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South Pacific Metals Announces New OTCQB Marketplace Listing Under SPMEF

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South Pacific Metals Corp. (TSX-V:SPMC)(OTCQB:SPMEF)(FSE:6J00) has announced its common shares have begun trading on the OTCQB marketplace under the symbol 'SPMEF'. This move aims to increase investor visibility and accessibility to U.S. capital markets. The company recently released exceptional surface trenching results at its Osena Gold-Copper Project, including an 8.82 g/t gold sample. The OTCQB listing is expected to facilitate easier trading access and broaden the U.S. investor trading base, potentially resulting in greater liquidity. The OTCQB marketplace is known for its high-quality standards, transparency, and improved information and trading experience for investors.

South Pacific Metals Corp. (TSX-V:SPMC)(OTCQB:SPMEF)(FSE:6J00) ha annunciato che le sue azioni ordinarie hanno iniziato a essere negoziate sul mercato OTCQB con il simbolo 'SPMEF'. Questa mossa mira ad aumentare la visibilità per gli investitori e l'accesso ai mercati di capitali statunitensi. Recentemente, la società ha pubblicato risultati eccezionali di scavi superficiali presso il suo progetto Osena Oro-Rame, incluso un campione d'oro di 8,82 g/t. La quotazione sull'OTCQB dovrebbe facilitare un accesso più semplice al trading e ampliare la base di investitori negli Stati Uniti, con il potenziale di generare maggiore liquidità. Il mercato OTCQB è conosciuto per i suoi elevati standard di qualità, trasparenza e un'esperienza di informazioni e trading migliorata per gli investitori.

South Pacific Metals Corp. (TSX-V:SPMC)(OTCQB:SPMEF)(FSE:6J00) ha anunciado que sus acciones comunes han comenzado a cotizar en el mercado OTCQB bajo el símbolo 'SPMEF'. Este movimiento tiene como objetivo aumentar la visibilidad para los inversores y el acceso a los mercados de capitales de EE. UU.. Recientemente, la empresa lanzó resultados excepcionales de trincheras en la superficie en su proyecto Osena Oro-Cobre, incluyendo una muestra de oro de 8,82 g/t. Se espera que la cotización en el OTCQB facilite un acceso más sencillo al trading y amplíe la base de inversores en EE. UU., lo que podría resultar en mayor liquidez. El mercado OTCQB es conocido por sus altos estándares de calidad, transparencia y una experiencia de información y trading mejorada para los inversores.

South Pacific Metals Corp. (TSX-V:SPMC)(OTCQB:SPMEF)(FSE:6J00)은 자사의 보통주가 'OTCQB 마켓플레이스'에서 'SPMEF' 기호로 거래를 시작했다고 발표했습니다. 이번 결정은 투자자 가시성 증가미국 자본 시장 접근성 개선을 목표로 하고 있습니다. 회사는 최근 오세나 금-구리 프로젝트에서 특출난 표면 굴착 결과를 발표했고, 그중 8.82 g/t 금 샘플이 포함되어 있습니다. OTCQB 상장으로 더 쉬운 거래 접근이 가능해지고, 미국 투자자 거래 기반 확대가 기대되며, 이는 유동성 증가로 이어질 수 있습니다. OTCQB 마켓플레이스는 높은 품질 기준, 투명성 및 개선된 정보와 거래 경험으로 잘 알려져 있습니다.

South Pacific Metals Corp. (TSX-V:SPMC)(OTCQB:SPMEF)(FSE:6J00) a annoncé que ses actions ordinaires ont commencé à être négociées sur le marché OTCQB sous le symbole 'SPMEF'. Ce mouvement vise à accroître la visibilité des investisseurs et à améliorer l'accès aux marchés de capitaux américains. Récemment, l'entreprise a publié des résultats exceptionnels de tranchées de surface pour son projet Osena Or-Cuivre, y compris un échantillon d'or de 8,82 g/t. L'inscription sur l'OTCQB devrait faciliter un accès plus simple au trading et élargir la base d'investisseurs américains, ce qui pourrait entraîner une plus grande liquidité. Le marché OTCQB est réputé pour ses normes de qualité élevées, sa transparence et une meilleure expérience d'information et de trading pour les investisseurs.

South Pacific Metals Corp. (TSX-V:SPMC)(OTCQB:SPMEF)(FSE:6J00) hat angekündigt, dass ihre Stammaktien unter dem Symbol 'SPMEF' an der OTCQB-Börse gehandelt werden. Dieser Schritt soll die Sichtbarkeit für Investoren erhöhen und den Zugang zu den US-Kapitalmärkten verbessern. Das Unternehmen hat kürzlich außergewöhnliche Oberflächen-Fräsergebnisse bei seinem Osena Gold-Kupfer-Projekt veröffentlicht, darunter eine Goldprobe von 8,82 g/t. Die OTCQB-Notierung wird voraussichtlich einen einfacheren Handelszugang erleichtern und die Handelsbasis für US-Investoren erweitern, was potenziell zu höherer Liquidität führen könnte. Der OTCQB-Markt ist bekannt für seine hohen Qualitätsstandards, Transparenz sowie für ein verbessertes Informations- und Handelserlebnis für Investoren.

