SilverCrest Commences Trading on OTCQX
October 07 2011 - 7:00AM
Marketwired
SilverCrest Mines Inc. (the "Company") (TSX
VENTURE:SVL)(OTCQX:STVZF)(PINK SHEETS:STVZF) is pleased to announce
the Company's shares commenced trading today on the OTC market's
prestigious tier, OTCQX International, under the trading symbol:
STVZF. Investors can find current financial disclosure and
Real-Time Level 2 quotes for the Company on www.otcqx.com and
www.otcmarkets.com.
J. Scott Drever, President of SilverCrest stated; "We are
pleased to begin trading on the OTCQX as it gives our current and
potential shareholders another regulated platform from which they
can conveniently trade our common shares. From the Company's
perspective, it provides added exposure to an expanded US market of
precious metals investors."
"The superior information and visibility of the OTCQX
marketplace allows companies to efficiently build investor
confidence and expand their shareholder base," said R. Cromwell
Coulson, President and Chief Executive Officer of OTC Markets
Group. "We are pleased to welcome SilverCrest Mines to OTCQX."
Dorsey & Whitney LLP will serve as SilverCrest Mines'
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements.
SilverCrest Mines Inc.
(http://www.otcmarkets.com/stock/STVZF/quote) (TSX
VENTURE:SVL)(OTCQX:STVZF)(PINK SHEETS:STVZF) trades in the United
States on OTCQX under the symbol "STVZF", and in Canada on TSX
Venture under the symbol "SVL". SilverCrest Mines Inc. is a Mexican
precious metals producer headquartered in Vancouver, BC.
SilverCrest's flagship property is the 100%-owned Santa Elena Mine,
which is located 150km northeast of Hermosillo, in the State of
Sonora, Mexico. The mine is a high-grade, epithermal gold and
silver producer, with an estimated life of mine cash cost of US$8
per ounce of silver equivalent. SilverCrest anticipates that the
current 2,500 tonnes per day facility will produce approximately
4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5
year life of the open pit phase of the Santa Elena Mine. The
Company also has two additional exploration properties, the Cruz de
Mayo, in Sonora, Mexico and La Joya in Durango, Mexico.
(Please view our web site at www.silvercrestmines.com for
additional corporate and project information.)
About OTC Markets Group Inc.
OTC Markets Group Inc.
(http://www.otcmarkets.com/stock/128054/quote) (OTCQX:OTCM)
operates the world's largest electronic marketplace for
broker-dealers to trade unlisted stocks. The OTC Link(TM) platform
supports an open network of competing broker-dealers that provide
investors with the best prices in over 10,000 OTC securities.
OTC-traded companies are categorized into three tiers - OTCQX (the
quality-controlled marketplace for investor friendly companies),
OTCQB® (the U.S. reporting company marketplace for development
stage companies), and OTC Pink(TM) (the speculative trading
marketplace) enabling investors to identify the level and quality
of information companies provide. To learn more about how OTC
Markets Group makes the unlisted markets more transparent,
informed, and efficient, visit www.otcmarkets.com.
This news release contains forward-looking statements, which
address future events and conditions, which are subject to various
risks and uncertainties. The Company's actual results, programs and
financial position could differ materially from those anticipated
in such forward-looking statements as a result of numerous factors,
some of which may be beyond the Company's control. These factors
include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of
mineral properties, the interpretation of drilling results and
other geological data, the uncertainties of resource and reserve
estimations, receipt and security of mineral property titles;
project cost overruns or unanticipated costs and expenses,
fluctuations in metal prices; currency fluctuations; and general
market and industry conditions. Forward-looking statements are
based on the expectations and opinions of the Company's management
on the date the statements are made. The assumptions used in the
preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking
statements.
J. Scott Drever, President
SILVERCREST MINES INC.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Silver Crest Mines Inc. Fred Cooper (604) 694-1730 or
Toll Free: 1-866-691-1730 (604) 694-1761
(FAX)info@silvercrestmines.comwww.silvercrestmines.com
SilverCrest Mines (TSXV:SVL)
Historical Stock Chart
From Feb 2025 to Mar 2025
SilverCrest Mines (TSXV:SVL)
Historical Stock Chart
From Mar 2024 to Mar 2025