NV Gold Announces Upgrade to OTCQB U.S. Listing

Rhea-AI Summary

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) has begun trading on the OTCQB Venture Market, enhancing its visibility and liquidity for U.S. investors. This upgrade from the OTC Pink Open Market allows NV Gold to attract a broader investor audience without requiring action from existing shareholders. The OTCQB is known for its quality standards, which will improve trading experiences. The company focuses on mineral discoveries in North America with multiple projects, including the high-grade Exodus Gold Project in British Columbia.

Positive

• Commencement of trading on OTCQB enhances visibility and liquidity.
• No action required from existing shareholders for transition.
• OTCQB marketplace standards improve trading experience.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / October 26, 2020 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) ("NV Gold" or the "Company") is pleased to announce that its common shares commenced trading today on the OTCQB® Venture Market ("OTCQB"), under the symbol "NVGLF". Real-time quotes and market information on the Company are available at http://www.otcmarkets.com/stock/NVGLF/quote. Clark Wilson LLP acted as the Company's sponsor.

"Listing on the OTCQB Venture is part of a growing strategy to introduce the Company to a broader investor audience and increase NV Gold's overall trading opportunities. Trading on the OTCQB will help enhance liquidity by providing our large U.S.-based shareholders and attract future investors with a more transparent and efficient trading platform," commented Peter A. Ball, President & CEO.

Shareholders of existing U.S. listed NV Gold shares, previously traded on the OTC Pink Open Market, will now trade on the OTCQB without any further action required by shareholders.

The OTCQB Venture is the premier marketplace for entrepreneurial and development stage U.S. and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process. The OTCQB Venture quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

NV Gold's common shares continue to trade on the TSX Venture Exchange under the symbol "NVX".

About NV Gold Corporation

NV Gold (TSXV: NVX, OTCQB: NVGLF) is a well-financed junior exploration company based in Vancouver, British Columbia that is focused on delivering value through mineral discoveries in North America, leveraging its highly experienced in-house technical knowledge, and identifying and drilling 2-3 priority projects per year. NV Gold controls multiple drill-ready projects in Nevada, and has entered into an Option Agreement on the high-grade Exodus Gold Project in British Columbia, Canada.

On behalf of the Board of Directors,

Peter A. Ball
President & CEO

For further information, visit the Company's website at www.nvgoldcorp.com or contact:

Peter A. Ball, President & CEO
Phone: 1-888-363-9883
Email: peter@nvgoldcorp.com

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

Forward Looking Statements

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company's planned exploration activities, including executing a drill program at the Sandy, Slumber and Exodus Gold Projects in the Fall of 2020, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include regulatory issues, market prices, availability of capital and financing, general economic, market or business conditions, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.

SOURCE: NV Gold Corporation

View source version on accesswire.com:
https://www.accesswire.com/612183/NV-Gold-Announces-Upgrade-to-OTCQB-US-Listing

FAQ

What does NVGLF stand for?

NVGLF is the stock symbol for NV Gold Corporation on the OTCQB Venture Market.

Why did NV Gold Corporation upgrade to OTCQB?

The upgrade is to introduce the company to a broader investor audience and improve trading liquidity.

When did NV Gold Corporation start trading on OTCQB?

NV Gold Corporation commenced trading on the OTCQB on October 26, 2020.

What is the significance of trading on the OTCQB for NV Gold?

Trading on the OTCQB provides a more efficient and transparent trading platform for U.S. investors.

Does NV Gold Corporation still trade on the TSX Venture Exchange?

Yes, NV Gold's common shares continue to trade on the TSX Venture Exchange under the symbol NVX.