NevGold Announces U.S. Listing on OTCQB and Receives DTC Eligibility
22 September 2021 - 2:15PM
NevGold Corp. (“
NevGold” or the
“
Company”) (
TSXV:NAU) (OTCQB:NAUFF)
(Frankfurt:5E50) is pleased to announce that its shares
will commence trading under the symbol “NAUFF” on the OTCQB Venture
Market (the “OTCQB”) effective September 22, 2021. The Company has
also received The Depository Trust Company (the “DTC”) full-service
eligibility in the United States, making the Company’s stock more
accessible to U.S. retail and institutional investors.
NevGold CEO, Brandon Bonifacio,
comments: “Listing on the OTCQB, along with our Frankfurt,
Germany listing, enables our U.S. and European shareholders to more
effectively participate in trading NevGold shares and will increase
liquidity in multiple jurisdictions. With our Limousine Butte and
Cedar Wash gold projects in Nevada, we expect to attract many
U.S.-based retail and institutional investors who are interested in
exposure to gold resource development and exploration within the
United States. We are aggressively pushing forward with our first
active drilling campaign of 10,000 meters at Limousine Butte, which
is expected to start in the coming weeks, and we are advancing
Cedar Wash to start drilling the project before the end of 2021. We
look forward to growing our global investor base through our
listings in Canada, U.S., and Germany as we proceed into a highly
active period for the company.”
The DTC is the largest securities depository in the
world and facilitates electronic settlement of stock certificate
transfers in the United States. The shares of the Company, trading
under the symbol "NAUFF" in the United States, are now eligible to
be electronically cleared and settled through the DTC and are
therefore considered "DTC eligible". This electronic method of
clearing securities offers a more efficient, lower-cost settlement
process for investors and brokers.The OTCQB is the premier
marketplace for entrepreneurial and development stage U.S. and
international companies that are committed to providing a
high-quality trading and information experience for their US
investors. To be eligible, companies must be current in their
financial reporting, pass a minimum bid price test, and undergo an
annual company verification and management certification
process.
ON BEHALF OF THE BOARD
“Signed”
Brandon Bonifacio, President &
CEO
For further information, please contact Brandon
Bonifacio at bbonifacio@nev-gold.com, call 604-337-4997, or visit
our website at www.nev-gold.com.
About the CompanyNevGold is an
exploration and development company targeting large-scale mineral
systems in the proven districts of Nevada and British Columbia.
NevGold owns a 100% interest in the Limousine Butte and Cedar Wash
gold projects in Nevada, and the Ptarmigan silver-polymetallic
project in Southeast BC.
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.
Cautionary Note Regarding Forward Looking
Statements
This news release contains forward-looking
statements that are based on the Company’s current expectations and
estimates. Forward-looking statements are frequently characterized
by words such as “plan”, “expect”, “project”, “intend”, “believe”,
“anticipate”, “estimate”, “suggest”, “indicate” and other similar
words or statements that certain events or conditions “may” or
“will” occur. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that could cause
actual events or results to differ materially from estimated or
anticipated events or results implied or expressed in such
forward-looking statements. Any forward-looking statement speaks
only as of the date on which it is made and, except as may be
required by applicable securities laws, the Company disclaims any
intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or
otherwise. Forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on
such statements due to the inherent uncertainty therein.
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