Everton Begins Trading on OTCQX Under "EVRRF"
November 29 2011 - 12:14PM
Marketwired Canada
Everton Resources Inc. ("Everton" or the "Company") (TSX VENTURE:EVR)
(FRANKFURT:ERV) (OTCQX:EVRRF) is pleased to announce that common shares of the
Company have begun trading on the OTCQX marketplace, the premier tier of the
U.S. over-the-counter ("OTC") market, effective November 29, 2011. This follows
approval of the Company's application by OTC Markets Group Inc. ("OTC Markets
Group"). Everton will trade under the symbol "EVRRF".
About OTC Markets Group Inc.
OTC Markets Group operates the leading inter-dealer electronic quotation and
trading system in securities not listed on a U.S. stock exchange. Securities are
assigned to a multi-tier system: the premier, quality controlled OTCQX market
tier comprises investor-focused OTC-traded companies that can satisfy financial
and disclosure standards, the U.S. registered and reporting OTCQB market tier
which comprises companies that are current in their reporting obligations with
the SEC or report to a U.S. banking or insurance regulator and the open trading
OTC Pink marketplace. The various tiers account for over US$200 billion in
trading volume annually.
About Everton Resources Inc.
Everton Resources and Brigus Gold Inc., Everton's exploration partner in the
Dominican Republic, have reached an agreement whereby Everton will acquire 100%
ownership of Brigus' remaining interest in the Ampliacion Pueblo Viejo II
("APV"), Ponton and La Cueva concessions in the Dominican Republic. Everton is
actively exploring adjacent to the US$3.8 billion Pueblo Viejo project,
currently being developed by the world's largest gold mining company, Barrick
Gold Corporation (60%) in partnership with Goldcorp Inc. (40%) ("Goldcorp")
(NYSE:GG)(TSX:G). Planned divestiture of its 100%-owned subsidiary Hays Lake
Gold containing the Shoal Lake Gold Project in Kenora, Ontario is expected to
provide internal funding to advance the Ampliacion Pueblo Viejo project. Everton
also holds an interest in the Opinaca region of James Bay, Quebec where the
Company has partnered with Aurizon Mines Ltd. who is advancing Everton's
interest by funding 100% of all exploration work on one of the largest land
packages adjacent to Goldcorp's Eleonore gold deposit.
This news release contains certain forward-looking statements that involve risks
and uncertainties, such as statements of Everton's plans, objectives,
strategies, expectations and intentions. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions, as they relate to Everton, or its management, are intended
to identify such forward-looking statements. Many factors could cause Everton's
actual results, performance or achievements to be materially different any
future results, performance or achievements that may be expressed or implied by
such forward-looking statements. The forward-looking statements included in this
press release represent Everton's views as of the date of the release. While
Everton anticipates that subsequent events and developments may cause its views
to change, it specifically disclaims any obligation to update these
forward-looking statements, except in accordance with applicable securities
laws. Accordingly, readers are advised not to place undue reliance on
forward-looking information. All subsequent written and oral forward-looking
statements attributable to Everton or persons acting on its behalf are expressly
qualified in their entirety by this notice.
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