Hunt Gold Corporation -- Dual Listing of Company's Stock
December 04 2008 - 8:33AM
Marketwired
Hunt Gold Corporation (PINKSHEETS: HGLC) confirms that it is
contemplating the listing of the Company's shares of Common Stock
on a European Stock Exchange; as well as on the on the US OTC Pink
Sheets Market. The Company has been working on this strategy with
European Brokers and this plan will be coupled with these Brokers
purchasing a substantial quantity of the Company's shares in the
Open Market.
The Company, should it proceed with this plan, would be quoted
on the OTC Pink Sheets and on a European Stock Exchange. This would
bring in a substantial amount of new investors and introduce the
Company to European markets. Stockholders would be free to trade
their stock in either US Dollars or in Euros.
The Company is proceeding with its planned strategy of becoming
"Reporting" with the SEC with a planned move thereafter; to the OTC
BB market in the United States.
The Dual listing of the Company's shares of Common Stock in
Europe would significantly reduce the "free float" of the Company's
shares of outstanding stock in the United States as this Dual
Listing will be coupled with a placement of these "free trading"
shares with various European brokerage Houses.
Should the Company elect to proceed with this Dual Listing in
Europe, the Company's European Corporate Finance Advisors and
Brokers are confident that this will be achieved early in January
of 2009.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company
focused on the development and exploration of its Gold properties,
namely "Mockingbird," "Ambassador," "Golden Eagle," "Gladstone
Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American
Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red
Cloud" and "Federal." The Company has completed the sale of its
"American Molygold" interests and will be distributing the entire
sale proceeds through a Stock Dividend to its stockholders, this to
be announced shortly.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual report on Form 10-K or 10-KSB and
other filings made by such company with the SEC.
For further information contact: Mr. Michael G Saner Hunt Gold
Corporation E Mail: Email Contact Telephone: (954) 840-6956
Hunt Gold (CE) (USOTC:HGLC)
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