Collective Mining Announces Trading on the OTCQX and DTC Eligibility of its Common Shares in the United States
2022年7月18日 - 10:55PM
Collective Mining Ltd. (TSXV: CNL)
(OTCQX:CNLMF) (“Collective” or the “Company”) is pleased
to announce that its common shares are now trading on the OTCQX®
Best Market under the symbol "CNLMF". Collective upgraded to the
OTCQX from the Pink® market and its common shares are eligible for
electronic clearing and settlement through The Depository Trust
Company ("DTC") in the United States. Collective’s common shares
will continue to trade on the TSX Venture Exchange under the symbol
"CNL".
Upgrading to the OTCQX Market enables Collective
to provide transparent trading for U.S. investors. Streamlined
market standards enable the Company to utilize its TSX listing to
make information available in the U.S. To qualify for OTCQX,
companies must meet high financial standards, follow best practice
corporate governance and demonstrate compliance with applicable
securities laws.
DTC is a subsidiary of the Depository Trust
& Clearing Corporation, a United States company that manages
electronic clearing and settlement for publicly traded companies.
Securities that are eligible to be electronically cleared and
settled through the DTC are considered to be "DTC
eligible". DTC eligibility is expected to simplify the
process of trading and transferring the Common Shares and to
enhance the liquidity of the Common Shares in the United States
because of the accelerated settlement period and the expected
reduction in costs for investors and brokers, enabling the
Company's common shares to be traded over a wider selection of
brokerage firms.
Ari Sussman, Collective’s Executive Chairman,
commented, "We are excited to graduate from the Pink® market and
begin trading on the OTCQX Market. This achievement, along with our
DTC eligibility, will give a greater number of investors the
opportunity to invest in Collective and enable participation in our
exciting growth story."
Nauth LPC acted as OTCQX sponsor.
About OTC Markets Group
Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates
regulated markets for trading 12,000 U.S. and international
securities. Our data-driven disclosure standards form the
foundation of our three public markets: OTCQX® Best Market, OTCQB®
Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs)
provide critical market infrastructure that broker-dealers rely on
to facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are
each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and
SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
About Collective Mining Ltd.
To see our latest corporate presentation, please
visit www.collectivemining.com
Collective Mining is an exploration and
development company focused on identifying and exploring
prospective mineral projects in South America. Founded by the team
that developed and sold Continental Gold Inc. to Zijin Mining for
approximately $2 billion in enterprise value, the mission of the
Company is to repeat its past success in Colombia by making
significant new mineral discoveries and advance the projects to
production. Management, insiders and close family and friends own
nearly 45% of the outstanding shares of the Company and as a
result, are fully aligned with shareholders. Collective currently
holds an option to earn up to a 100% interest in two projects
located in Colombia. As a result of an aggressive exploration
program on both the Guayabales and San Antonio projects, a total of
eight major targets have been defined. The Company is fortuitous to
have made significant grassroot discoveries at both projects with
near-surface discovery holes at the Guayabales project yielding 302
metres at 1.11 g/t AuEq at the Olympus target, 163 metres at 1.3
g/t AuEq at the Donut target and 87.8 metres at 2.49 g/t AuEg at
the Apollo target. At the San Antonio project, the Company
intersected, from surface, 710 metres at 0.53 AuEq. (See press
releases dated October 27th, 2021, November 15, 2021, March 15,
2022 and June 22, 2022 for AuEq calculations)
Contact Information
Collective Mining Ltd.Steve Gold, Vice
President, Corporate Development and Investor RelationsTel. (416)
648-4065
FORWARD-LOOKING STATEMENTSThis
news release contains certain forward-looking statements. Wherever
possible, words such as “may”, “will”, “should”, “could”, “expect”,
“plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or
“potential” or the negative or other variations of these words, or
similar words or phrases, have been used to identify these
forward-looking statements. These statements reflect management’s
current beliefs and are based on information currently available to
management as at the date hereof.
This press release contains forward-looking
information in a number of places, such as in statements relating
to the benefits to be derived by the Company's securities trading
on the OTCQX and the eligibility of the Company's securities on
DTC. There can be no assurance that such statements will prove to
be accurate, as Collective’s actual results and future events could
differ materially from those anticipated in this forward-looking
information as a result of the factors discussed in the "Risk
Factors" section in Collective's Annual Information Form, which is
available at www.collectivemining.com or on SEDAR.
Forward-looking statements involve significant
risk, uncertainties, and assumptions. Many factors could
cause actual results, performance, or achievements to
differ materially from the results discussed or implied in the
forward-looking statements. These factors should be
considered carefully, and readers should not place undue
reliance on the forward-looking statements. Although the
forward-looking statements contained in this news release are based
upon what management believes to be reasonable assumptions,
Collective cannot assure readers that actual results will be
consistent with these forward-looking statements. These
forward-looking statements are made as of the date of this news
release, and Collective assumes no obligation to update or revise
them to reflect new events or circumstances, except as required by
law.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news
release.
Collective Mining (TSXV:CNL)
過去 株価チャート
から 11 2024 まで 12 2024
Collective Mining (TSXV:CNL)
過去 株価チャート
から 12 2023 まで 12 2024