Signal Gold Transitions To The OTCQB Market
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) has announced its transition from the OTCQX to the OTCQB Venture Market in the United States, effective July 25, 2024. This move is due to the company no longer meeting the minimum bid requirements for the OTCQX platform. Signal Gold will continue trading under the symbol 'SGNLF' on the OTCQB and maintain its listing on the Toronto Stock Exchange under 'SGNL'.
The company is advancing the Goldboro Gold Project in Nova Scotia, which has received environmental assessment approval. The project's Feasibility Study indicates an 11-year open pit mine life with average gold production of 100,000 ounces per annum and an average diluted grade of 2.26 grams per tonne gold. Signal Gold has submitted key permits and consolidated 28,525 hectares of exploration land in the Goldboro Gold District.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha annunciato il suo passaggio dal OTCQX al OTCQB Venture Market negli Stati Uniti, con effetto dal 25 luglio 2024. Questa mossa è dovuta al fatto che la società non soddisfa più i requisiti minimi di offerta per la piattaforma OTCQX. Signal Gold continuerà a essere scambiata con il simbolo 'SGNLF' sull'OTCQB e manterrà la sua quotazione sulla Borsa di Toronto sotto il simbolo 'SGNL'.
La società sta portando avanti il Goldboro Gold Project in Nuova Scozia, che ha ottenuto l'approvazione della valutazione ambientale. Lo Studio di Fattibilità del progetto indica una vita utile della miniera a cielo aperto di 11 anni con una produzione media di oro di 100.000 once all'anno e un grado diluito medio di 2,26 grammi per tonnellata di oro. Signal Gold ha presentato permessi chiave e ha consolidato 28.525 ettari di terreno per esplorazioni nel Goldboro Gold District.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha anunciado su transición del OTCQX al OTCQB Venture Market en Estados Unidos, con efecto a partir del 25 de julio de 2024. Este movimiento se debe a que la empresa ya no cumple con los requisitos de oferta mínima para la plataforma OTCQX. Signal Gold continuará negociando bajo el símbolo 'SGNLF' en el OTCQB y mantendrá su cotización en la Bolsa de Toronto bajo el símbolo 'SGNL'.
La empresa está avanzando en el Goldboro Gold Project en Nueva Escocia, que ha recibido aprobación de evaluación ambiental. El Estudio de Viabilidad del proyecto indica una vida útil de 11 años de minería a cielo abierto con una producción promedio de oro de 100,000 onzas anuales y un grado promedio diluido de 2.26 gramos por tonelada de oro. Signal Gold ha presentado permisos clave y ha consolidado 28,525 hectáreas de terreno de exploración en el Goldboro Gold District.
시그널골드 주식회사(주식코드: SGNL)(OTCQB: SGNLF)는 미국에서 OTCQX에서 OTCQB 벤처 마켓으로의 전환을 2024년 7월 25일부터 시행한다고 발표했습니다. 이 결정은 회사가 더 이상 OTCQX 플랫폼의 최소 입찰 요건을 충족하지 않기 때문입니다. 시그널골드는 OTCQB에서 'SGNLF' 기호로 계속 거래되며, 토론토 증권 거래소에서 'SGNL' 기호로 상장 상태를 유지할 것입니다.
회사는 환경 평가 승인을 받은 노바스코시아의 골드보로 골드 프로젝트를 진행하고 있습니다. 프로젝트의 타당성 조사에 따르면 11년간의 노천 광산 운영 수명과 연평균 100,000온스의 금 생산량, 평균 희석 등급은 1톤당 2.26그램의 금으로 나타났습니다. 시그널골드는 주요 허가를 제출하고 골드보로 금 지구에서 28,525헥타르의 탐사 토지를 통합했습니다.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) a annoncé sa transition de l'OTCQX au OTCQB Venture Market aux États-Unis, effective à partir du 25 juillet 2024. Ce mouvement est dû au fait que l'entreprise ne respecte plus les exigences minimales de prix de l'OTCQX. Signal Gold continuera d’être négociée sous le symbole 'SGNLF' sur l'OTCQB tout en maintenant sa cotation à la Bourse de Toronto sous le symbole 'SGNL'.
