NOCSF - Norseman Silver Inc. Approved for Trading on OTCQB Venture Market
(TheNewswire)
VANCOUVER, British Columbia – TheNewswire - March 2, 2021 –Norseman Silver Inc. (TSXV:NOC ) ( OTCQB:NOCSF) a Vancouver-based mineralexploration company focused on the acquisition, exploration anddevelopment of silver properties in Canada, announced today that ithas been approved for trading on the OTCQB Venture Market under theticker symbol “NOCSF”, effective February 18, 2021. In addition,Norseman Silver Inc. has secured DTC and CNS eligibility by TheDepository Trust Company (DTC) for its shares traded on the OTCQB. TheCompany will remain listed on the TSXV under the symbol“NOC.”
Qualifying for certification by the OTCQB, operated byOTC Markets Group, requires strict disclosures and listingrequirements, including current reporting and annual verification andmanagement certification. In addition to providing increasedvisibility and transparency for shareholders, the OTCQB exchangefacilitates international trading in multiple markets for emergingcompanies.
“The up-listing to OTCQB is a significant milestonein exposure for our company,” said Sean Hurd, Chief ExecutiveOfficer and Director of Norseman Silver Inc. “The additionalfinancial liquidity provided by this strategic move will greatlyassist us as we further develop our projects and pursue otheropportunities in the silver sector.”
For further information, pleasecontact:
Sean Hurd
Chief Executive Officer
T: 604 505-4554
This press release does notconstitute an offer to sell or a solicitation of an offer to buy anyof the securities in the United States. The securities have not beenand will not be registered under the United States Securities Act of1933, as amended, or any state securities laws and may not be offeredor sold within the United States or to or for the account or benefitof a U.S. person (as defined in Regulation S under the United StatesSecurities Act) unless registered under the U.S. Securities Act andapplicable state securities laws or an exemption from suchregistration is available.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
CAUTIONARY STATEMENT REGARDINGFORWARD-LOOKING INFORMATION: This News Release includes certain"forward-looking statements" which are not comprised ofhistorical facts. Forward looking statements include estimates andstatements that describe the Company’s future plans, objectives orgoals, including words to the effect that the Company or managementexpects a stated condition or result to occur. Forward-lookingstatements may be identified by such terms as “believes”,“anticipates”, “expects”, “estimates”, “may”,“could”, “would”, “will”, or “plan”. Sinceforward-looking statements are based on assumptions and address futureevents and conditions, by their very nature they involve inherentrisks and uncertainties. Although these statements are based oninformation currently available to the Company, the Company providesno assurance that actual results will meet management’sexpectations. Risks, uncertainties and other factors involved withforward-looking information could cause actual events, results,performance, prospects and opportunities to differ materially fromthose expressed or implied by such forward-looking information.Forward looking information in this news release includes, but is notlimited to, the Company’s objectives, goals or future plans,statements, exploration results, potential mineralization, theestimation of mineral resources, exploration and mine developmentplans, timing of the commencement of operations and estimates ofmarket conditions. Factors that could cause actual results to differmaterially from such forward-looking information include, but are notlimited to failure to identify mineral resources, failure to convertestimated mineral resources to reserves, the inability to complete a feasibility study whichrecommends a production decision, the preliminary nature ofmetallurgical test results, delays in obtaining or failures to obtainrequired governmental, environmental or other project approvals,political risks, inability to fulfill the duty to accommodateindigenous peoples, uncertainties relating to the availability andcosts of financing needed in the future, changes in equity markets,inflation, changes in exchange rates, fluctuations in commodityprices, delays in the development of projects, capital and operatingcosts varying significantly from estimates and the other risksinvolved in the mineral exploration and development industry, aninability to complete the Offering on the terms or on the timeline asannounced or at all, an inability to predict and counteract theeffects of COVID-19 on the business of the Company, including but notlimited to the effects of COVID-19 on the price of commodities,capital market conditions, restriction on labour and internationaltravel and supply chains, and those risks set out in the Company’spublic documents filed on SEDAR. Although the Company believes thatthe assumptions and factors used in preparing the forward-lookinginformation in this news release are reasonable, undue reliance shouldnot be placed on such information, which only applies as of the dateof this news release, and no assurance can be given that such eventswill occur in the disclosed time frames or at all. The Companydisclaims any intention or obligation to update or revise anyforward-looking information, whether as a result of new information,future events or otherwise, other than as required by law.
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