VANCOUVER, BC, Dec. 17, 2020 /CNW/ - ORO X MINING
CORP. (TSX-V: OROX) (OTC Pink: WRPSF) (the
"Company") is pleased to announce the Company's common
shares have begun trading on the OTC Pink Open Market in
the United States under the symbol
"WRPSF". The Company's common shares will continue to trade on the
TSX Venture Exchange ("TSXV") under the symbol "OROX" as well as
the Frankfurt Stock Exchange under the symbol "WPZB".
The Company is pleased to report that its shares are also now
eligible for electronic clearing and settlement in the United
States through the Depository Trust Company ("DTC"). DTC is a
subsidiary of the Depository Trust & Clearing Corporation and
manages the electronic clearing and settlement of publicly traded
companies. Securities that are eligible to be electronically
cleared and settled through the DTC are considered "DTC eligible."
This reduces costs and accelerates the settlement process for
investors and brokers, allowing the stock to be traded by a larger
group of brokerage firms by complying with their standards.
The Company anticipates that trading on the OTC Pink Open Market
will provide additional liquidity and increase its visibility
within the U.S. capital markets.
About Oro X Mining
Oro X Mining is a Canadian exploration company currently
targeting high grade gold exploration in Peru. The Company's flagship asset is the
Coriorcco Gold Project in Ayacucho, Peru. Founders and management have a
successful track record of increasing shareholder value. For more
information visit our website at www.oroxmining.com.
ON BEHALF OF THE BOARD
Luis Zapata
CEO & Director
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.
Cautionary Statement Regarding "Forward-Looking"
Information
Some of the statements contained in this news release are
forward-looking statements and information within the meaning of
applicable securities laws. Forward-looking statements and
information can be identified by the use of words such as
"expects", "intends", "is expected", "potential", "suggests" or
variations of such words or phrases, or statements that certain
actions, events or results "may", "could", "should", "would",
"might" or "will" be taken, occur or be achieved. Forward-looking
statements and information are not historical facts and are subject
to a number of risks and uncertainties beyond the Company's
control. Actual results and developments are likely to differ, and
may differ materially, from those expressed or implied by the
forward-looking statements contained in this news release.
Accordingly, readers should not place undue reliance on
forward-looking statements. the Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements,
except as may be required by law.
SOURCE Oro X Mining Corp.