L'entreprise fait avancer le Goldboro Gold Project en Nouvelle-Écosse, qui a reçu l'approbation de l'évaluation environnementale. L'étude de faisabilité du projet indique une durée de vie de 11 ans pour la mine à ciel ouvert avec une production moyenne de 100 000 onces d'or par an et une teneur diluée moyenne de 2,26 grammes par tonne d'or. Signal Gold a soumis des permis clés et consolidé 28 525 hectares de terrain d'exploration dans le Goldboro Gold District.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) hat seinen Übergang vom OTCQX zum OTCQB Venture Market in den Vereinigten Staaten bekannt gegeben, der am 25. Juli 2024 wirksam wird. Dieser Schritt erfolgt, weil das Unternehmen die Mindestgebotsanforderungen für die OTCQX-Plattform nicht mehr erfüllt. Signal Gold wird weiterhin unter dem Symbol 'SGNLF' am OTCQB gehandelt und behält seine Listung an der Toronto Stock Exchange unter 'SGNL' bei.
Das Unternehmen entwickelt das Goldboro Gold Project in Nova Scotia, das die Genehmigung der Umweltprüfung erhalten hat. Die Machbarkeitsstudie des Projekts zeigt eine Lebensdauer der offen abgebauten Mine von 11 Jahren mit einer durchschnittlichen Goldproduktion von 100.000 Unzen pro Jahr und einem durchschnittlichen verdünnten Gehalt von 2,26 Gramm pro Tonne Gold. Signal Gold hat wichtige Genehmigungen eingereicht und 28.525 Hektar Explorationsland im Goldboro Gold District konsolidiert.
- Goldboro Gold Project has a positive Feasibility Study with 11-year open pit life
- Average gold production of 100,000 ounces per annum expected
- Environmental assessment approval received for Goldboro Project
- Key permits submitted for the Goldboro Project
- Significant potential for Mineral Resource expansion in the Goldboro Gold District
- Transition from OTCQX to OTCQB due to not meeting minimum bid requirements
- Potential decrease in visibility and liquidity on the new trading platform
TORONTO, ON / ACCESSWIRE / July 25, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX:SGNL)(OTCQB:SGNLF) today announces that it will transition to the OTC Market's Group Inc.'s OTCQB Venture Market (the "OTCQB") in the United States and will cease trading on the OTCQX effective at the close of market on Thursday, July 25, 2024. The Company opted to the transition to the OTCQB as it no longer met the minimum bid requirements required on the OTCQX platform. The Company's common shares will on the OTCQB under the same symbol "SGNLF" and will continue to trade on the Toronto Stock Exchange under the symbol "SGNL".
The OTCQB is operated by the OTC Markets Group and is recognized as an "established public market" by the U.S. Securities and Exchange Commission. OTC Markets Group operates financial markets for 12,000 US and global securities, which enhances accessibility to the US capital market for development-stage international companies.
ABOUT SIGNAL GOLD
Signal Gold is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study which demonstrates an approximately 11-year open pit life of mine with average gold production of 100,000 ounces per annum and an average diluted grade of 2.26 grams per tonne gold. (Please see the ‘NI 43-101 Technical Report and Feasibility Study for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia' on January 11, 2022, for further details). On August 3, 2022, the Goldboro Project received its environmental assessment approval from the Nova Scotia Minister of Environment and Climate Change, a significant regulatory milestone, and the Company has now submitted all key permits including the Industrial Approval, Fisheries Act Authorization and Schedule 2 Amendment, and the Mining and Crown Land Leases. The Goldboro Project has significant potential for further Mineral Resource expansion, particularly towards the west along strike and at depth, and the Company has consolidated 28,525 hectares (~285 km2) of prospective exploration land in the Goldboro Gold District.
This news release has been reviewed and approved by Kevin Bullock, P. Eng., President and CEO with Signal Gold Inc., a "Qualified Person", under National Instrument 43-101 Standard for Disclosure for Mineral Projects.
FOR ADDITIONAL INFORMATION CONTACT:
Signal Gold Inc. | Reseau ProMarket Inc. |
SOURCE: Signal Gold Inc.
View the original press release on accesswire.com
FAQ
Why is Signal Gold (SGNLF) moving from OTCQX to OTCQB on July 25, 2024?
What are the key details of Signal Gold's (SGNLF) Goldboro Gold Project?
Has Signal Gold (SGNLF) received regulatory approvals for the Goldboro Project?
What is the exploration potential of Signal Gold's (SGNLF) Goldboro Gold District?
