White Gold Corp. Announces Commencement of Trading on the OTCQX Best Market
August 19 2021 - 6:00AM
White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA:
29W) (the "Company") is pleased to announce the
commencement of trading of the Company’s common shares on the QTCQX
Best Market under the ticker symbol of WHGOF. The OTCQX® Best
Market (the “OTCQX”) is the highest market tier of OTC Markets on
which 11,000 U.S. and global securities trade and is an important
step for companies seeking to provide transparent trading for their
U.S. investors. Investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com. B.
Riley Securities, Inc. acted as the Company’s OTCQX sponsor.
“We are pleased to have qualified for trading on
OTCQX. The decision to upgrade to the OTCQX is part of our strategy
to expand awareness to US based and international investors. The
OTCQX is the premiere market for developing international companies
trading in the United States, and will greatly enhance trading
liquidity, and facilitate greater access and exposure to U.S.
retail and institutional investors,” stated David D’Onofrio, CEO of
the Company.
About White Gold Corp.
White Gold Corp. owns a portfolio of 21,111
quartz claims across 31 properties covering over 420,000 hectares
representing over 40% of the Yukon’s prolific White Gold District
and is backed by strategic partners Agnico Eagle Mines Limited
(TSX: AEM, NYSE: AEM) and Kinross Gold Corporation (TSX: K, NYSE:
KGC). The Company’s flagship White Gold property hosts the
Company’s Golden Saddle and Arc deposits which have a mineral
resource of 1,139,900 ounces Indicated at 2.28 g/t Au and 402,100
ounces Inferred at 1.39 g/t Au(1). Mineralization on the Golden
Saddle and Arc is also known to extend beyond the limits of the
current resource estimate. The Company’s VG Deposit also hosts a
historic Inferred gold resource of 230,000 ounces at 1.65 g/t
Au(2). Regional exploration work has also produced several other
new discoveries and prospective targets with ongoing drill
campaigns on the Company’s expansive claim packages, some of which
border on other sizable gold discoveries including the Coffee
project owned by Newmont Corporation with Measured and Indicated
Resources of 2.17 Moz at 1.46 g/t Au, and Inferred Resources of
0.50 Moz at 1.32 g/t Au(3), and Western Copper and Gold
Corporation’s Casino project which has Measured and Indicated
Resources of 14.5 Moz Au and 7.6 Blb Cu and Inferred Resources of
6.6 Moz Au and 3.3 Blb Cu(4). For more information visit
www.whitegoldcorp.ca and to view the Company’s virtual property
tour visit lp.whitegoldcorp.ca/leading-yukon-gold-rush.
(1) See White Gold Corp. technical report titled
“Technical Report for the White Gold Project, Dawson Range, Yukon
Canada”, dated July 10, 2020, prepared by Dr. Gilles Arseneau,
P.Geo., and Andrew Hamilton, P.Geo., available on SEDAR. (2) See
Comstock Metals Ltd. technical report titled “NI 43-101 TECHNICAL
REPORT on the QV PROJECT”, dated August 19, 2014, prepared by Jean
Pautler, P.Geo., and Ali Shahkar, P.Eng., available on SEDAR. (3)
See Newmont Corporation press release titled “Newmont Reports 2019
Gold Mineral Reserves of 100 Million Ounces, Largest in Company
History”, dated February 13, 2020, available on SEDAR.(4) See
Western Copper and Gold Corporation press release titled “Western
Copper and Gold Announces Significant Resource Increase at Casino”,
dated July 14, 2020, available on SEDAR.
About OTC Markets Group Inc.OTC
Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market,
the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S.
and global securities. OTCQX is the premiere marketplace for
established, investor-focused U.S. and international companies and
is recognized by the U.S. Securities and Exchange Commission as an
established public market providing public information for analysis
and value of securities. To qualify for OTCQX, companies must meet
high financial standards, follow best practice corporate
governance, demonstrate compliance with applicable securities laws,
meet continuous disclosure requirements and have a professional
third-party sponsor introduction.
Neither the TSXV nor its Regulation
Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this
news release.
For Further Information, Please
Contact:
Contact Information:David
D’OnofrioChief Executive OfficerWhite Gold Corp.(647) 930-1880
ir@whitegoldcorp.ca
To Book a Meeting with Management:
https://whitegoldcorp.ca/contact/request-information/
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