(TheNewswire)
VANCOUVER, BRITISH COLUMBIA, CANADA– TheNewswire - MAY 20, 2021 –Consolidated Woodjam Copper Corp. (“ Consolidated Woodjam ” or the “ Company ”) ( TSXV:WCC )( OTC:CWMCF ) is pleased to announce that, effective today, May 20, 2021,the Company’s common shares have been approved to commence tradingon the OTCQB® Venture market (“ OTCQB ”) under thesymbol “ CWMCF ”. The Company’s Shares will continue to trade on the TSXVenture Exchange under the symbol “ WCC ”.
“Obtaining a listing for our common shares in theUnited States is an important and timely milestone for the Company,”said Bill Morton, President and CEO of Consolidated Woodjam. “Listing on the OTCQB affords us greatervisibility within the investment community, which should enhance ourliquidity and increase our access to institutional and retailinvestors.
The Company also reports that it is in the process ofcompleting its application for DTC eligibility through the DepositoryTrust Company “( DTC ”) for electronic settlement and transferof its common shares in the United States. DTC is a subsidiary of theDepository Trust & Clearing Corporation, a U.S. company thatmanages the electronic clearing and settlement of publicly tradedcompanies.
The OTCQB is a leading market for early stage anddeveloping U.S. and international companies operated by the OTCMarkets Group Inc. To be eligible for quotation on the OTCQB,companies must be current in their reporting and undergo an annualverification and management certification process. Companies must alsomeet a minimum bid price test and other financial conditions.Recognized by the U.S. Securities and Exchange Commission as anestablished public market, the OTCQB market will provide investors whocannot access trading on the TSX Venture Exchange with an alternativeaccess to Consolidated Woodjam’s shares though regulated U.S.broker-dealers.
Investors can find Real-Time quotes and marketinformation on Consolidated Woodjam Copper Corp. at: https://www.otcmarkets.com/stock/CWMCF/quote .
J.W. (Bill) Morton P.Geo, within the context of the requirements ofNI-43-101, is the qualified person who takes responsibility for thisnews release.
David Douglas, CA, CFO
Consolidated Woodjam CopperCorp.
About Woodjam Copper
Woodjam Copper owns a 100% interest in the64,000-hectare Woodjam Copper Gold porphyry project located in southcentral British Columbia approximately 50km east of the community ofWilliams Lake in a low elevation flat to undulating landscape. Wellaccessed by logging roads and in close proximity to hydropower.
For more information on Woodjam please visit theCompany’s website at : http://www.woodjamcopper.com
About OTC Markets Group Inc.
OTC Markets Group Inc. (“ OTC Markets ”)operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and globalsecurities. Through OTC Link® ATS and OTC Link ECN, OTC Marketsconnects a diverse network of broker-dealers that provide liquidityand execution services, enabling investors to easily trade through thebroker of their choice and empower companies to improve the quality ofinformation available for investors.
The OTCQB Venture Market is the premiere marketplacefor early stage and developing U.S. and international companies thatare committed to providing a high-quality trading and informationexperience for their U.S. investors. The OTCQB quality standardsprovide a strong baseline of transparency as well as the technologyand regulation to improve the information and trading experience forinvestors.
To learn more about how OTC Markets creates betterinformed and more efficient markets, visit www.otcmarkets.com . OTC Link ATSand OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC,member FINRA/SIPC.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release
Forward-Looking Information
This news release contains “forward-lookinginformation” within the meaning of applicable Canadian securitieslegislation. Generally, forward-looking information can be identifiedby the use of forward-looking terminology such as “anticipate”,“believe”, “plan”, “expect”, “intend”, “estimate”,“forecast”, “project”, “budget”, “schedule”,“may”, “will”, “could”, “might”, “should” orvariations of such words or similar words or expressions.Forward-looking information is based on reasonable assumptions thathave been made by Consolidated Woodjam Copper Corp. as at the date ofsuch information and is subject to known and unknown risks,uncertainties and other factors that may cause the actual results,level of activity, performance or achievements of Consolidated WoodjamCopper Corp. to be materially different from those expressed orimplied by such forward-looking information. There can be no assurancethat such information will prove to be accurate, as actual results andfuture events could differ materially from those anticipated in suchinformation. Accordingly, readers should not place undue reliance onforward-looking information Consolidated Woodjam Copper Corp. does notundertake to update any forward-looking information that is includedherein, except in accordance with applicable securities laws.
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