VANCOUVER, BC, Nov. 17, 2021 /CNW/ - QuestEx Gold &
Copper Ltd. (TSXV: QEX) (OTCQX:
CLASF) ("QuestEx" or the
"Company"), is pleased to announce that it has
received approval from OTC Markets Group Inc. for trading on the
OTCQX Best Market under the symbol CLASF, effective November 17, 2021. QuestEx's common shares will
continue to trade on the TSX Venture Exchange under the symbol
QEX.
The OTCQX Best Market, the highest market tier of OTC Markets,
is for established, investor-focused U.S. and international
companies. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance, and
demonstrate compliance with applicable securities laws. Upgrading
to the OTCQX Best Market is anticipated to provide improved
liquidity, an enhanced trading experience for current and potential
U.S. inve3stors and exposes the Company to a broader market.
Joe Mullin, QuestEx's CEO
comments: "U.S. based retail and institutional investors
have always been a valued part of the QuestEx investor base. Our
graduation to the top tier OTCQX market is a key step in advancing
our commitment to our U.S. investors and the U.S. market by
providing investors with easier access to QuestEx securities as
well as the Company having heightened visibility."
Securities Law USA, PLLC acted
as the Company's OTCQX sponsor.
About QuestEx
QuestEx Gold & Copper Ltd. is
exploring for gold and copper with a focus on the Golden Triangle
and Toodoggone areas of British Columbia,
Canada. It has 100% ownership of one of the largest
portfolios of mineral tenures in British
Columbia's metal-rich Golden Triangle. The portfolio
includes the 312 square kilometre KSP property, which is surrounded
by some of the most important past and current mining and
development projects in British
Columbia (e.g. Eskay Creek,
Snip, Brucejack, KSM, Johnny
Mountain); QuestEx intends to release a NI 43-101 mineral
resource estimate for the Inel gold system, located on the KSP
property, in 2022. In the northern corner of the Golden Triangle in
the Red Chris mining district QuestEx's portfolio includes the
Castle property, a porphyry copper-gold project located adjacent to
Newmont's Tatogga property, and along trend of the Saddle North
porphyry copper-gold deposit (>10 million ounces gold, in all
categories). Other properties include North ROK, Coyote, and
Kingpin in the Golden Triangle, Sofia in the Toodoggone district, and Heart
Peaks and Hit in other strategic districts within British Columbia. These assets are being
advanced by a newly assembled technical and management team with
experience in exploration, permitting and discovery.
We seek safe harbor.
About OTC Markets Group Inc.
OTC Markets Group
Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB®
Venture Market and the Pink® Open Market for over 11,000 U.S. and
global securities. Through OTC Link® ATS and OTC Link ECN,
the OTC Markets Group connects a diverse network of broker-dealers
that provide liquidity and execution services. The OTC Markets
Group enable investors to easily trade through the broker of their
choice and empowers companies to improve the quality of information
available for investors. To learn more about how OTC Markets Group
Inc. creates better informed and more efficient markets, visit
www.otcmarkets.com.
We seek safe harbour.
ON BEHALF OF THE BOARD OF DIRECTORS OF QUESTEX GOLD &
COPPER LTD.
"Joseph Mullin"
Joseph Mullin
Chief Executive Officer and Director
Neither TSX-V nor its Regulation Services Provider (as that
term is defined in the policies of TSX-V) accepts responsibility
for the adequacy or accuracy of this release.
NR 21-19
Cautionary Note Regarding Forward-Looking
Statements
All statements, trend analysis and other information
contained in this press release about anticipated future events or
results constitute forward-looking statements. Forward-looking
statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate",
"expect" and "intend" and statements that an event or result "may",
"will", "should", "could" or "might" occur or be achieved and other
similar expressions. All statements, other than statements of
historical fact, included herein, are forward-looking statements.
Although the Company believes that the expectations reflected in
such forward-looking statements and/or information are reasonable,
undue reliance should not be placed on forward-looking statements
since the Company can give no assurance that such expectations will
prove to be correct. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements, including the risks, uncertainties
and other factors identified in the Company's periodic filings with
Canadian securities regulators as well as the risk that the ongoing
COVID-19 pandemic may have on the Company's business. Important
factors could cause actual results to differ materially from
QuestEx expectations. Forward-looking statements are based on
estimates and opinions of management at the date the statements are
made. QuestEx does not undertake any obligation to update
forward-looking statements except as required by applicable
securities laws. Investors should not place undue reliance on
forward-looking statements.
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SOURCE QuestEx Gold & Copper Ltd.