Positive
  • Listing on OTCQB marketplace under symbol SPMEF
  • Increased accessibility to U.S. capital markets
  • Recent exceptional surface trenching results (8.82 g/t gold sample)
  • Potential for greater liquidity through broader U.S. investor base
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / September 10, 2024 / South Pacific Metals Corp. (TSX-V:SPMC)(OTCQB:SPMEF)(FSE:6J00) ("SPMC" or the "Company") is pleased to announce its common shares have commenced trading on the OTCQB marketplace under the symbol "SPMEF."

"South Pacific is making significant headway with exploration efforts across PNG's Kainantu District, and it's the right time to increase our investor visibility and accessibility to U.S. capital markets," said Michael Murphy, Executive Chairman. "Having recently released exceptional surface trenching results at our Osena Gold-Copper Project, including an 8.82 g/t gold sample, we continue to press forward with project exploration. Our SPMEF listing will help to facilitate easier trading access and broaden our U.S. investor trading base, resulting in greater liquidity. We're very pleased to initiate the OTCQB listing process."

The OTCQB is the premiere marketplace for developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. The OTCQB quality standards provide a strong baseline of transparency as well as the technology and regulation to improve the information and trading experience for investors.

Investors can find real-time quotes and market information for the Company directly by visiting the Company's website at www.southpacificmetals.ca or by visiting www.otcmarkets.com.

About South Pacific Metals Corp.

South Pacific Metals Corp ("SPMC") is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's proven gold and copper production corridors. With an expansive 3,000 km² land package and four transformative gold-copper projects contiguous with major producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.

Immediately flanking K92's active drilling and gold producing operations to the northeast and southwest, SPMC's Anga and Osena Projects are located within the high-grade Kainantu Gold District - each having the potential to host similar-style lode-gold and porphyry copper-gold mineralization as that present within K92's tenements. Kili Teke is an advanced exploration project situated only 40 km from the world-class Porgera Gold Mine and hosts an existing Inferred Mineral Resource with multiple opportunities for expansion and further discovery. The May River Project is located adjacent to the world-renowned Frieda River copper-gold project, with historical drilling indicating potential for a significant, untapped-gold mineralized system. SPMC common shares are listed on the TSX Venture Exchange (TSX-V:SPMC), the OTCQB Marketplace (OTCQB:SPMEF) and the Frankfurt Stock Exchange (FSE:6J00).

For further information, please contact:

Michael Murphy, Executive Chairman and CEO
South Pacific Metals Corp.
Tel: +1 604-428-6128
Email: info@southpacificmetals.ca

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

Disclaimer and Forward-Looking Information

Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of SPMC. In making the forward-looking statements, SPMC has applied certain assumptions that are based on information available to the Company, including SPMC's strategic plan for the near and mid-term. There is no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements may involve various risks and uncertainty affecting the business of the Company. These forward-looking statements can generally be identified as such because of the context of the statements, including such words as "believes", "anticipates", "expects", "plans", "may", "estimates", or words of a similar nature. Forward-looking statements or information in this news release relate to, among other things: formulation of plans for drill testing; and the success related to any future exploration or development programs. These forward-looking statements and information reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic, regulatory or other unforeseen uncertainties and contingencies. These assumptions include, without limitation: success of the Company's projects, prices for metals remaining as estimated, currency exchange rates remaining as estimated, availability of funds for the Company's projects, capital, decommissioning and reclamation estimates, prices for energy inputs, labour, materials, supplies and services (including transportation), no labour-related disruptions, no unplanned delays or interruptions in scheduled construction and production, all necessary permits, licenses and regulatory approvals are received in a timely manner, and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive. The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Accordingly, readers should not place undue reliance on forward-looking information. Such factors include, without limitation: fluctuations in gold prices, fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation), fluctuations in currency markets (such as the Canadian dollar versus the U.S. dollar), operational risks and hazards inherent with the business of mineral exploration, inadequate insurance, or inability to obtain insurance, to cover these risks and hazards, the Company's ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner, changes in laws, regulations and government practices, including environmental, export and import laws and regulations, legal restrictions relating to mineral exploration, increased competition in the mining industry for equipment and qualified personnel, the availability of additional capital, title matters and the additional risks identified in the Company's filings with Canadian securities regulators on SEDAR+ (available at www.sedarplus.ca). Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Investors are cautioned against undue reliance on forward-looking statements or information. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

SOURCE: South Pacific Metals Corp.



View the original press release on accesswire.com

FAQ

What is South Pacific Metals Corp's new OTCQB ticker symbol?

South Pacific Metals Corp's new OTCQB ticker symbol is SPMEF.

What recent exploration results did South Pacific Metals Corp (SPMEF) announce?

South Pacific Metals Corp recently announced exceptional surface trenching results at their Osena Gold-Copper Project, including a sample with 8.82 g/t gold.

How is the OTCQB listing expected to benefit South Pacific Metals Corp (SPMEF)?

The OTCQB listing is expected to increase investor visibility, provide easier trading access, broaden the U.S. investor trading base, and potentially result in greater liquidity for South Pacific Metals Corp.

Where is South Pacific Metals Corp (SPMEF) conducting its exploration efforts?

South Pacific Metals Corp is conducting exploration efforts across PNG's Kainantu District.

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