Emgold Receives Approval To Trade on the OTCQB Market

Rhea-AI Summary

Emgold Mining Corporation has achieved a significant milestone by being approved for quotation on the OTCQB, effective July 30, 2021. This enhancement in trading platform will improve visibility and accessibility to U.S. investors, aiming to increase liquidity. Emgold will continue trading under the stock symbol EGMCF and remains listed on the TSX Venture Exchange as EMR. The OTCQB marketplace ensures compliance with stringent standards, enhancing transparency and the trading experience for investors. Emgold focuses on gold and base metal exploration in Nevada and Quebec.

Positive

• Approval for trading on OTCQB may enhance visibility to U.S. investors.
• Expected increase in liquidity due to more accessible trading platform.
• Emgold maintains its listing on the TSX Venture Exchange, ensuring dual-market access.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / July 30, 2021 / Emgold Mining Corporation (TSXV:EMR)(OTCQB:EGMCF)(FRA:EMLM)(BSE:EMLM) ('Emgold' or the 'Company is pleased to announce that after successfully completing the application process, the Company was approved for quotation on the OTCQB^®, operated by the OTC Markets Groups. The Company's common shares will begin trading on the OTCQB today, July 30, 2021, at the opening of the market, under its current U.S. stock symbol 'EGMCF' and will remain listed on the TSX Venture Exchange under the ticker symbol 'EMR'.

David Watkinson, President and CEO, commented, 'Up-listing to the OTCQB will enhance our visibility and make the Company accessible to a much broader range of U.S. investors. Trading on the OTCQB is expected to increase liquidity by providing current and potential investors with a transparent and easily accessible trading platform where they can find Real-Time quotes and market information.'

Shareholders of existing Emgold shares, previously traded on the OTC^® Pink Open Market, will now trade on the OTCQB without any further action required.

The OTCQB Venture is the premier marketplace for companies that are committed to providing a high-quality trading and information experience for their US investors. Qualifying for approval to trade on the OTCQB requires a Company to be current on disclosure obligations, to pass a minimum bid price test, and to provide an annual company verification and management certification process. The OTCQB quality standards creates a solid baseline of transparency, as well as the technology to improve the information and trading experience for investors.

About Emgold

Emgold is a gold and base metal exploration company focused on Nevada and Quebec. The Company's strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them through sale, joint ventures, option, royalty, and other transactions to create value for our shareholders (acquisition and divestiture (A&D) business model).

In Nevada, Emgold's Golden Arrow Property, the core asset of the Company, is an advanced stage gold and silver property with a well-defined measured and indicated resource. New York Canyon is a base metal property subject to an Earn-in with Option to Joint Venture Agreement with Kennecott Exploration, a subsidiary of Rio Tinto Plc (RIO). The Mindora Property is a gold, silver, and base metal property located 12 miles from New York Canyon. Buckskin Rawhide East is a gold and silver property leased to Rawhide Mining LLC, operators of the adjacent Rawhide Mine.

In Quebec, the Casa South Property, is an early-stage gold property adjacent to Hecla Mining Corporation's (HL) operating Casa Berardi Mine. The East-West Property is a gold property adjacent to and on strike with Wesdome Gold Mine Ltd.'s (WDO) Kiena Complex and O3 Mining Corporation's (OIII) Malarctic Property (Marban Project). Emgold also has a 1% NSR in the Troilus North Property, part of the Troilus Mine Property being explored by Troilus Gold Corporation (TLG).

Note that the location of Emgold's properties adjacent to producing or past producing mines does not guarantee exploration success at Emgold's properties or that mineral resources or reserves will be delineated. For more information on the Company, investors should review the Company's website at www.emgold.com or view the Company's filings available at www.sedar.com.

On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO

For further information, please contact:

David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emgold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note on Forward-Looking Statements

Certain statements made and information contained herein may constitute 'forward looking information' and 'forward looking statements' within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as 'anticipates', 'believes', 'targets', 'estimates', 'plans', 'expects', 'may', 'will', 'could' or 'would'. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, 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 and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. The Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including any technical reports filed with respect to the Company's mineral properties.

SOURCE: Emgold Mining Corporation

View source version on accesswire.com:
https://www.accesswire.com/657734/Emgold-Receives-Approval-To-Trade-on-the-OTCQB-Market

FAQ

What does Emgold Mining Corporation's move to OTCQB mean for investors?

Emgold's listing on OTCQB enhances visibility and liquidity for U.S. investors, improving access to market information.

When did Emgold Mining Corporation start trading on OTCQB?

Emgold began trading on the OTCQB on July 30, 2021.

What is the stock symbol for Emgold Mining Corporation on OTCQB?

The stock symbol for Emgold on OTCQB is EGMCF.

How does the OTCQB listing affect Emgold's share trading?

The OTCQB listing is expected to increase trading visibility and liquidity for Emgold shares.

What criteria did Emgold meet to qualify for OTCQB?

Emgold had to be current on disclosure obligations, pass a minimum bid price test, and complete an annual verification process.