SITKF - Sitka Gold Begins Trading on the OTCQB Venture Market
(TheNewswire)
V ancouver, Canada - TheNewswire - January 15,2021 - Sitka Gold Corp. (“Sitka” or the “Company”) (CSE:SIG) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is is pleased to announce that theCompany’s common shares have begun trading on the OTCQB VentureMarket (“ OTCQB ”) effective today under the ticker symbol SITKF . B. Riley Securities acted as the Company's OTCQB sponsor. B.Riley Securities, Inc. is a full-serviceinvestment bank and subsidiary of B. Riley Financial, Inc., basedin LosAngeles with officesacross the UnitedStates , providing corporate finance,research, sales and trading services.
“As a gold, silver and copper focused explorationcompany with a portfolio of projects located across North America, andmore specifically, in Nevada, Arizona, Yukon and Nunavut, it was alogical step for Sitka to list on the OTCQB,” said Cor Coe, CEO andDirector of Sitka. “Our listing on the OTCQB will help to increaseSitka’s visibility and accessibility to a growing audience of U.S.investors as the Company advances its multiple gold, silver and copperprojects. On that note, the Company just received drill permits forits newly staked claim block at the Alpha Gold property in Nevada andanticipates mobilizing a drill rig to test a newly identifiedCarlin-style gold deposit target there in the next fewweeks.”
About the OTCQB
The OTCQB offers developing Canadian companies thebenefits of being publicly traded in the U.S. with lower cost andcomplexity than a U.S. exchange listing. Streamlined market standardsenable Canadian companies to provide a strong baseline of transparencyto inform and engage U.S. investors. To be eligible, Canadiancompanies must be current in their SEDAR reporting and undergo anannual verification and management certification process.
As a verified market with efficient access to U.S.investors, the OTCQB helps Canadian companies build shareholder valuewith a goal of enhancing liquidity and achieving fair valuation. As aresult, more Canadian companies are traded on OTC Markets than on NewYork Stock Exchange, New York Stock Exchange Market Nasdaq combined.The key benefits of trading on the OTC Markets includes efficientmarket standards, transparency and visibility. Companies may leveragetheir SEDAR disclosure (SEC Exchange Act Rule 12g3-2(b)). There are noSarbanes-Oxley and SEC Reporting requirements to trade on OTCQB,bypassing burdensome, costly and duplicative NYSE and Nasdaq listingrequirements.
OTCQB is recognized by the SEC as an established publicmarket. OTCQB companies provide current company information and meetfinancial standards that enable brokers to more easily quote and tradea security. Companies engage a far greater network of U.S. investors,data distributors and media partners, ensuring U.S. investors haveaccess to the same high-quality information that is available toinvestors in Canada, but through U.S. platforms and portals to conductresearch.
About Sitka Gold Corp.
Sitka Gold Corp. is a mineral exploration companyheadquartered in Canada and managed by a team of experienced miningindustry professionals. The Company is focused on exploring foreconomically viable mineral deposits with its primary emphasis ongold, silver and copper mineral properties of merit. Sitka currentlyhas an option to acquire a 100% interest in the RC, Barney Ridge,Clear Creek and OGI properties in Yukon and the Burro Creek Goldproperty in Arizona. Sitka owns a 100% interest in its Alpha Goldproperty in Nevada, it’s Mahtin Gold property in the Yukon andit’s Coppermine River project in Nunavut. Directors and Managementown approximately 15% of the outstanding shares of Sitka Gold Corp., asolid indication of their alignment with shareholders’interests.
ON BEHALF OF THE BOARDOF DIRECTORS OF
For more information contact:
President & Director
778-212-1950
dpenner@sitkagoldcorp.com
or
CEO & Director
604-817-4753
ccoe@sitkagoldcorp.com
Cautionary and Forward-LookingStatements
This news release containsforward ? looking statements and forward ? looking information within the meaning of applicable securitieslaws. These statements relate to future events or future performance.All statements other than statements of historical fact may beforward ? looking statements or information.Forward ? looking statements and information areoften, but not always, identified by the use of words such as“appear”, “seek”, “anticipate”, “plan”,“continue”, “estimate”, “approximate”, “expect”,“may”, “will”, “project”, “predict”, “potential”,“targeting”, “intend”, “could”, “might”, “should”,“believe”, “would” and similar expressions.
Forward-looking statements andinformation are provided for the purpose of providing informationabout the current expectations and plans of management of the Companyrelating to the future. Readers are cautioned that reliance on suchstatements and information may not be appropriate for other purposes,such as making investment decisions. Since forward ? looking statements and information address future events andconditions, by their very nature they involve inherent risks anduncertainties. Actual results could differ materially from thosecurrently anticipated due to a number of factors and risks. Theseinclude, but are not limited to, the expected timing and terms of theprivate placement, use of proceeds, anticipated work program, requiredapprovals in connection with the work program and the ability toobtain such approvals. Accordingly, readers should not place unduereliance on the forward ? looking statements,timelines and information contained in this news release. Readers arecautioned that the foregoing list of factors is not exhaustive.
The forward ? looking statements and information contained in this news releaseare made as of the date of this news release and no undertaking isgiven to update publicly or revise any forward ? looking statements or information, whether as a result of newinformation, future events or otherwise, unless so required byapplicable securities laws or the CSE. The forward-looking statementsor information contained in this news release are expressly qualifiedby this cautionary statement.
Neither the CSE nor its RegulationServices Provider (as that term is defined in the policies of the CSE)accepts responsibility for the adequacy or accuracy of this release.No stock exchange, securities commission or other regulatory authorityhas approved or disapproved the information contained herein.
Copyright (c) 2021 TheNewswire - All rights reserved.