Fuerte Metals to Begin Trading on The OTCQB Exchange
Fuerte Metals has received approval to trade on the OTCQB Venture Market in the United States under the symbol FUEMF, while maintaining its listing on the TSX Venture Exchange as FMT. The company is currently advancing two main projects: the Cristina precious metals project in Chihuahua, Mexico, where drilling is ongoing, and the Placeton copper porphyry project in Chile, where geophysical survey work has resumed to better define copper-gold porphyry targets. The OTCQB listing requires companies to meet specific financial reporting and price requirements, offering enhanced transparency and improved liquidity for U.S. investors.
Fuerte Metals ha ricevuto l'approvazione per essere quotata nel mercato OTCQB Venture negli Stati Uniti con il simbolo FUEMF, mantenendo al contempo la sua quotazione sulla TSX Venture Exchange come FMT. L'azienda sta attualmente portando avanti due progetti principali: il progetto di metalli preziosi Cristina in Chihuahua, Messico, dove sono in corso perforazioni, e il progetto di porfido di rame Placeton in Cile, dove sono ripresi i lavori di indagine geofisica per definire meglio gli obiettivi di porfido rame-oro. La quotazione OTCQB richiede alle aziende di soddisfare specifici requisiti di reporting finanziario e di prezzo, offrendo una maggiore trasparenza e una miglior liquidità per gli investitori statunitensi.
Fuerte Metals ha recibido la aprobación para operar en el mercado OTCQB Venture en Estados Unidos bajo el símbolo FUEMF, mientras mantiene su cotización en la TSX Venture Exchange como FMT. La empresa está avanzando en dos proyectos principales: el proyecto de metales preciosos Cristina en Chihuahua, México, donde se están realizando perforaciones, y el proyecto de pórfido de cobre Placeton en Chile, donde se han reanudado los trabajos de encuesta geofísica para definir mejor los objetivos de pórfido de cobre-oro. La cotización en OTCQB requiere que las empresas cumplan con requisitos específicos de informes financieros y de precios, ofreciendo una mayor transparencia y mejor liquidez para los inversores estadounidenses.
Fuerte Metals는 미국 OTCQB 벤처 시장에서 FUEMF 심볼로 거래할 수 있는 승인을 받았으며, TSX 벤처 거래소에서는 FMT로 상장 상태를 유지하고 있습니다. 현재 이 회사는 두 가지 주요 프로젝트를 진행 중입니다: 멕시코 치와와의 크리스티나 귀금속 프로젝트에서 드릴링이 진행되고 있으며, 칠레의 플라세톤 구리 포르피리 프로젝트에서는 구리-금 포르피리 목표를 더 잘 정의하기 위해 지구물리 조사 작업이 재개되었습니다. OTCQB 상장은 기업이 특정 재무 보고 및 가격 요구 사항을 충족할 것을 요구하며, 이는 미국 투자자에게 더 나은 투명성과 유동성을 제공합니다.
Fuerte Metals a reçu l'approbation pour négocier sur le marché OTCQB Venture aux États-Unis sous le symbole FUEMF, tout en maintenant son inscription sur la TSX Venture Exchange sous le nom de FMT. L'entreprise avance actuellement sur deux projets principaux : le projet de métaux précieux Cristina à Chihuahua, au Mexique, où le forage est en cours, et le projet de porphyre de cuivre Placeton au Chili, où les travaux d'exploration géophysique ont repris pour mieux définir les cibles de porphyre cuivre-or. L'inscription sur l'OTCQB exige des entreprises qu'elles respectent des exigences spécifiques en matière de rapport financier et de prix, offrant ainsi une meilleure transparence et une liquidité accrue pour les investisseurs américains.
Fuerte Metals hat die Genehmigung erhalten, unter dem Symbol FUEMF am OTCQB Venture Markt in den Vereinigten Staaten zu handeln, während es weiterhin an der TSX Venture Exchange als FMT gelistet bleibt. Das Unternehmen arbeitet derzeit an zwei Hauptprojekten: dem Cristina Edelmetallprojekt in Chihuahua, Mexiko, wo Bohrungen stattfinden, und dem Placeton Kupfer-Porphyrprojekt in Chile, wo geophysikalische Erhebungen wieder aufgenommen wurden, um die Kupfer-Gold-Porphyrziele besser zu definieren. Die OTCQB-Liste erfordert von Unternehmen, spezifische Anforderungen an die Finanzberichterstattung und die Preisgestaltung zu erfüllen, was eine verbesserte Transparenz und Liquidität für US-Investoren bietet.
- Expansion into U.S. markets through OTCQB listing, potentially increasing investor base
- Active development of two mineral projects with ongoing drilling and surveys
- Enhanced market visibility and potential liquidity through OTCQB platform
- None.
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2024) - Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) ("Fuerte" or the "Company") is pleased to report that the Company's common shares have been approved to trade on the OTC Market's Group Inc.'s OTCQB Venture Market (the "OTCQB") in the United States, under the ticker symbol FUEMF, effective as of the open of trading today. Fuerte's shares will continue to trade on its primary exchange, the TSX Venture Exchange under the symbol FMT.
Tim Warman, Fuerte's CEO, commented: "We're pleased to begin trading on the OTCQB market, allowing us to expand our U.S. shareholder base as we advance our Cristina precious metals project in Chihuahua Mexico, and our Placeton copper porphyry project in Chile. Drilling at Cristina is underway, and geophysical survey work has recently resumed at Placeton with the goal of better defining the scale and extents of the two main copper-gold porphyry targets."
The OTCQB is recognized as an "established public market" by the U.S. Securities and Exchange Commission and is a leading market for U.S. and international companies in the entrepreneurial and development stage. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and detailed certification process. The OTCQB quality standards are expected to provide increased transparency and more detail on market depth including greater disclosure of market makers as well as improved liquidity. As a verified market with efficient access to U.S. investors, OTCQB helps companies build shareholder value with the goal of enhancing liquidity and achieving a fair valuation.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company at https://www.otcmarkets.com/stock/FUEMF/overview.
About Fuerte Metals Corporation
Fuerte Metals is a well-funded resource company adding value through the acquisition, exploration, and development of copper and precious metals projects in the Americas. The company is carrying out a 21,000 m drilling campaign at its Cristina precious metals project in Chihuahua Mexico, with the goal of significantly expanding the existing mineral resource estimate with a focus on underground mining. In Chile, the Placeton/Caballo Muerto project hosts several untested porphyry copper targets situated between the large-scale Relincho and El Morro/La Fortuna copper-gold deposits of the Nueva Union joint venture between Teck and Newmont Mining.
Additional Information
For more information, please contact:
Tim Warman
Chief Executive Officer and Director
Fuerte Metals Corporation
Email: info@fuertemetals.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
In this news release, forward-looking statements relate to, among other things, the anticipated timing of drilling and management's objectives, strategies, beliefs and intentions. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither the 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227729
FAQ
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