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Spanish Mountain Gold Lists on the OTCQB Venture Market

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Spanish Mountain Gold (SPAZF) has announced its listing on the OTCQB Venture Market, effective January 27, 2024. This strategic move aims to enhance visibility and accessibility for U.S. investors, providing them with a more seamless trading experience.

The company has outlined several upcoming catalysts for 2025, including the commencement of a drill program in Q1 and plans to deliver an updated mineral resource estimate along with a new Preliminary Economic Assessment by the end of H1 2025. Spanish Mountain Gold is working towards a targeted build decision in 2027.

The OTCQB Venture Market serves as a premier marketplace for early-stage companies, particularly in the mining and natural resources sectors, requiring current reporting and annual verification processes.

Spanish Mountain Gold (SPAZF) ha annunciato la sua quotazione sul OTCQB Venture Market, a partire dal 27 gennaio 2024. Questa mossa strategica mira a migliorare la visibilità e l'accessibilità per gli investitori statunitensi, offrendo loro un'esperienza di trading più semplice.

L'azienda ha delineato diversi catalizzatori in arrivo per il 2025, inclusa l'avvio di un programma di perforazione nel primo trimestre e piani per fornire una stima aggiornata delle risorse minerarie insieme a una nuova Valutazione Economica Preliminare entro la fine del primo semestre del 2025. Spanish Mountain Gold sta lavorando verso una decisione di costruzione prevista per il 2027.

Il OTCQB Venture Market serve come mercato di riferimento per le aziende in fase iniziale, in particolare nei settori minerari e delle risorse naturali, richiedendo processi di reporting corrente e verifica annuale.

Spanish Mountain Gold (SPAZF) ha anunciado su inclusión en el OTCQB Venture Market, a partir del 27 de enero de 2024. Este movimiento estratégico tiene como objetivo mejorar la visibilidad y accesibilidad para los inversores en EE. UU., proporcionándoles una experiencia de trading más fluida.

La compañía ha delineado varios catalizadores futuros para 2025, incluyendo el inicio de un programa de perforación en el primer trimestre y planes para entregar una estimación actualizada de recursos minerales junto con una nueva Evaluación Económica Preliminar para finales del primer semestre de 2025. Spanish Mountain Gold está trabajando hacia una decisión de construcción prevista para 2027.

El OTCQB Venture Market sirve como un mercado de referencia para empresas en etapas tempranas, particularmente en los sectores de minería y recursos naturales, exigiendo procesos de reporte actual y verificación anual.

스페인 마운틴 골드 (SPAZF)는 2024년 1월 27일부터 OTCQB 벤처 마켓에 상장됐다고 발표했습니다. 이 전략적 결정은 미국 투자자들에게 가시성과 접근성을 향상시켜 보다 원활한 거래 경험을 제공하기 위한 것입니다.

회사는 2025년을 위한 여러 가지 향후 촉매제를 계획하고 있으며, 그 중에는 1분기에 시작될 시추 프로그램과 2025년 상반기 말까지 새로운 예비 경제 평가와 함께 갱신된 광물 자원 추정치를 제공할 계획이 포함됩니다. 스페인 마운틴 골드는 2027년 건설 결정을 목표로 하고 있습니다.

OTCQB 벤처 마켓은 초기 단계 기업을 위한 주요 시장으로, 특히 광업 및 천연 자원 부문에서 현재 보고 및 연간 검증 프로세스를 요구합니다.

Spanish Mountain Gold (SPAZF) a annoncé son inscription sur le OTCQB Venture Market, à compter du 27 janvier 2024. Ce mouvement stratégique vise à améliorer la visibilité et l'accessibilité pour les investisseurs américains, leur offrant une expérience de trading plus fluide.

L'entreprise a présenté plusieurs catalyseurs à venir pour 2025, y compris le lancement d'un programme de forage au premier trimestre et des plans pour fournir une estimation mise à jour des ressources minérales ainsi qu'une nouvelle Évaluation Économique Préliminaire d'ici la fin du premier semestre 2025. Spanish Mountain Gold vise à prendre une décision de construction en 2027.

Le marché OTCQB Venture sert de place de marché de premier plan pour les entreprises en phase de démarrage, en particulier dans les secteurs minier et des ressources naturelles, nécessitant des processus de reporting actuels et de vérification annuelle.

