(TheNewswire)
Vancouver, British Columbia – TheNewswire - May 21, 2024. LexstonMining Corporation (the “Company” or “Lexston” ) (CSE:LEXT) (OTCQB: LEXTF) (Frankfurt: W5G) LexstonLife Sciences Corp. (CSE: LEXT) (OTCQB: LEXTF) (the “ Company ” or “Lexston” ) is pleased to announce that aftersuccessfully completing the application process, the Company hasreceived approval from OTC Markets Group Inc. for its common shares tobegin trading on the OTCQB Market (" OTCQB ") on May17, 2024 under the symbol "LEXTF". The Company's commonshares will remain listed on the CSE in Canada under the ticker symbol"LEXT".
OTC Markets Group Inc., located in New York, N.Y.,operates the world's largest electronic inter-dealer quotation systemfor broker dealers to trade over 12,000 securities. The OTCQB is atransparent trading platform that offers a cost-effective method forUnited States investors to access Lexston’s securities. Lexston’squotation and trading on the OTCQB provides investors the opportunityto benefit from streamlined market standards which enhance theavailability of information to the general public, enabling greatertransparency. North American and international investors can findReal-Time level 2 quotes (denominated in US dollars) and marketinformation for Lexston Mining Corporation common shares at https://www.otcmarkets.com/stock/LEXTF/quote along with current company news.
“We are thrilled to welcome Lexston MiningCorporation to our OTCQB Market,” commented Chris King, SVPCorporate Services at OTC Markets Group.
The Company would like to thank Nikolaos Galanopoulosof Galanopoulos & Company, the corporate securities law firm thatadvised Lexston in relation to the OTCQB application process.
About Lexston MiningCorporation
The Company is a Canadian mineral exploration company,focused on the acquisition and development of mineral projects, withthe objective to enhance value to all its stakeholders. The Companyhas mineral exploration projects in British Columbia and Nunavut,Canada.
The Company (OTCQB: LEXTF) trades on the OTCQB VentureMarket for early stage and developing U.S. and internationalcompanies. Companies are current in their reporting and undergo anannual verification and management certification process. Investorscan find Real-Time quotes and market information for the company onwww.otcmarkets.com
On Behalf of the Board ofDirectors
LEXSTON MINING CORPORATION
Jagdip Bal
Chief Executive Officer
Telephone: (604) 928-8913
Email: info@lexston.ca
The Canadian Securities Exchange hasnot reviewed and does not accept responsibility for the adequacy oraccuracy of the content of this news release.
Forward-looking statements
This news release contains"forward-looking information" under applicable Canadiansecurities legislation. Such forward-looking information reflectsmanagement's current beliefs and are based on a number of estimatesand/or assumptions made by and information currently available to theCompany that, while considered reasonable, are subject to known andunknown risks, uncertainties, and other factors that may cause theactual results and future events to differ materially from thoseexpressed or implied by such forward-looking information. Readers arecautioned that such forward-looking information are neither promisesnor guarantees and are subject to known and unknown risks anduncertainties including, but not limited to, general business,economic, competitive, political and social uncertainties, uncertain and volatileequity and capital markets, lack of available capital, actual resultsof exploration activities, environmental risks, future prices of baseand other metals, operating risks, accidents, labour issues,objections by aboriginal people, delays in obtaining governmentalapprovals and permits, obtaining consents of aboriginal people andother risks in the mining industry.
These statements include but are notlimited to obtaining financing, exploration permits, exploration ofproperties for minerals, liquidity of the common shares of the Companyand future financings of the Company. These statements reflectmanagement's current estimates, beliefs, intentions, and expectations.They are not guarantees of future performance. The Company cautionsthat all forward-looking statements are inherently uncertain and thatactual performance may be affected by many material factors, many ofwhich are beyond the Company’s control. Such factors include, amongother things: risks and uncertainties relating to the acquisition ofnew properties, liquidity of the common shares of the Company,financings, the market valuing the Company in a manner not anticipatedby management of the Company. Accordingly, actual and future events,conditions and results may differ materially from the estimates,beliefs, intentions and expectations expressed or implied in theforward-looking information. Except as required under applicablesecurities legislation, the Company does not undertake to publiclyupdate or revise forward-looking information.
The Company is presently anexploration stage company. Exploration is highly speculative innature, involves many risks, requires substantial expenditures, andmay not result in the discovery of mineral deposits that can be minedprofitably. Furthermore, the Company currently has no reserves on itsproperties. As a result, there can be no assurance that suchforward-looking statements will prove to be accurate, and actualresults and future events could differ materially from thoseanticipated in such statements.
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