Fortitude Gold Announces New Ticker Symbol “FTCO”
Fortitude Gold announced a change in its OTC stock symbol from FRTT to FTCO, approved by FINRA. This change is automatic with no action required from shareholders. The company is focused on gold production and exploration in Nevada, with a strategy of organic growth, remaining debt-free, and providing dividends. The Isabella Pearl gold mine is currently in production among its five high-grade properties in the Walker Lane Mineral Belt. Forward-looking statements highlight potential risks, including the impact of COVID-19 on operations.
- Change to a more recognizable stock symbol FTCO may enhance visibility.
- Company strategies include organic growth, remaining debt-free, and planning for future dividends.
- Active gold production from the Isabella Pearl mine.
- Forward-looking statements include uncertainties regarding production rates and potential impacts from COVID-19.
COLORADO SPRINGS, CO / ACCESSWIRE / March 22, 2021 / Fortitude Gold (OTCQB:FTCO) (the "Company") today announced that the Financial Industry Regulatory Authority ("FINRA") has approved a change in the Company's stock symbol on the OTC Markets. The Company's previous symbol FRTT is being replaced with FTCO. The new FTCO symbol change will take place automatically and no action is required by shareholders. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A.
About Fortitude Gold Corp.:
Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins and strong returns on capital. The Company strategy is to grow organically, remain debt-free and distribute substantial future dividends. The Company's Nevada Mining Unit consists of five high-grade gold properties located in the Walker Lane Mineral Belt, with the Isabella Pearl gold mine in current production. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.
Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Fortitude Gold
Corporation's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Fortitude Gold Corporation on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements.
Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, the scope, duration, and impact of the COVID-19 pandemic on mining operations, Company employees, and supply chains as well as the scope, duration
and impact of government action aimed at mitigating the pandemic may cause future actual results to differ materially from those expressed or implied by such forward-looking statements. Also, there can be no assurance that production will continue at any specific rate.
Contact:
Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com
SOURCE: Fortitude Gold Corporation
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