Spanish Mountain Gold (SPAZF) hat seine Notierung im OTCQB Venture Market bekannt gegeben, die am 27. Januar 2024 in Kraft tritt. Dieser strategische Schritt zielt darauf ab, die Sichtbarkeit und Zugänglichkeit für US-Investoren zu erhöhen und ihnen ein nahtloseres Handelserlebnis zu bieten.

Das Unternehmen hat mehrere bevorstehende Katalysatoren für 2025 skizziert, darunter den Beginn eines Bohrprogramms im ersten Quartal und Pläne zur Bereitstellung einer aktualisierten Mineralressourcenschätzung zusammen mit einer neuen Vorläufigen Wirtschaftlichkeitsbewertung bis Ende des ersten Halbjahres 2025. Spanish Mountain Gold arbeitet auf eine Entscheidungsfindung für den Bau im Jahr 2027 hin.

Der OTCQB Venture Market dient als herausragender Marktplatz für Unternehmen in der frühen Phase, insbesondere in den Bereichen Bergbau und natürliche Ressourcen, und erfordert laufende Berichterstattung und jährliche Verifizierungsprozesse.

Positive
  • Expanded market access through OTCQB listing, potentially increasing U.S. investor base
  • Planned drill program starting Q1 2025
  • Upcoming mineral resource estimate and PEA in H1 2025
  • Clear timeline for build decision in 2027
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - January 27, 2025) - Spanish Mountain Gold Ltd. (TSXV: SPA) (FSE: S3Y) (OTCQB: SPAZF) (the "Company" or "Spanish Mountain Gold") is pleased to announce that the Company's stock will commence trading on the OTCQB Venture Market ("OTCQB"), effective today, January 27, 2024, under the symbol "SPAZF".

Peter Mah, Spanish Mountain Gold's President & CEO commented, "Listing on the OTCQB expands visibility and accessibility of trading in the Company's stock to a broader audience, providing a more seamless trading experience for our U.S. investors. We have a number of exciting near-term catalysts this year as we continue to advance the Spanish Mountain Gold Project towards a targeted build decision in 2027. We are starting our 2025 drill program this quarter, and are looking forward to delivering an updated mineral resource estimate and a new Preliminary Economic Assessment towards the end of the first half of 2025."

The OTCQB Venture Market is the premier marketplace for early stage and developing U.S. and international companies including those in the mining and natural resources sectors. Companies listed on OTCQB are current in their reporting and undergo an annual verification and management certification process. Investors can find real-time quotes and market information for the Company on www.otcmarkets.com.

About Spanish Mountain Gold Ltd.
Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain Gold Project towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. We are conducting an integrated Whittle Enterprise Optimization to identify the highest potential value-add improvements while increasing the understanding of the high-grade geologic controls and associated drill targets that could upgrade and expand the gold resource. We are striving to be a leader in community and Indigenous relations by leveraging technology and innovation to build the 'greenest' gold mine in Canada. The Relentless Pursuit for Better Gold means seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities. Details on the Company are available on www.sedarplus.ca and on the Company's website: www.spanishmountaingold.com.

On Behalf of the Board,

"Peter Mah"
President, Chief Executive Officer and Director
Spanish Mountain Gold Ltd.

For more information, contact:
Suzette N Ramcharan
(604) 601-3651
info@spanishmountaingold.com

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.

FORWARD-LOOKING INFORMATION:
Certain of the statements and information in this press release constitute "forward-looking information". Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be considered forward-looking information. The Company's forward-looking information is based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release and include but are not limited to information with respect to the advancement of the project towards development including delivery of an updated mineral resource estimate and new preliminary economic assessment, and the timing and results thereof, as well as being in a position to make a build decision in 2027. Other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238436

FAQ

When did Spanish Mountain Gold (SPAZF) start trading on the OTCQB?

Spanish Mountain Gold (SPAZF) commenced trading on the OTCQB Venture Market on January 27, 2024.

What are the major milestones planned for Spanish Mountain Gold (SPAZF) in 2025?

Spanish Mountain Gold plans to start a drill program in Q1 2025 and deliver an updated mineral resource estimate and new Preliminary Economic Assessment by the end of H1 2025.

When is Spanish Mountain Gold (SPAZF) targeting its build decision?

Spanish Mountain Gold is targeting a build decision in 2027.

What stock exchanges does Spanish Mountain Gold trade on?

Spanish Mountain Gold trades on the TSX Venture Exchange (TSXV: SPA), Frankfurt Stock Exchange (FSE: S3Y), and OTCQB Venture Market (OTCQB: SPAZF).

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40.03M
285.62M
32.73%
Gold
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United States of America
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