Andean Precious Metals Receives Conditional Approval for Graduation to the Toronto Stock Exchange
Andean Precious Metals (TSXV: APM) (OTCQX: ANPMF) has received conditional approval to graduate from the TSX Venture Exchange to the Toronto Stock Exchange (TSX). This uplisting represents a significant milestone for the company, aimed at enhancing visibility and broadening its investor base through improved access and liquidity.
The company will maintain its trading symbol APM and transition to APM.TO on the TSX once final conditions are met. Shareholders won't need to take any action regarding their share certificates as there will be no changes to the trading symbol or CUSIP for the common shares.
Andean Precious Metals (TSXV: APM) (OTCQX: ANPMF) ha ricevuto l'approvazione condizionata per passare dal TSX Venture Exchange al Toronto Stock Exchange (TSX). Questa promozione rappresenta un traguardo significativo per l'azienda, con l'obiettivo di aumentare la visibilità e ampliare la propria base di investitori attraverso un miglior accesso e liquidità.
L'azienda manterrà il suo simbolo di negoziazione APM e passerà a APM.TO sul TSX una volta soddisfatte le condizioni finali. Gli azionisti non dovranno compiere alcuna azione riguardo ai loro certificati azionari, poiché non ci saranno cambiamenti nel simbolo di negoziazione o nel CUSIP per le azioni ordinarie.
Andean Precious Metals (TSXV: APM) (OTCQX: ANPMF) ha recibido la aprobación condicional para pasar del TSX Venture Exchange a la Bolsa de Valores de Toronto (TSX). Esta actualización representa un hito significativo para la empresa, con el objetivo de aumentar la visibilidad y ampliar su base de inversores a través de un mejor acceso y liquidez.
La empresa mantendrá su símbolo de negociación APM y pasará a APM.TO en el TSX una vez se cumplan las condiciones finales. Los accionistas no necesitarán realizar ninguna acción respecto a sus certificados de acciones, ya que no habrá cambios en el símbolo de negociación ni en el CUSIP para las acciones ordinarias.
안데안 프레셔스 메탈스 (TSXV: APM) (OTCQX: ANPMF)는 TSX 벤처 거래소에서 토론토 증권 거래소 (TSX)로의 승격을 조건부로 승인받았습니다. 이번 상장은 회사에 있어 중요한 이정표로, 더 나은 접근성과 유동성을 통해 가시성을 높이고 투자자 기반을 확장하려는 목표를 가지고 있습니다.
회사는 거래 기호 APM을 유지할 것이며, 최종 조건이 충족되면 TSX에서 APM.TO로 전환됩니다. 주주들은 주식 증서에 대해 어떤 조치도 취할 필요가 없으며, 일반 주식의 거래 기호나 CUSIP에 대한 변경이 없습니다.
Andean Precious Metals (TSXV: APM) (OTCQX: ANPMF) a obtenu une approbation conditionnelle pour passer de la Bourse de croissance TSX au Toronto Stock Exchange (TSX). Cette montée représente une étape significative pour l'entreprise, visant à améliorer la visibilité et à élargir sa base d'investisseurs grâce à un meilleur accès et une meilleure liquidité.
L'entreprise conservera son symbole de négociation APM et passera à APM.TO sur le TSX une fois les conditions finales remplies. Les actionnaires n'auront besoin d'aucune action concernant leurs certificats d'actions, car il n'y aura aucun changement dans le symbole de négociation ou le CUSIP pour les actions ordinaires.
Andean Precious Metals (TSXV: APM) (OTCQX: ANPMF) hat eine bedingte Genehmigung erhalten, vom TSX Venture Exchange zum Toronto Stock Exchange (TSX) zu wechseln. Diese Auflistung stellt einen bedeutenden Meilenstein für das Unternehmen dar, das darauf abzielt, die Sichtbarkeit zu erhöhen und seine Anlegerbasis durch verbesserten Zugang und Liquidität zu erweitern.
Das Unternehmen wird sein Handelssymbol APM beibehalten und nach Erfüllung der endgültigen Bedingungen zu APM.TO an der TSX wechseln. Aktionäre müssen keine Maßnahmen bezüglich ihrer Aktienzertifikate ergreifen, da es keine Änderungen des Handelssymbols oder des CUSIP für die Stammaktien geben wird.
- Received conditional approval for uplisting to Toronto Stock Exchange
- Expected to improve trading liquidity
- Potential for broader institutional investor access
- None.
Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - Andean Precious Metals Corp. (TSXV: APM) (OTCQX: ANPMF) ("Andean" or the "Company") is pleased to announce that it has received conditional approval for its common shares to be listed on the Toronto Stock Exchange ("TSX") and graduate from the TSX Venture Exchange (the "TSXV").
The uplisting to the TSX marks a significant milestone for Andean, reflecting the Company's growth and commitment to delivering value to shareholders. The move will enhance the Company's visibility and broaden its investor base by providing greater access to investors and improving overall liquidity, among other benefits.
Alberto Morales, Executive Chairman and CEO, commented: "Graduating to the TSX is a pivotal moment in our journey and highlights the progress we've made in advancing our business strategy. This uplisting will not only elevate our profile within the investment community but also position us to attract new institutional investors and improve liquidity for our shareholders. Our team remains committed to executing on our growth initiatives and delivering long-term value. I'd like to thank our employees, investors, and partners for their support in helping us achieve this important milestone."
Final approval of the listing is subject to the Company meeting certain customary conditions required by the TSX. Andean will issue a press release once the TSX confirms the date when trading of the common shares is expected to commence on the TSX under the ticker symbol (APM.TO). Upon completion of the final listing requirements, Andean's common shares will be delisted from the TSXV.
Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares.
About Andean Precious Metals
Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolomé processing facility in Potosí, Bolivia and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean's leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.
For more information, please contact:
Amanda Mallough
Director, Investor Relations
amallough@andeanpm.com
T: +1 647 463 7808
Neither the TSX Venture Exchange, Inc. 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.
Caution Regarding Forward-Looking Statements
Certain statements and information in this release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which we refer to collectively as "forward-looking statements". Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking statements in this release include, but are not limited to, statements and information regarding the listing of the Company's common shares on the TSX. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: the Company's ability to carry on exploration and development activities; the Company's ability to secure and to meet obligations under property and option agreements and other material agreements; the timely receipt of required approvals and permits; that there is no material adverse change affecting the Company or its properties; that contracted parties provide goods or services in a timely manner; that no unusual geological or technical problems occur; that plant and equipment function as anticipated and that there is no material adverse change in the price of silver, costs associated with production or recovery. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking statements. The Company believes the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct, and you are cautioned not to place undue reliance on forward-looking statements contained herein.
Some of the risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements contained in this release include, but are not limited to: risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations; results of initial feasibility, pre-feasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks relating to possible variations in reserves, resources, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages and strikes) or other unanticipated difficulties with or interruptions in exploration and development; the potential for delays in exploration or development activities or the completion of feasibility studies; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; risks related to commodity price and foreign exchange rate fluctuations; the uncertainty of profitability based upon the cyclical nature of the industry in which the Company operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental or local community approvals or in the completion of development or construction activities; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment; and other factors contained in the section entitled "Risk Factors" in the Company's MD&A for the three and nine months ended September 30, 2024.
Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking statements, you are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements included in this release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232559
FAQ
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