Kootenay Announces the Commencement of OTCQX Trading

Rhea-AI Summary

Kootenay Silver Inc. (TSXV: KTN) has announced its upgrade from the Pink Market to the OTCQX Best Market, with trading commencing March 12, 2025, under the symbol 'KOOYF'. The OTCQX represents the highest tier of OTC Markets Group, which hosts over 12,000 securities.

The company's Columba high-grade silver project in Chihuahua State, Mexico, has shown promising drill results, including intersections of 34.45 meters at 540 gpt silver, with a high-grade section of 2.45 meters at 5,840 gpt. This market upgrade is expected to enhance the company's visibility and accessibility to U.S. investors, complementing its existing TSX Venture Exchange listing.

Positive

• Upgrade from Pink Market to OTCQX Best Market increases visibility to U.S. investors
• High-grade drill results at Columba project: 34.45m @ 540 gpt Ag including 2.45m @ 5,840 gpt Ag
• Dual listing on TSXV and OTCQX provides improved trading accessibility

Negative

• None.

VANCOUVER, BC, March 12, 2025 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce that its common shares will begin trading on the OTCQX Best Market under the ticker symbol "KOOYF", effective at the opening of trading on Wednesday, March 12, 2025. The OTCQX® Best Market is the highest market of OTC Markets Group, which operates markets on which over 12,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

James McDonald, President & CEO of Kootenay commented: "We are delighted to announce Kootenay's graduation from the Pink Market to the OTCQX Market. This will allow greater access and visibility for the Company as we advance our Columba high-grade silver discovery located in the Chihuahua State, Mexico. Where drill highlights include hits like 34.45 meters of 540 gpt (17.36 opt) which included 2.45 meters of 5,840 gpt (176.18 opt). We continue to expand our presence within the U.S. investment community during an exciting time for the Company; trading our shares on the OTCQX Market will facilitate further expansion and growth for Kootenay."

Kootenay's listing on the TSX Venture Exchange and trading its shares on the OTCQX contribute to a growing awareness of the Company and affords investors a lower-barrier access to trading.

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.

Qualified Persons 

The Kootenay technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf of Kootenay by Mr. Dale Brittliffe, BSc. P. Geol., Vice President, Exploration of Kootenay Silver, is the Company's nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, has reviewed the scientific and technical information disclosed in this news release. Mr. Brittliffe is not independent of Kootenay Silver.

About Kootenay Silver Inc. 

Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively. 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

The information in this news release has been prepared as at March 11, 2025. Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms. 

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay's expectations or any change in events, conditions or circumstances on which any such statement is based. 

Cautionary Note to US Investors: This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ significantly from the requirements adopted by the U.S. Securities and Exchange Commission (the "SEC"). The SEC sets rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards. 

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SOURCE Kootenay Silver Inc.

FAQ

When will Kootenay Silver (KOOYF) begin trading on the OTCQX Best Market?

Kootenay Silver will begin trading on the OTCQX Best Market on March 12, 2025, under the symbol KOOYF.

What are the recent drill results from Kootenay Silver's Columba project?

The Columba project reported drill intersections of 34.45 meters grading 540 gpt silver, including 2.45 meters at 5,840 gpt silver.

Where is Kootenay Silver's Columba silver project located?

The Columba high-grade silver project is located in Chihuahua State, Mexico.

What exchanges does Kootenay Silver (KOOYF) trade on?

Kootenay Silver trades on the TSX Venture Exchange (KTN) and the OTCQX Best Market (KOOYF).