Troilus Gold Corp. Announces Listing on OTCQB
November 01 2018 - 5:00AM
Troilus Gold Corp. (TSX: TLG) (OTCQB: CHXMF) (“Troilus” or the
“Company”) is pleased to announce that it has received approval
from the OTC Market Group Inc. to commence trading on the OTCQB
Venture Market under the OTCQB ticker symbol “CHXMF”. Troilus’
shares will continue to trade on the TSX.
The OTCQB offers transparent trading in
entrepreneurial and development stage companies that have met a
minimum bid price test, are current in their financial reporting
and have undergone an annual verification and management
certification process. These standards provide a strong baseline of
transparency, as well as the technology and regulation to improve
the information and trading experience for investors.
"We are very enthusiastic to be listing on the
OTCQB Venture Market. We believe a secondary OTCQB listing will
provide increased access to US institutional investors and a
broader shareholder base and allow U.S. investors the opportunity
to further share in the Company's continued expansion and growth
internationally," said Justin Reid, CEO of Troilus Gold Corp.
"U.S. investors can obtain Real-Time quotes and market information
for the Company at www.otcmarkets.com and access the most
current company news and developments."
About Troilus Gold Corp.
Troilus is a Toronto-based, Quebec focused,
advanced stage exploration and early-development company focused on
the mineral expansion and potential mine re-start of the former
gold and copper Troilus mine. The 4,700-hectare Troilus property is
located Northeast of the Val-d’Or district, within the Frotêt-Evans
Greenstone Belt in Quebec, Canada. From 1997 to 2010, Inmet Mining
Corporation operated the Troilus project as an open-pit mine,
producing more than 2,000,000 ounces of gold and nearly 70,000
tonnes of copper.
For more information:
Spyros Karellas Communications Manager+1 (416)
433-5696skarellas@troilusgold.com
Cautionary statements
This press release contains “forward‑looking
information” within the meaning of applicable Canadian securities
legislation. Forward‑looking information includes, but is not
limited to, statements regarding the impact of U.S. trading on the
Company and the receipt of any required regulatory approvals..
Generally, forward‑looking information can be identified by the use
of forward-looking terminology such as “plans”, “expects” or “does
not expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will be taken”, “occur” or “be achieved”.
Forward‑looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Troilus to be
materially different from those expressed or implied by such
forward‑looking information, including but not limited to: there
being no assurance that the exploration program will result in
expanded mineral resources; ;risks and uncertainties inherent to
mineral resource estimates; receipt of necessary approvals; general
business, economic, competitive, political and social
uncertainties; future prices of mineral prices; accidents, labour
disputes and shortages; environmental and other risks of the mining
industry, including without limitation, risks and uncertainties
discussed in the Technical Report and other continuous disclosure
documents of the Company available under the Company’s profile at
www.sedar.com . Although Troilus has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that
such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward‑looking information. Troilus does not undertake
to update any forward-looking information, except in accordance
with applicable securities laws.
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.
This press release does not constitute or form a
part of any offer or solicitation to purchase or subscribe for
securities in the United States. The securities referred to herein
have not been and will not be registered under the Securities Act
of 1933, as amended (the “Securities Act”), or with any securities
regulatory authority of any state or other jurisdiction in the
United States, and may not be offered or sold, directly or
indirectly, within the United States or to, or for the account or
benefit of, U.S. persons, as such term is defined in Regulation S
under the Securities Act (“Regulation S”), except pursuant to an
exemption from or in a transaction not subject to the registration
requirements of the Securities Act.
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