VANCOUVER, BC, Feb. 11, 2021 /CNW/ -- St. James Gold
Corp. (TSX-V: LORD) (OTCQB: LRDJF) (FSE: BVU3), the
"Company" is pleased to announce that it has received approval
to begin trading on the OTCQB Venture Market ("OTCQB") under the
symbol "LRDJF," effective as of the open of trading on February 11, 2021.
The OTCQB offers developing Canadian companies the benefits of
being publicly traded in the U.S. with lower cost and complexity
than a U.S. exchange listing. Streamlined market standards enable
Canadian companies to provide a strong baseline of transparency to
inform and engage U.S. investors. To be eligible, Canadian
companies must be current in their SEDAR reporting and undergo an
annual verification and management certification process.
As commented by George
Drazenovic, CEO of St. James Gold Corp., "With
rising gold prices, increased investor interest in gold equities,
and our recent acquisitions in Newfoundland, we believe this is the ideal
time for St. James Gold Corp. to introduce the Company to a broader
audience of retail and institutional investors in the US
market. Trading on the OTCQB is an important landmark for the
Company, and its timing coincides well as we move our exploration
projects forward following the recent receipt of 2 NI 43-101
reports, and seeking out additional high value gold assets in
North America."
As a verified market with efficient access to U.S. investors,
the OTCQB helps Canadian companies build shareholder value with a
goal of enhancing liquidity and achieving fair valuation.
OTCQB companies provide current company information and meet
financial standards that enable brokers to more easily quote and
trade a security. Companies engage a far greater network of U.S.
investors, data distributors and media partners, ensuring U.S.
investors have access to the same high-quality information that is
available to investors in Canada,
but through U.S. platforms and portals to conduct
research. Real-time quotes and market information for the
Company can be found at https://www.otcmarkets.com.
In addition to the OTCQB listing, there will be no change of
trading symbols under the TSX-Venture Exchange symbol "LORD" nor
the Frankfurt Stock Exchange symbol "BVU3".
About St James Gold Corp.
St. James Gold Corp. is a publicly traded company listed on the
TSX Venture Exchange under the ticker "LORD". The company is
focused on creating shareholder value through the discovery and
development of economic mineral deposits by acquiring prospective
exploration projects with well delineated geological theories,
integrating all available geological, geochemical and geophysical
datasets, and funding efficient exploration programs. The
Company currently holds an option to acquire a 100% interest in 29
claims covering 1,791 acres in the Gander gold district in
north-central Newfoundland
adjacent to New Found Gold Corp.'s Queensway North project, and an
option to acquire a 100% interest in 28 claims covering 1,730 acres
in central Newfoundland adjacent
to Marathon Gold's Valentine Lake
property.
George Drazenovic, CPA, CGA, MBA,
CFA
CEO
Forward Looking Statements
The foregoing includes forward looking statements which by their
nature are subject to risks and uncertainties. In particular there
is no assurance that the Company will be successful in its search
for high value gold assets in North
America. The Company's ability to acquire such assets is
subject to supply and demand in the market for such assets and the
financial ability of the Company to acquire such assets or obtain
financing needed to acquire such assets if identified none of which
is certain or can be guaranteed
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
St. James Gold Corp.
For further information, please contact:
George Drazenovic
Chief Executive Officer
Tel: 1 (800) 278-2152
Email: info@stjamesgold.com
View original
content:http://www.prnewswire.com/news-releases/st-james-gold-corp-tsx-v-lord-lists-on-the-otcqb-market-301226734.html
SOURCE St. James Gold Corp.