Quadro Announces Frankfurt Listing
Vancouver, May 11, 2020 - Quadro Resources Ltd. (TSXV: QRO) (FSE: G4O2) ("Quadro" or the "Company") is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange ("FRA") and are under the trading symbol G4O2.
The Frankfurt Stock Exchange, operated by Deutsche Börse AG, is one of the world's largest trading centers for securities and the largest of the eight stock exchanges in Germany. Quadro's Frankfurt listing is expected to facilitate the process of trading in its shares by investors in Europe and internationally. The Company's shares continue to be listed on the Toronto Venture Exchange under the symbol QRO.
T. Barry Coughlan, CEO commented: "Our Frankfurt listing is an important step in the Company's growth, enabling European investors and capital managers to participate in our story. This opportunity to broaden our shareholder base comes at an excellent time as we develop our gold and platinum-palladium projects in North America. This is an important step towards furthering the objectives of improving our visibility with the investment community and increasing investor awareness globally."
About Quadro Resources:
Quadro is a publicly traded mineral exploration company. It is led by an experienced and successful management team and is focused on exploring for gold and PGE in North America. Quadro has approximately 40 million shares outstanding. The Company's shares trade on the TSX Venture Exchange under the symbol "QRO". Quadro owns a 100% interest in the Staghorn and Conche properties and has an option to earn a 100% interest in the Long Lake property in Newfoundland and an option to earn a 70% interest in the Seagull Lake property in Ontario.
On behalf of the board of directors,
"T. Barry Coughlan"
President and CEO
604-644-9561
"Neither the 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." The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections." For more information on the Company, interested parties should review the Company's filings that are available at www.sedar.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55637