Taurus Gold Begins Trading on OTCQB Venture Market and Announces DTC Eligibility
Edmonton, February 27, 2023 - Taurus Gold Corp. (CSE: TAUR) (OTCQB: TARGF) ("Taurus" or the "Company"), is pleased to announce that commencing market open on February 27, 2023, its common shares will be listed for trading on the OTCQB® Venture Market ("OTCQB") under the trading symbol TARGF.
Taurus's CEO, Mr. Trevor Harding, comments, "This is an exciting and important opportunity for Taurus, this platform will enable to Company to expand existing and prospective U.S. shareholders. The OTCQB listing is an important milestone for Taurus and allows for greater exposure and accessibility to the Company."
The OTCQB is a leading market for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Investors can find information and trading statistics on Taurus at OTC Markets.
OTCQB trading offers companies the advantages of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Investors can benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.
In addition, the Company is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and therefore accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.
The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol TAUR.
About the Company
Taurus Gold Corp. is a Canadian-based junior mineral exploration company focused on precious metals exploration in the Dawson Range Gold Belt which stretches from the Yukon-Alaska border. The Company currently operates the Charlotte property project. The region is characterized by gold veins and breccia, as well as copper-gold porphyry mineralization. Taurus Gold Corp. has an option to earn 100% interest in the Charlotte property.
For further information, please see www.taurusgold.ca or contact info@taurusgold.ca.
Contact Information
Trevor Harding
President and Chief Executive Officer
Taurus Gold Corp.
Phone: 587-608-5035
#239 9768-170th Street, Edmonton, AB T5T 5L4
Email: info@taurusgold.ca
Website: https://taurusgold.ca/
Forward-Looking Information:
This news release contains "forward-looking information" or "forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein are forward-looking, other than statements of historical fact. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "is expected", or "will continue", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information and forward-looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Taurus Gold to be materially different from those expressed or implied by such forward-looking information or forward-looking statements. Although Taurus Gold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The forward-looking statements and forward-looking information are made as of the date hereof and Taurus Gold disclaims, except as required by applicable securities laws, any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156337