StraightUp Resources Inc. Upgrades to OTCQB Listing
StraightUp Resources Inc. has commenced trading on the OTCQB Venture Market under the symbol STUPF, while continuing its listing on the CSE under ST. The company aims to enhance visibility and liquidity for U.S. investors through this upgrade. President and CEO Mark Brezer stated that this new listing will improve access to a wider audience, which is expected to benefit shareholders by increasing trading liquidity and attracting more retail and institutional investors. StraightUp focuses on mineral exploration and property acquisitions in Canada.
- Commencement of trading on the OTCQB enhances visibility for U.S. investors.
- Expected increase in trading liquidity and access to retail and institutional investors.
- None.
VANCOUVER, British Columbia, Nov. 09, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- StraightUp Resources Inc. (CSE: ST; OTCQB: STUPF) ("StraightUp" or the “Company”) is pleased to announce that its common shares have commenced trading on the OTCQB Venture Market in the USA under the symbol “STUPF.” The Company’s common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol “ST.” The Company expects the listing on the OTCQB to provide greater exposure, visibility and trading convenience for U.S. investors, resulting in enhanced liquidity and extended reach.
The OTCQB Venture Market is for early stage and developing U.S. and international companies. Companies 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.
Commentary
StraightUp President and CEO Mark Brezer says, “Upgrading to the OTCQB provides a greater reach in today’s marketplace, one that transcends borders and is truly global. The new listing gives StraightUp improved access to millions of U.S. investors during our next phase of growth and, ultimately, connects us with a much larger audience. I expect our shareholders to benefit through increases in trading liquidity and expanded retail and institutional investors.”
About StraightUp Resources
StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and the Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The Company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the Historic Beatty Mountain Nevada Mining District/Nye County Nevada about 15 kilometers east of US-95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range.
On Behalf of the Board of Directors
Mark Brezer Chief Executive Officer, President and Director
For further information, please contact:
Mark Brezer
Chief Executive Officer, President and Director
(604) 989-6275
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the Canadian Securities Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
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