Austral Gold Upgrades U.S. Listing to the OTCQB Market
Austral Gold Upgrades U.S. Listing to the
OTCQB Market
Sydney, Australia--(Newsfile Corp. - July 18, 2023) -
Established gold producer Austral Gold
Limited
(ASX: AGD) (TSXV: AGLD) (Austral or the Company) is pleased to announce that effective
tomorrow, the Company's common shares will be uplisted from trading on the Pink Market of the OTC
Markets Group Inc. to the OTCQB Venture Market (the "OTCQB") under the same symbol it previously
traded, "AGLDF".
The Company will continue to trade on the ASX in Australia as the primary listing and the TSXV in
Canada under the symbols "AGD" and "AGLD" respectively.
Austral Gold's Chief Executive Officer, Stabro Kasaneva said:
"We are delighted to be trading on
the OTCQB market as it is an important step as we continue our efforts to increase awareness, visibility,
and liquidity for the Company. We believe that trading on the OTCQB will provide an opportunity to
expand our current U.S. shareholder base and a better trading platform for US investors."
Current financial disclosure and Real-Time Level 2 quotes for the Company can be found on
www.otcmarkets.com
.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) in New York, operates the OTCQX® Best Market, the
OTCQB® Venture Market and the Pink® Open Market for 12,000 U.S. and global securities.
Recognized by the U.S. Securities and Exchange Commission as an established public market, the
OTCQB provides investors who cannot access trading on the TSX Venture Exchange with an alternative
access to the Company's shares through regulated U.S. broker-dealers.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.
For additional information please contact:
Jose Bordogna
Chief Financial Officer
Austral Gold Limited
+61 466 892 307
Gareth Quinn
Media and Investor Relations
Republic PR
+61 417 711 108
Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking statements. Forward-
looking statements are statements that are not historical, and consist primarily of projections -
statements regarding future plans, expectations and developments. Words such as "expects", "intends",
"plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar
import tend to identify forward-looking statements. Forward-looking statements in this news release
include effective tomorrow, the Company's common shares will be uplisted from trading on the Pink
Market of the OTC Markets Group Inc. to the OTCQB Venture Market (the "OTCQB") under the same
symbol it previously traded, "AGLDF, the Company will continue to trade on the ASX in Australia as the
primary listing, we continue our efforts to increase awareness, visibility, and liquidity for the Company,
we believe that trading on the OTCQB will provide an opportunity to expand our current U.S. shareholder
base and a better trading platform for US investors, and the Company's 2023 forecasted production.
All of these forward-looking statements are subject to a variety of known and unknown risks,
uncertainties and other factors that could cause actual events or results to differ from those expressed or
implied, including, without limitation, business integration risks; uncertainty of production, uncertainty of
exploration programs, development plans and cost estimates, commodity price fluctuations; political or
economic instability and regulatory changes; currency fluctuations, the state of the capital markets
especially in light of the effects of the novel coronavirus,, uncertainty in the measurement of mineral
reserves and resource estimates, Austral's ability 2ttarct and retain qualified personnel and
management, potential labour unrest, reclamation and closure requirements for mineral properties;
unpredictable risks and hazards related to the development and operation of a mine or mineral property
that are beyond the Company's control, the availability of capital to fund all of the Company's projects
and other risks and uncertainties identified under the heading "Risk Factors" in the Company's
continuous disclosure documents filed on the ASX and on SEDAR. You are cautioned that the foregoing
list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure
you that actual events, performance or results will be consistent with these forward-looking statements,
and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect
current expectations regarding future events and operating performance and speak only as of the date
hereof and Austral does not assume any obligation to update forward-looking statements if
circumstances or management's beliefs, expectations or opinions should change other than as required
by applicable law. For the reasons set forth above, you should not place undue reliance on forward-
looking statements.
About Austral Gold
Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets
in the Americas.
Austral continues to lay the foundation for its growth strategy by advancing its attractive
portfolio of producing and exploration assets.
OPERATIONS
Guanaco and Amancaya mines, Antofagasta Province, Chile
(100% interest)
Open pit and underground.
2023 Forecast: 34,000-38,000 gold equivalent ounces
Casposo/Manantiales Mine Complex, San Juan Province, Argentina
(100% interest)
Gold and silver mine currently in care and maintenance. Strategy is to restart profitable mining
operations.
EXPLORATION
CHILE
ARGENTINA
Paleocene Belt, Chile
Guanaco District
Amancaya District
Las Pampa District
Triassic Choiyoi Belt
Indio Belt
Deseado Massif
EQUITY INVESTMENTS
Unico Silver Limited, an ASX listed company
Pampa Metals Corp, a CSE listed company
Ensign Minerals Inc., private vehicle, Utah, USA
Rawhide Mine, private vehicle, Fallon, Nevada, USA
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/173895