(TheNewswire)
Toronto, Ontario – TheNewswire - February 4 , 2022 - NewOrigin GoldCorp. (TSXV:NEWO) (OTC:TROIF) (“NewOrigin” or the “Company ”) announces it has engaged T2W market Liquidity Inc.(“T2W”) effective February 1, 2022, to provide market liquidityservices for its common shares listed on the TSX Venture Exchange. Theterm of the engagement is for a minimum of three months and isrenewable thereafter on a month-to-month basis. T2W is a DundasOntario based private company which is in the business of providingmarket liquidity services to listed issuers since 2009. Formerly,Harold Hoff, the principal of T2W, had more than 10 years experienceas a pro trader and designated market maker for a major bank ownedinvestment dealer.
In consideration of market stabilization and liquidityservices to be provided, the Company will pay T2W a monthly flat feeof $3,500 (plus applicable taxes) for a minimum of six months. T2W’sremuneration is in no way contingent upon the market price or tradingvolume of the common shares of NewOrigin on the TSXV.
T2W is entirely independent of the Company and will atall times be trading as principal for its own account and using itsown capital. T2W will use their knowledge and discretion in providingthese services and no assurance has been made as to any particulareffect or result regarding the market for the Company’s commonshares. T2W has covenanted to operate in accordance with best tradingpractices at all times.
About NewOrigin GoldCorp.
NewOrigin Gold Corp. (formerly Tri Origin ExplorationLtd.) is a Canadian gold exploration company focused on drilldiscovery on its North Abitibi and Sky Lake gold projects in theCanadian Shield. NewOrigin’s management and board have extensiveexperience in the delineation and development of gold deposits.Company shareholders include O3 Mining Inc. and Osisko Mining Inc.NewOrigin Gold trades on the TSX Venture Exchange under the ticker“NEWO”.
For Further Information Contact:
David Farquharson, President
Email: dfarquharson@neworigingold.com or visit www.neworigingold.com
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.
CautionaryStatement regarding Forward Looking Statements:
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. This News Release includes certain“forward-looking statements” which are not comprised of historicalfacts. Forward-looking statements include estimates and statementsthat describe the Company’s future plans, objectives or goals,including words to the effect that the Company or management expects astated condition or result to occur. Forward-looking statements may beidentified by such terms as “believes”, “anticipates”,“expects”, “estimates”, “may”, “could”, “would”,“will”, or “plan”. Since forward-looking statements are basedon assumptions and address future events and conditions, by their verynature they involve inherent risks and uncertainties. Although thesestatements are based on information currently available to theCompany, the Company provides no assurance that actual results willmeet management’s expectations. Risks, uncertainties and otherfactors involved with forward-looking information could cause actualevents, results, performance, prospects and opportunities to differmaterially from those expressed or implied by such forward-lookinginformation. Forward looking information in this news releaseincludes, but is not limited to, the intention to complete theforegoing, 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, the Company’s ability to obtain all approvals requiredin connection with the foregoing, the Company’s ability to predictor counteract potential impact of COVID-19 coronavirus on factorsrelevant to the Company’s business failure to identify mineralresources, failure to convert estimated mineral resources to reserves,the inability to complete a feasibility study which recommends aproduction decision, the preliminary nature of metallurgical testresults, delays in obtaining or failures to obtain required governmental, environmentalor other project approvals, political risks, inability to fulfill theduty to accommodate First Nations and other indigenous peoples,uncertainties relating to the availability and costs of financingneeded in the future, changes in equity markets, inflation, changes inexchange rates, fluctuations in commodity prices, delays in thedevelopment of projects, capital and operating costs varyingsignificantly from estimates and the other risks involved in themineral exploration and development industry, and those risks set outin the Company’s public documents filed on SEDAR. Although theCompany believes that the assumptions and factors used in preparingthe forward-looking information in this news release are reasonable,undue reliance should not be placed on such information, which onlyapplies as of the date of this news release, and no assurance can begiven that such events will occur in the disclosed time frames or atall. The Company disclaims any intention or obligation to update orrevise any forward-looking information, whether as a result of newinformation, future events or otherwise, other than as required bylaw.
Copyright (c) 2022 TheNewswire - All rights reserved.