Yukon Metals Announces Uplisting to OTCQB Market Trading under “YMMCF”
Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) has announced its uplisting to the OTCQB Market, with trading under the symbol "YMMCF" starting on October 8, 2024. This move aims to provide greater liquidity and improved trading experience for U.S. shareholders. The company's shares will continue trading on the CSE and FSE under existing symbols.
Additionally, Yukon Metals has engaged ICP Securities Inc. to provide automated market making services using its proprietary algorithm, ICP Premium™. The agreement, starting October 3, 2024, is for four months with a monthly fee of C$7,500. ICP's role will primarily focus on correcting temporary supply and demand imbalances in the company's shares.
Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) ha annunciato la sua quotazione sul mercato OTCQB, con le trattative sotto il simbolo "YMMCF" che inizieranno il 8 ottobre 2024. Questo passo mira a fornire maggiore liquidità e un'esperienza di trading migliorata per gli azionisti statunitensi. Le azioni della società continueranno a essere negoziate sul CSE e sul FSE con i simboli esistenti.
Inoltre, Yukon Metals ha incaricato ICP Securities Inc. di fornire servizi di market making automatizzati usando il suo algoritmo proprietario, ICP Premium™. L'accordo, che inizia il 3 ottobre 2024, ha una durata di quattro mesi con una tassa mensile di 7.500 C$. Il ruolo di ICP si concentrerà principalmente sulla correzione degli squilibri temporanei tra domanda e offerta delle azioni della società.
Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) ha anunciado su cotización en el mercado OTCQB, con el comercio bajo el símbolo "YMMCF" comenzando el 8 de octubre de 2024. Este movimiento busca proporcionar una mayor liquidez y una mejor experiencia de negociación para los accionistas de EE. UU. Las acciones de la empresa seguirán cotizando en el CSE y FSE bajo los símbolos existentes.
Además, Yukon Metals ha contratado a ICP Securities Inc. para proporcionar servicios de creación de mercado automatizados utilizando su algoritmo propietario, ICP Premium™. El acuerdo, que comenzará el 3 de octubre de 2024, tendrá una duración de cuatro meses con una tarifa mensual de 7,500 C$. El papel de ICP se centrará principalmente en corregir los desequilibrios temporales de oferta y demanda de las acciones de la empresa.
유콘 메탈스 Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF)는 OTCQB 마켓으로 상장된다고 발표했으며, "YMMCF"라는 심볼로 2024년 10월 8일부터 거래가 시작됩니다. 이 조치는 미국 주주들에게 더 큰 유동성과 개선된 거래 경험을 제공하기 위한 것입니다. 회사의 주식은 CSE와 FSE에서 기존 심볼로 계속 거래됩니다.
추가로, 유콘 메탈스는 ICP 증권 Inc.와 계약을 맺고 자사의 고유 알고리즘인 ICP 프리미엄™을 사용하여 자동화된 시장 조성 서비스를 제공받기로 했습니다. 이 계약은 2024년 10월 3일부터 시작되며, 4개월 동안 월 7,500 캐나다 달러의 요금이 부과됩니다. ICP의 역할은 회사 주식의 일시적인 공급과 수요 불균형을 수정하는 데 주로 집중될 것입니다.
Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) a annoncé son inscription sur le marché OTCQB, avec des transactions sous le symbole "YMMCF" qui commenceront le 8 octobre 2024. Ce mouvement vise à offrir une plus grande liquidité et une meilleure expérience de trading pour les actionnaires américains. Les actions de la société continueront d'être négociées sur le CSE et le FSE sous les symboles existants.
De plus, Yukon Metals a engagé ICP Securities Inc. pour fournir des services de création de marché automatisés utilisant son algorithme propriétaire, ICP Premium™. L'accord, qui commence le 3 octobre 2024, dure quatre mois avec des frais mensuels de 7 500 CAD. Le rôle d'ICP se concentrera principalement sur la correction des déséquilibres temporaires entre l'offre et la demande des actions de la société.
Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) hat seine Notierung am OTCQB-Markt angekündigt, wobei der Handel unter dem Symbol "YMMCF" am 8. Oktober 2024 beginnt. Dieser Schritt zielt darauf ab, eine höhere Liquidität und ein verbessertes Handelserlebnis für US-Aktionäre zu bieten. Die Aktien des Unternehmens werden weiterhin an der CSE und FSE unter den bestehenden Symbolen gehandelt.
Zusätzlich hat Yukon Metals ICP Securities Inc. beauftragt, automatisierte Market-Making-Services mit seinem proprietären Algorithmus ICP Premium™ bereitzustellen. Die Vereinbarung, die am 3. Oktober 2024 in Kraft tritt, hat eine Laufzeit von vier Monaten mit einer monatlichen Gebühr von 7.500 CAD. Die Rolle von ICP wird sich hauptsächlich darauf konzentrieren, vorübergehende Angebots- und Nachfrageungleichgewichte bei den Aktien des Unternehmens zu korrigieren.
- Uplisting to OTCQB Market, potentially increasing liquidity and visibility
- Engagement of ICP Securities for automated market making services
- Additional monthly expense of C$7,500 for market making services
VANCOUVER, British Columbia, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (the “Company” or “Yukon Metals”) (CSE: YMC, FSE: E770, OTCQB: YMMCF) is pleased to announce that the OTC Markets Group has approved the trading of its common shares on the OTCQB® Market ("OTCQB"). The Company's common shares start trading on the OTCQB under the symbol "YMMCF" as of the opening of the market on October 8, 2024.
Uplisting to the OTCQB will provide the Company with greater liquidity and a more seamless trading experience for U.S. shareholders. The Company's common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol "YMC" and the Frankfurt Stock Exchange (FSE) under the symbol “E770”.
The OTCQB 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.
Yukon Metals is also pleased to announce that it has engaged the services of ICP Securities Inc. (“ICP”) to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the CSE Exchange and other applicable legislation. ICP will be paid a monthly fee of C
ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.
ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
About Yukon Metals Corp.
Yukon Metals is well financed and represents a property portfolio built on over 30 years of prospecting by the Berdahl family, the prospecting team behind Snowline Gold’s portfolio of primary gold assets. The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc assets, with a substantial gold and silver component. The Company is led by an experienced Board of Directors and Management Team across technical and finance disciplines.
Yukon Metals is focused on fostering sustainable growth and prosperity within Yukon's local communities, while simultaneously enhancing stakeholder value. Our strategy centers around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, our ventures.
The Yukon
The Yukon ranks 10th most prospective for mineral potential across global jurisdictions according to the Fraser Institute’s 2023 Survey of Mining Companies, and is host to a highly experienced and conscientious local workforce, fostered by a culture of exploration coupled with deep respect for the land. Recent major discoveries with local roots such as Snowline Gold’s Rogue Project - Valley Discovery, demonstrate the Yukon’s potential to generate fresh district-scale mining opportunities.
YUKON METALS CORP.
“Rory Quinn”
Rory Quinn, President & CEO
Email: roryquinn@yukonmetals.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains certain forward-looking information, including information about the incremental release from escrow of the Consideration Shares, the resumption of trading of the Common Shares and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. Such factors include, among other things: risks and uncertainties relating to the incremental release from escrow of the Consideration Shares; the resumption of trading of the Common Shares; and other risks and uncertainties. See the section entitled “Risk Factors” in the Company’s listing statement dated May 30, 2024, available under the Company’s profile on SEDAR+ at www.sedarplus.ca. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law.
FAQ
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