CMC Metals Ltd. Upgrades Its U.S. Listing to the OTCQB
VANCOUVER, August 10, 2022 - CMC Metals Ltd. (TSXV:CMB) (Frankfurt:ZM5P) (OTCQB:CMCXF) ("CMC" or the "Company") is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market (the "OTCQB"), operated by the OTC Markets Group, New York. The Company will commence trading on the OTCQB at the open of market August 11th, 2022, under the current symbol "CMCXF". The Company's common shares will also continue to trade on the TSX Venture Exchange under the symbol "CMB". Kevin Brewer, President and Chief Executive Officer commented, "The QB listing will broaden our shareholder base in the United States to wider audience and expand our visibility creating better transparency allowing various platforms to execute orders with greater clarity creating more opportunity to share our story with our neighbors next door."
The OTCQB is the premier venture marketplace for entrepreneurial and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. To be eligible, Companies must meet high financial standards, including be current in their financing reporting, follow best practice corporate governance, have a professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
About CMC Metals Ltd.
CMC Metals Ltd. is a growth stage exploration company focused on opportunities for high grade polymetallic deposits in Yukon, British Columbia and Newfoundland.
On behalf of the Board:
"John Bossio"
John Bossio, Chairman
CMC Metals Ltd.
For Further Information and Investor Inquiries:
Kevin Brewer, P. Geo., MBA, B.Sc.(Hons), Dip. Mine Eng.
President, CEO and Director
Tel: (709) 327 8013
kbrewer80@hotmail.com
Suite 1000-409 Granville St.
Vancouver, BC
V6C 1T2
To be added to CMC's news distribution list, please send an email to info@cmcmetals.ca or contact Mr. Kevin Brewer directly.
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.
"This news release may contain certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation."
SOURCE: CMC Metals Ltd.