Idaho Champion Gold Commences Trading on OTCQB

Rhea-AI Summary

Idaho Champion Gold Mines Canada Inc. (OTCQB: GLDRF) announced its graduation from the OTC Pink Sheets to the OTCQB Venture Marketplace effective September 10, 2020. This transition will enhance access and trading for US investors, according to President and CEO Jonathan Buick. The company is currently engaged in drilling at its gold projects, the Baner and Champagne, amidst a rising precious metals market. Idaho Champion aims to solidify its presence in the US market while focusing on environmentally responsible practices in local communities.

Positive

• Graduation to OTCQB allows better access and visibility for US investors.
• Active drilling operations at Baner and Champagne projects indicate progress.
• Favorable market conditions for precious metals can enhance project valuation.

Negative

• Dependence on drilling outcomes for future performance.
• Potential risks associated with market fluctuations in precious metals.

TORONTO, ON / ACCESSWIRE / September 10, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) ("Champion" or the "Company"), announces that, effective September 10, 2020, it will graduate from the OTC Pink Sheets ("OTCPK") and commence trading on the OTCQB Venture Marketplace ("OTCQB") under the symbol "GLDRF".

"Graduating to the OTCQB is an important step for the Company. By using this US marketplace, we are able to offer our current and future US investors easier access, trading, and disclosure," stated President and CEO Jonathan Buick. "This listing is a natural step for the Company as our gold projects are Idaho based. With drilling underway at both gold projects; Baner and Champagne, and a rising precious metals market. I believe that Idaho Champion Gold will be a compelling story for American investors."

The OTCQB is a US trading platform that is operated by the OTC Markets Group in New York. Champion's OTCQB information can be found on the OTC Markets website: https://www.otcmarkets.com/stock/GLDRF/overview

About Idaho Champion Gold Mines Inc.

Idaho Champion is a discovery-focused gold exploration company that is committed to advancing its 100% owned highly prospective mineral properties located in Idaho, United States. The Company's shares trade on the CSE under the trading symbol "ITKO". Idaho Champion is vested in Idaho with the Baner Project in Idaho County, the Champagne Project located in Butte County near Arco, and four cobalt properties in Lemhi County in the Idaho Cobalt Belt. Idaho Champion strives to be a responsible environmental steward, stakeholder and a contributing citizen to the local communities where it operates. Idaho Champion takes its social license seriously, employing local community members and service providers at its operations whenever possible.

ON BEHALF OF THE BOARD

"Jonathan Buick"

Jonathan Buick, President and CEO

For further information, please visit the Company's SEDAR profile at www.sedar.com or the Company's corporate website at www.idahochamp.com.

For further information please contact:

Nicholas Konkin, Marketing and Communications

Phone: (416) 477 7771 ext. 205

Email: nkonkin@idahochamp.com

THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL.

Cautionary Statements

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: Idaho Champion Gold Mines Canada Inc.

View source version on accesswire.com:
https://www.accesswire.com/605551/Idaho-Champion-Gold-Commences-Trading-on-OTCQB

FAQ

What is the significance of Idaho Champion Gold Mines graduating to OTCQB?

Graduating to OTCQB provides easier access and trading opportunities for US investors, improving visibility and investment potential.

What are the current projects of Idaho Champion Gold Mines?

The company is currently drilling at its Baner and Champagne gold projects in Idaho.

When did Idaho Champion Gold Mines start trading on OTCQB?

Idaho Champion Gold Mines commenced trading on the OTCQB on September 10, 2020.

What is the stock symbol for Idaho Champion Gold Mines on the OTCQB?

The stock symbol for Idaho Champion Gold Mines on the OTCQB is GLDRF.