VANCOUVER, May 30, 2018 /CNW/ - Bear Creek Mining
Corporation ("Bear Creek" or the "Company") (TSX Venture: BCM)
announces that the Company's common shares have been listed for
trading on the Bolsa de Valores de Lima ("BVL") as of
May 30th, 2018 under the ticker
symbol 'BCM'. Kallpa Securities S.A.B. in Lima, Peru acted as Bear Creek's sponsoring
broker for the BVL listing.
Tony Hawkshaw, President and CEO
of Bear Creek comments, "We are pleased to list our shares on the
BVL as our flagship Corani silver-lead-zinc project enters the
final pre-development stages. Peruvian interest in the Corani
project is high and we are excited to be able to provide a
locally-focused and accessible avenue for South American investors
to participate in Bear Creek's growth and future."
The BVL was founded in 1860. Today it is one of the most
important markets in South America
with 280 listed companies representing a cumulative market
capitalization of approximately US $170
billion. Mining companies represent approximately 50% of the
BVL's total market capitalization. The S&P/BVL Peru General
Index, designed to serve as a broad benchmark for the Peruvian
stock market, tracks 41 securities across a wide range of industry
sectors and boasts a one-year annualized return of 37.6% and a
three-year annualized return of 16.9%.
On behalf of the Board of Directors,
Anthony Hawkshaw
President and CEO
Caution Regarding Forward Looking Information
This
news release contains forward-looking statements regarding the
commencement of trading of the Company's common shares on the BVL;
the opportunity this listing presents to South American investors;
and, the stage of, and upcoming work at, the Corani project. These
forward-looking statements are provided as of the date of this news
release, or the effective date of the documents referred to in this
news release, as applicable, and reflect predictions, expectations
or beliefs regarding future events based on the Company's beliefs
at the time the statements were made, as well as various
assumptions made by and information currently available to them.
Although management considers these assumptions to be reasonable
based on information available to it, they may prove to be
incorrect. By their very nature, forward-looking statements involve
inherent risks and uncertainties, both general and specific, and
risks exist that estimates, forecasts, projections and other
forward-looking statements will not be achieved or that assumptions
on which they are based do not reflect future experience. We
caution readers not to place undue reliance on these
forward-looking statements as a number of important factors could
cause the actual outcomes to differ materially from the
expectations expressed in them. These risk factors may be
generally stated as the risk that the assumptions and estimates
expressed above do not occur, but specifically include, without
limitation, risks relating to: the Company's ability to conduct
work at the Corani project and the nature of the work planned; the
market for and future trading of the Company's common shares on the
BVL; and the additional risks described in the Company's latest
Annual Information Form, and other disclosure documents filed by
the Company on SEDAR. The foregoing list of factors that may affect
future results is not exhaustive. When relying on our
forward-looking statements, investors and others should carefully
consider the foregoing factors and other uncertainties and
potential events. The Company does not undertake to update any
forward-looking statement, whether written or oral, that may be
made from time to time by the Company or on behalf of the Company,
except as required by law.
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.
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SOURCE Bear Creek Mining Corporation