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York Harbour To Commence Trading on the Canadian Securities Exchange

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York Harbour Metals has received final approval to list its common shares on the Canadian Securities Exchange (CSE) under the symbol 'YORK', effective December 9, 2024. The company's shares will be delisted from the TSX Venture Exchange after market close on December 6, 2024.

The company has completed the first milestone of its option agreement with Firetail Resources , which holds an option to earn up to 31% interest in York's Copper Zinc-Silver Project in Newfoundland and Labrador over three years. Additionally, York Harbour has withdrawn its previously announced debt settlement transaction involving arm's length third parties and company directors.

York Harbour Metals ha ricevuto l'approvazione finale per quotare le sue azioni ordinarie sulla Canadian Securities Exchange (CSE) con il simbolo 'YORK', a partire dal 9 dicembre 2024. Le azioni della società saranno cancellate dalla TSX Venture Exchange al termine delle negoziazioni del 6 dicembre 2024.

La società ha completato il primo obiettivo del suo accordo di opzione con Firetail Resources, che detiene un'opzione per acquisire fino al 31% di interesse nel progetto Copper Zinc-Silver di York in Newfoundland e Labrador nel corso di tre anni. Inoltre, York Harbour ha ritirato la transazione di risoluzione del debito precedentemente annunciata, che coinvolgeva terzi indipendenti e direttori della società.

York Harbour Metals ha recibido la aprobación final para listar sus acciones comunes en la Canadian Securities Exchange (CSE) bajo el símbolo 'YORK', a partir del 9 de diciembre de 2024. Las acciones de la compañía serán retiradas del TSX Venture Exchange al cierre del mercado el 6 de diciembre de 2024.

La compañía ha completado el primer hito de su acuerdo de opción con Firetail Resources, que tiene la opción de adquirir hasta un 31% de interés en el Proyecto de Cobre, Zinc y Plata de York en Newfoundland y Labrador en un período de tres años. Además, York Harbour ha retirado su transacción de liquidación de deuda previamente anunciada que involucraba a partes relacionadas y directores de la compañía.

요크 하버 메탈스(York Harbour Metals)캐나다 증권 거래소(CSE)에 'YORK' 기호로 보통주를 상장할 최종 승인을 받았으며, 이는 2024년 12월 9일부터 효력이 발생합니다. 회사의 주식은 2024년 12월 6일 시장 마감 후 TSX 벤처 거래소에서 상장 폐지됩니다.

회사는 파이어테일 리소스(Firetail Resources)와의 옵션 계약의 첫 번째 이정표를 완료했으며, 이 회사는 뉴펀들랜드와 래브라도의 요크 동-아연-은 프로젝트에서 3년 동안 최대 31%의 지분을 얻을 수 있는 옵션을 보유하고 있습니다. 추가로, 요크 하버는 제3자와 회사 이사들이 관련된 이전에 발표된 채무 해결 거래를 철회했습니다.

York Harbour Metals a reçu l'approbation finale pour inscrire ses actions ordinaires à la Canadian Securities Exchange (CSE) sous le symbole 'YORK', à compter du 9 décembre 2024. Les actions de la société seront radiées de la TSX Venture Exchange après la clôture des marchés le 6 décembre 2024.

L'entreprise a complété le premier jalon de son accord d'option avec Firetail Resources, qui détient une option pour acquérir jusqu'à 31 % d'intérêts dans le projet de cuivre, zinc et argent de York à Terre-Neuve-et-Labrador sur une période de trois ans. De plus, York Harbour a retiré sa transaction de règlement de dettes auparavant annoncée impliquant des tiers indépendants et des directeurs de la société.

York Harbour Metals hat die endgültige Genehmigung erhalten, seine Stammaktien unter dem Symbol 'YORK' an der Canadian Securities Exchange (CSE) ab dem 9. Dezember 2024 zu listen. Die Aktien des Unternehmens werden nach Handelsschluss am 6. Dezember 2024 von der TSX Venture Exchange abgezogen.

