ELEMENT79 ANNOUNCES UPLISTING TO
OTCQB VENTURE MARKET
Vancouver, BC, Canada -- August 26, 2024 -- InvestorsHub NewsWire
-- Element79 Gold Corp. (CSE:ELEM, FSE 7YS0, OTC:ELMGF) a mining company focused on gold and
silver committed to maximizing shareholder value through
responsible mining practices and sustainable development, announces
it has uplisted the trading of shares of its common stock from the
OTC® Pink Market to the
OTCQB® Venture Market
(OTCQB), effective as of August 23, 2024.
Following this uplisting, the Company's common shares start trading
on the OTCQB under the symbol "ELMGF" as of the opening of the
market on August 26, 2024. The Company's common shares will
continue to trade on the Canadian Securities Exchange under the
sym
bol "ELEM" and the Frankfurt Stock Exchange under the symbol
"7YS0".
"We are thrilled to announce the uplisting to the OTCQB in line
with our strategic growth objectives. This move is a direct
result of our commitment to transparency and achieves our team's
goal to enhance our visibility with the investment community, and
to all investors, through listing our shares on a larger, more
accessible exchange. The OTCQB market has increased compliance and
quality standards, broadens access and may improve liquidity for
shareholders. We are confident this step will expand
Element79's visibility and attract a wider range of investors,"
said James Tworek Chief Executive Officer and Director.
About Element79 Gold
Corp
Element79 Gold's focus is on exploring developing its
past-producing, high-grade gold and silver mine, the Lucero project
located in Arequipa, Peru, with the intent to restart production in
the near term.
The Company holds a portfolio of five properties along the Battle
Mountain trend in Nevada, and the projects are believed to have
significant potential for near-term resource development. The
Company is currently reviewing the Battle Mountain portfolio for
exploration and development or sale.
The Company also holds an option to acquire a 100% interest in the
Dale Property, 90 unpatented mining claims located approximately
100 km southwest of Timmins, Ontario, and has recently announced
that it has transferred this project to its wholly owned
subsidiary, Synergy Metals Corp, and is advancing through the Plan
of Arrangement spin-out process.
For more information about the
Company, please visit its new website: www.element79.gold
Contact Information
For corporate matters, please contact:
James C. Tworek, Chief Executive Officer and Director
E-mail: jt@element79.gold
For investor relations inquiries, please contact:
Investor Relations Department
Phone: +1.403.850.8050
E-mail: investors@element79.gold
Cautionary Note Regarding
Forward-Looking Statements
Certain statements contained in this
press release constitute forward-looking information. These
statements relate to future events or future performance. The use
of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements
relating to matters that are not historical facts are intended to
identify forward-looking information and are based on the Company's
current belief or assumptions as to the outcome and timing of such
future events.
in particular, this press release
contains forward-looking information relating to, among other
things, the anticipated benefits of listing on the OTCQB, including
greater capital markets visibility and awareness. Various
assumptions or factors are typically applied in drawing conclusions
or making the forecasts or projections set out in forward-looking
information, including the assumption that the Company will remain
listed on the OTCQB and that it will recognize the anticipated
benefits of listing on the OTCQB, including that the Company's
securities will receive greater visibility and awareness amongst
investor communities. Those assumptions and factors are based on
information currently available to the Company. Although such
statements are based on reasonable assumptions of the Company's
management, there can be no assurance that any conclusions or
forecasts will prove to be accurate.
Forward looking information involves
known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
information. Such factors include the risk that the Company
de-lists from the OTCQB or otherwise does not realize the
anticipated benefits from its listing on the OTCQB, including that
shareholders do not experience increased liquidity in the common
shares of the Company as a result of its uplisting on the OTCQB.
The forward-looking information contained in this release is made
as of the date hereof, and the Company not obligated to update or
revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Because of the risks, uncertainties and
assumptions contained herein, investors should not place undue
reliance on forward-looking information. The foregoing statements
expressly qualify any forward-looking information contained
herein.
The Canadian Securities Exchange has
not approved nor disapproved the contents of this news release and
does not accept responsibility for the adequacy or accuracy of this
release.