MONTREAL, May 22, 2020 /CNW Telbec/ - Guerrero
Ventures Inc. (TSXV: GV) (the "Company") is pleased to
announce that it has received conditional approval to list its
common shares on the Toronto Stock Exchange ("TSX")
following the completion of its previously-announced reverse
take-over and two related vend-in transactions (the
"Transactions").
"The receipt of the TSX's conditional approval marks a
significant milestone in the launch of Nomad Royalty Company" said
Vincent Metcalfe, Chief Executive
Officer of the Company. "Listing on the TSX will enable the Company
to reach a broad investor base, enhance trading liquidity and
further position the Company to execute on its growth plan upon the
completion of the Company's reverse take-over."
Final approval of the listing is subject to the Company meeting
certain conditions required by the TSX on or before August 18, 2020, these conditions include the
completion of the Transactions and the change of the Company's name
to "Nomad Royalty Company Ltd." Upon receipt of the TSX's final
approval, the Company's common shares will be delisted from the TSX
Venture Exchange and will begin trading on the TSX under the symbol
"NSR".
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.
Notice on Forward-looking Statements
This news release
contains statements that may constitute "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information may include, among others,
statements regarding the future plans, costs, objectives or
performance of the Company and its business, or the assumptions
underlying any of the foregoing. In this news release, words such
as "may", "would", "could", "will", "likely", "believe", "expect",
"anticipate", "intend", "plan", "estimate" and similar words and
the negative form thereof are used to identify forward-looking
statements. Forward-looking statements should not be read as
guarantees of future performance or results, and will not
necessarily be accurate indications of whether, or the times at or
by which, such future performance will be achieved. The
forward-looking events and circumstances discussed in this release,
including completion of the Transactions, may not occur and could
differ materially as a result of known and unknown risk factors and
uncertainties affecting the Company, including risks regarding
royalty, stream and gold loan assets, risks related to COVID-19,
the ability of the Company's management to manage and to operate
the business of the Company, and the equity markets generally.
Forward-looking information is based on information available at
the time and/or management's good-faith belief with respect to
future events and are subject to known or unknown risks,
uncertainties, assumptions and other unpredictable factors, many of
which are beyond the control of the Company. These risks,
uncertainties and assumptions include, but are not limited to,
those that will be described in the Company's continuous disclosure
documents to be filed, and which will be available, on SEDAR at
www.sedar.com, and could cause actual events or results to differ
materially from those projected in any forward-looking statements.
The Company does not intend, nor does it undertake any obligation,
to update or revise any forward-looking information contained in
this news release to reflect subsequent information, events or
circumstances or otherwise, except if required by applicable
laws.
SOURCE Guerrero Ventures Inc.