K92 Mining to Commence Trading on OTCQX
02 Maio 2018 - 9:45AM
VANCOUVER, British Columbia, May 01, 2018 (GLOBE
NEWSWIRE) -- K92 Mining Inc. (“K92” or “the Company”) (TSXV: KNT)
(OTCQX:KNTNF) is pleased to announce that, at the opening of
trading on May 1, 2018, it will begins trading on OTCQX under the
symbol “KNTNF.” K92 has qualified to trade on the OTCQX® Best
Market in the United States. OTCQX is reserved for companies
that meet high financial standards, follow best practice corporate
governance, demonstrate compliance with U.S. securities laws, and
have a professional third-party sponsor introduction. The
Company has upgraded to OTCQX from the OTCQB® Venture
Market.
K92 will continue to trade on the TSX Venture
Exchange under the symbol “KNT”.
OTCQX provides K92 with exposure to both
institutional and retail investors through major online and
full-service brokerage firms. OTCQX is recognized by the
Securities and Exchange Commission as an “established public
market”.
U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for K92 at:
http://www.otcmarkets.com/stock/KNTNF/quote
“We look forward to providing our expanding U.S.
and global shareholder base with greater exposure and accessibility
by enabling trading on OTCQX," said John Lewins, CEO.
About K92 Mining
K92 Mining achieved Commercial Production from
the Kainantu Gold Mine located in the Eastern Highlands of Papua
New Guinea in January 2018. Production is focused on the high grade
Kora Deposit. The Company has an extensive underground drilling and
exploration program aimed at significantly expanding the known Kora
resource, while also evaluating the expansion of the capacity of
the Kainantu Mine to double the current production levels.
Regionally, K92 has exploration leases covering over 400 square
kilometres surrounding the mine and is actively exploring for
extensions of known deposits and high-grade vein systems in the
immediate vicinity of the Mining Lease. In addition, the Company
has an extensive exploration program aimed at systematically
evaluating the numerous identified porphyry copper gold targets in
its leases as well as identifying new ones.
ON BEHALF OF K92 MINING INC.
John Lewins
Chief Executive Officer and 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: This news release may include certain “forward-looking
statements” under applicable Canadian securities legislation.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements. All statements that address future
plans, activities, events or developments that the Company
believes, expects or anticipates will or may occur are
forward-looking information, including statements regarding the
realization of the preliminary economic analysis for the Project,
expectations of future cash flows, the proposed plant expansion,
potential expansion of resources and the generation of further
drilling results which may or may not occur. Forward-looking
statements and information contained herein are based on certain
factors and assumptions regarding, among other things, the market
price of the Company’s securities, metal prices, exchange rates,
taxation, the estimation, timing and amount of future exploration
and development, capital and operating costs, the availability of
financing, the receipt of regulatory approvals, environmental
risks, title disputes, failure of plant, equipment or processes to
operate as anticipated, accidents, labour disputes, claims and
limitations on insurance coverage and other risks of the mining
industry, changes in national and local government regulation of
mining operations, and regulations and other matters.. There can be
no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
K92 Mining Inc.
Suite 488 – 1090 West Georgia Street
Vancouver, British Columbia
Canada V6E 3V7
Telephone: (604) 687-7130
Facsimile: (604) 608-9110
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