Minera Alamos Begins Trading on the U.S. OTCQB
11 September 2017 - 11:28PM
Minera Alamos Inc. (TSXV:MAI) (OTCQB:VGMTF) (the
"
Company" or "
Minera Alamo") is
pleased to announce it has received approval for an OTCQB listing
in the United States. The Company’s common shares now trade
on the OTCQB under the symbol VGMTF.
“We are pleased to announce the conclusion of
our efforts to elevate the status of our share trading in the U.S.
to the OTCQB,” said Darren Koningen, President and CEO
of Minera Alamos. “The listing will provide enhanced
access for the Company to investors in the world’s largest equity
market. Management believes it will also create a wider
awareness of the Company’s ongoing progress as it advances the La
Fortuna gold project towards production.”
About Minera Alamos
Minera Alamos is an advanced stage exploration
and development company. Its growing portfolio of high-grade
Mexican projects includes the La Fortuna open pit gold project in
Durango and the Los Verdes open pit copper-molybdenum project in
Sonora. The Company is well financed to conduct all of its planned
exploration and development activities and continues to pursue
additional project acquisitions in Latin America.
OTCQB Marketplace
The OTCQB Marketplace is for developing U.S. and
international companies. An OTCQB listing increases investor
confidence by knowing that companies are current in their reporting
and will undergo an annual verification and management
certification process. Investors in OTCQB listed companies
have access to greater information available through the OTC
Disclosure & News Service as well as transparent prices through
full depth of book with Real Time Level 2 quotes. Investors
can find Real-Time Level 2 quotes and market information
for Minera Alamos on www.otcmarkets.com.
CONTACT INFORMATION:Minera Alamos Inc Darren
Koningen, President & CEO 416-306-0990 ext 201
Patrick Piette, Investor Relations416-306-0990 ext 203
www.mineraalamos.com
Caution Regarding Forward-Looking Statements
This news release may contain forward-looking information and
Minera Alamos cautions readers that forward-looking information is
based on certain assumptions and risk factors that could cause
actual results to differ materially from the expectations of Minera
Alamos included in this news release. This news release includes
certain "forward-looking statements”, which often, but not always,
can be identified by the use of words such as "believes",
"anticipates", "expects", "estimates", "may", "could", "would",
"will", or "plan". These statements are based on information
currently available to Minera Alamos and Minera Alamos provides no
assurance that actual results will meet management's expectations.
Forward-looking statements include estimates and statements with
respect to Minera Alamos’ future plans, objectives or goals, to the
effect that Minera Alamos or management expects a stated condition
or result to occur, including funding and exercise of royalty
options contemplated under the Investment Agreement with Osisko
Gold Royalties Ltd, on the terms provided for therein or at all,
the expected timing for release of an updated resource and reserve
estimate and a preliminary economic assessment on Fortuna and
whether or not the assessment will conclude that mineral production
is feasible on a technical or economic basis, and the ability to
successfully develop other mineral exploration properties now or in
the future. Since forward-looking statements are based on
assumptions and address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual
results relating to, among other things, results of exploration,
the economics of processing methods, project development,
reclamation and capital costs of Minera Alamos’ mineral properties,
the ability to complete a preliminary economic assessment which
supports the technical and economic viability of mineral
production. Minera Alamos’ financial condition and prospects,
could differ materially from those currently anticipated in such
statements for many reasons such as: the absence of funding
resulting from a determination by Osisko Gold Royalties Ltd not to
exercise the royalty options contemplated under the Investment
Agreement on the terms provided for therein or at all; an inability
to finance and/or complete an updated resource and reserve estimate
and a preliminary economic assessment which supports the technical
and economic viability of mineral production; changes in general
economic conditions and conditions in the financial markets;
changes in demand and prices for minerals; litigation, legislative,
environmental and other judicial, regulatory, political and
competitive developments; technological and operational
difficulties encountered in connection with Minera Alamos’
activities; and other matters discussed in this news release and in
filings made with securities regulators. This list is not
exhaustive of the factors that may affect any of Minera Alamos’
forward-looking statements. These and other factors should be
considered carefully and readers should not place undue reliance on
Minera Alamos’ forward-looking statements. Minera Alamos does not
undertake to update any forward-looking statement that may be made
from time to time by Minera Alamos or on its behalf, except in
accordance with applicable securities laws.
NEITHER 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.
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