Northern Freegold Resources Ltd. Joins OTCQX
07 Febbraio 2012 - 1:00PM
Marketwired
Northern Freegold Resources Ltd. (TSX
VENTURE:NFR)(OTCQX:NFRGF)(FRANKFURT:8NG) is pleased to announce
that the OTC Markets Group Inc., (OTCQX:OTCM) the financial
information and technology services company that provides the
world's largest electronic marketplace for broker-dealers to trade
unlisted stocks, has listed our securities for trading on the
highest tier of the OTC market, OTCQX®.
"The OTCQX platform supports a transparent marketplace with high
quality issuers, financial information disclosure and efficient
trading for U.S. investors," said R. Cromwell Coulson, President
and Chief Executive Officer of OTC Markets Group. "We are pleased
to welcome Northern Freegold to OTCQX."
Northern Freegold began trading today on the OTC market's
prestigious tier, OTCQX International. Investors can find current
financial disclosures and Real-Time Level 2 quotes for the Company
on www.otcmarkets.com.
"We are delighted to begin trading in the U.S. on the OTCQX,"
said John Burges, President & CEO of Northern Freegold. "One of
my priorities is to make it as easy as possible for investors to
buy Northern Freegold stock. Our trading on OTCQX should, over
time, help improve our presence in the U.S., which will offer
significant benefits to all shareholders."
Dorsey & Whitney LLP will serve as Northern Freegold's
Principal American Liaison ("PAL") on OTCQX, responsible for
providing guidance on OTCQX requirements and U.S. securities
laws.
About Northern Freegold Resources Ltd.
Northern Freegold Resources Ltd. (TSX
VENTURE:NFR)(OTCQX:NFRGF)(FRANKFURT:8NG) trades in the United
States on OTCQX under the symbol "NFRGF", and in Canada on the TSX
Venture under the symbol "NFR". Northern Freegold is a
well-financed, rapidly advancing Canadian-based precious metals
exploration and development company. Northern Freegold brings
wide-ranging expertise and strong management to focus on the
development of economic mineral resources on the district-scale
Freegold Mountain gold and copper project in the Yukon and the
Burro Creek gold and silver property in Arizona. Management
believes its Freegold Mountain Project is part of a large scale
gold-rich porphyry system, which extends in an east-west direction
for more than 8km. The system shows the same geological
characteristics to other porphyry deposits in the region which host
multi-million ounce gold resources and reserves with multi-billion
pound copper resources.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX:OTCM) operates the world's largest
electronic marketplace for broker-dealers to trade unlisted stocks.
Our OTC Link(TM) platform supports an open network of competing
broker-dealers that provide investors with the best prices in over
10,000 OTC securities. We categorize the wide spectrum of
OTC-traded companies into three tiers - OTCQX (the intelligent
marketplace), OTCQB® (the venture marketplace), and OTC Pink(TM)
(the open marketplace) - so investors can identify the level and
quality of information companies provide. To learn more about how
OTC Markets Group makes the unlisted markets more transparent,
informed, and efficient, visit www.otcmarkets.com.
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On behalf of the Board of Directors
John Burges, President and CEO
Cautionary Note Regarding Forward-Looking Statements
The information in this press release includes certain
"forward-looking statements" All statements, other than statements
of historical fact, included herein including, without limitation,
plans for and intentions with respect to the company's properties,
statements regarding intentions with respect to obligations due for
various projects, strategic alternatives, quantity of resources or
reserves, timing of permitting, construction and production and
other milestones, are forward looking statements. Statements
concerning Mineral Reserves and Mineral Resources are also
forward-looking statements in that they reflect an assessment,
based on certain assumptions, of the mineralization that would be
encountered and mining results if the project were developed and
mined in the manner described. Forward-looking statements involve
various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from NFR's expectations include the
uncertainties involving the need for additional financing to
explore and develop properties and availability of financing in the
debt and capital markets; uncertainties involved in the
interpretation of drilling results and geological tests and the
estimation of reserves and resources; the need for cooperation of
government agencies and First Nation groups in the exploration, and
development of properties; and the need to obtain permits and
governmental approval. NFR's forward looking statements reflect the
beliefs, opinions and projections of management on the date the
statements are made. NFR assumes no obligation to update the
forward looking statements if management's beliefs, opinions,
projections, or other factors should they change.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Media Contact: OTC Markets Group Inc. Grace Keith +1
(212) 896-4428grace@otcmarkets.com www.otcmarkets.com Northern
Freegold Resources Ltd. Julie Hajduk Manager of Investor Relations
+ (604) 893-8757 or Toll Free: 877-893-8757 (604) 893-8758
(FAX)julie@northernfreegold.com www.northernfreegold.com
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