Marifil Announces OTCQB Listing and DTC Eligibility
11 Juni 2018 - 1:00PM
Marifil Mines Limited (TSXV:MFM) (OTCQB:MFMLF)
("
Marifil" or the "
Company"), a
company engaged in exploring, evaluating and acquiring mineral rich
resource properties in Argentina, is pleased to announce that its
common shares have been listed (the "
Listing") for
trading on the OTC Markets Group's OTCQB Venture Market (the
"
OTCQB") under the symbol
"MFMLF". In addition to the OTCQB, Marifil's
common shares will continue to trade on the TSX Venture Exchange.
The OTCQB offers transparent trading in
entrepreneurial and development stage companies that have met a
minimum bid price test, are current in their financial reporting
and have undergone an annual verification and management
certification process. These standards provide a strong baseline of
transparency, as well as the technology and regulation to improve
the information and trading experience for investors. U.S.
investors can find current financial disclosure and Real-Time Level
2 quotes for Marifil
at http://www.otcmarkets.com/stock/MFMLF/.
In connection with the Listing, the Company's
common shares were also made eligible with the Depository Trust
Company (the "DTC").
The DTC, a subsidiary of the Depository Trust
& Clearing Corporation (DTCC), manages the electronic clearing
and settlement of publicly traded companies. Securities that are
eligible to be electronically cleared and settled through the DTC
are considered DTC eligible. This electronic method of clearing
securities speeds up the receipt of stock and cash, and thus
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.
Being DTC eligible is expected to greatly
simplify the process of trading and exchange of the Company's
common shares on the OTCQB.
ON BEHALF OF MARIFIL MINES LIMITED "Rob Abenante" Robert
Abenante, President & CEO
Contact Information:
Phone:
604.424.8889Email: info@marifilmines.com Website:
www.marifilmines.com
For further information regarding Marifil Mines
Limited, please refer to the Company's filings available on SEDAR
(http://www.sedar.com) or at Marifil's Website
(http://www.marifilmines.com).
General Disclaimer
Marifil Mines Limited "Marifil" has taken all
reasonable care in producing and publishing information contained
in this news release, and will endeavor to do so on a periodic
basis. Material in this news release may still contain technical or
other inaccuracies, omissions, or typographical errors, for which
Marifil assumes no responsibility. Marifil does not warrant or make
any representations regarding the use, validity, accuracy,
completeness or reliability of any claims, statements or
information on this site. Under no circumstances, including, but
not limited to, negligence, shall Marifil be liable for any direct,
indirect, special, incidental, consequential, or other damages,
including but not limited to, loss of programs, loss of data, loss
of use of computer of other systems, or loss of profits, whether or
not advised of the possibility of damage, arising from your use, or
inability to use, the material from this news release. The
information is not a substitute for independent professional advice
before making any investment decisions. Furthermore, you may not
modify or reproduce in any form, electronic or otherwise, any
information on this site, except for personal use unless you have
obtained our express written permission.
Forward-Looking Statements
This news release contains forward-looking
statements, including but not limited to comments regarding
predictions and projections. More particularly, this document
contains statements concerning the benefits of both DTC eligibility
for the Company's shares and the listing of the Company's shares on
OTCQB. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements. The Company does not intend, and
does not assume any obligation, to update these forward-looking
statements.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange), nor the OTCQB Venture Market
accepts responsibility for the adequacy or accuracy of this
release.
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