Das Unternehmen hat den ersten Meilenstein seines Optionsvertrags mit Firetail Resources erreicht, das die Option hat, innerhalb von drei Jahren bis zu 31% Beteiligung an Yorks Kupfer-Zink-Silber-Projekt in Neufundland und Labrador zu erwerben. Darüber hinaus hat York Harbour die zuvor angekündigte Schuldenregulierungstransaktion, die unabhängige Dritte und Unternehmensleiter betraf, zurückgezogen.

Positive
  • Successful upgrade to CSE listing, maintaining market presence
  • Completion of first milestone in Firetail Resources option agreement for the Copper Zinc-Silver Project
Negative
  • Delisting from TSXV, which typically has stricter listing requirements
  • Withdrawal of debt settlement transaction, potentially affecting company's debt management plans

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - YORK HARBOUR METALS INC. (TSXV: YORK) (OTCQB: YORKF) (the "Company" or "York Harbour") is pleased to announce that it has received final approval from the Canadian Securities Exchange (the "CSE") to list its common shares (the "Common Shares") effective upon market open on Monday, December 9, 2024 (the "Listing"). The Common Shares will trade under its current symbol "YORK". No actions are required by York Harbour's shareholders.

In connection with the Listing, the Common Shares will be delisted from the TSX Venture Exchange ("TSXV") after market close on Friday, December 6, 2024. Both the TSXV and CSE will issue bulletins announcing the change this week.

Corporate Updates

As announced by the Company in its news release dated September 25, 2024, the Company completed the first milestone of the option agreement with Firetail Resources Limited ("Firetail"). Firetail holds an option to earn up to an additional 31% undivided interest in the Company's Copper Zinc-Silver Project in Newfoundland and Labrador which can be exercised in installments over a three year period (the "Transaction"). Since the remaining milestones are not yet exercised, the Company does not intend to seek final acceptance of the Transaction with the TSXV.

The Company also announces the withdrawal of the debt settlement transaction that was previously disclosed in its news release dated August 21, 2024, involving certain arm's length third parties and three of the Company's directors.

About York Harbour Metals

York Harbour Metals Inc. is a mineral exploration and development company focused on high-grade projects in Newfoundland. The Company has recently closed the first milestone of an Option Agreement with Firetail Resources Limited on the York Harbour Copper-Zinc-Silver Project, located approximately 27 km from Corner Brook, Newfoundland. Additionally, York Harbour holds a 100%-interest in the Bottom Brook Rare Earth Elements Project, covering 15,150 hectares, situated next to the Trans-Canada Highway and only 27 km from a deep-water port at Turf Point, Newfoundland.

For further details, please contact:
Email: info@yorkharbourmetals.com

Phone: +1-604-346-7613
Website: www.yorkharbourmetals.com

On Behalf of the Board of Directors,

"Blair Naughty"
CEO and President

Email: info@yorkharbourmetals.com
Phone: 778-302-2257
Website: https://yorkharbourmetals.com/

Forward-Looking Statements:

This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Such forward looking statements in this news release include, but are not limited to, statements regarding the trading of the Common Shares on the CSE. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements, including the risks that the Common Shares may not become listed on the CSE. Important factors that could cause actual results to differ materially from the Company's expectations include the results of further exploration and testing, and other risks detailed from time to time in the filings made by the Company with securities regulators, available at http://www.sedarplus.ca/.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

No securities regulatory authority or stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232735

FAQ

When will York Harbour Metals (YORKF) begin trading on the Canadian Securities Exchange?

York Harbour Metals will begin trading on the Canadian Securities Exchange (CSE) on Monday, December 9, 2024, under the symbol 'YORK'.

What is the status of York Harbour Metals' (YORKF) option agreement with Firetail Resources?

York Harbour has completed the first milestone of the option agreement, where Firetail can earn up to 31% interest in the company's Copper Zinc-Silver Project over three years.

When will York Harbour Metals (YORKF) be delisted from the TSX Venture Exchange?

York Harbour Metals will be delisted from the TSX Venture Exchange after market close on Friday, December 6, 2024.

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