Astra Exploration Commences Trading on the OTCQB Venture Market in the United States
ASTRA EXPLORATION INC. (TSX-V: ASTR, OTCQB: ATEPF)
NEWS RELEASE
Astra Exploration Commences Trading on the OTCQB Venture Market in the United States
Vancouver, British Columbia – June 23rd, 2022 – Astra Exploration Inc. (TSX-V: ASTR, OTCQB:
ATEPF) (“Astra” or the “Company”) is pleased to announce that it has qualified for trading on the
OTCQB Venture Market (the “OTCQB”) in the United States operated by the OTC Markets Group
Inc. and the Com pany’s common shares commenced trading yesterday, June 22 nd, 2022, on the
OTCQB under the symbol “ ATEPF”. Astra’s common shares will continue to trade on the TSX
Venture Exchange under the symbol “ASTR”.
Brian Miller, President, CEO of Astra commented: “Listing on OTCQB is an important step in the
Company’s plan to increase its profile and visibility to investors. Astra is well-financed and backed by
a stalwart group of investors who recognize the potential at Pampa Paciencia, where the Company
has defined two zones of high -grade gold near surface and is planning to commence with the next
round of drilling in the near future. Astra presents a compelling investment opportunity and its listing
on OTCQB is very timely.”
The OTCQB offers investors transparent trading in entrepreneurial and development stage U.S. and
international companies. To be eligible, companies must be current in their reporting and undergo an
annual verification and management certification process. 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 level 2 quotes and market
information at: https://www.otcmarkets.com/stock/ATEPF/overview
About Pampa Paciencia
Pampa Paciencia is a 3,840 hectare road -access low -sulphidation epithermal (LSE) gold -silver
project located within an active mining district less than 15 kilometres from two major mines (Sierra
Gorda and Spence) and five kilometres from the Faride LSE mine (Figure 1).
Astra has completed property wide mapping and sampling, geophysical surveys, and localized
trenching and in doing s o, has defined a vein boulder field over approximately 75% of the project
area. The veins do not outcrop as the majority of the project area is covered by a thin layer of gravels
and caliche but the vein float can be used to identify areas of high prospectivity.
Initial drill results defined gold mineralization in the Paciencia Vein System, which is a thick LSE vein
structure averaging 10 -20 metres thickness over a strike length of approximately 1.4 kilometres.
Exploration results continue to indicate a large LSE system under thin cover, with two known zones
of gold mineralization near surface which are open along strike and at depth (see May 2 nd and May
25th, 2022 press releases).
Figure 1: Location of the Pampa Paciencia flagship project in the Paleocene Belt of northern Chile.
About the Company
Astra Exploration Inc. is a n exploration company based out of Vancouver, BC. Astra is engaged in
the acquisition, exploration, and development of epithermal gold-silver properties in Chile and is
building a portfolio of high -quality projects. Astra’s current focus is the development of the Pampa
Paciencia Project in northern Chile, an early-stage gold-silver epithermal discovery with high grades
and large-scale potential.
For further information please contact:
Brian Miller
Chief Executive Officer
Tel. 604.428.0939
Email: [email protected]
OR
Nikki McEachnie
Manager of Investor Relations, Marketing & Business Development
Tel: 416.209.4940
Email: [email protected]
Neither the TSXV nor its Regulation Services Provider (as that term is defin ed in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not
necessarily indicative of mineralization hosted on the Company’s properties.
This news release may contain certain “Forward -Looking Statements” within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities
laws. When or if used in this news releas e, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking
statements or information. These forward -looking statements or information may relate to the
Company’s business activities; exploration on the Company’s properties; and marketing initiatives .
Such statements represent the Company’s current views with respect to future events and are
necessarily based upon a number of assumptions and estimates that, while considered reasonable
by the Company, are inherently subject to significant business, economic, competitive, political and
social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause
results, performance or achievements to be materially different from the results, performance or
achievements that are or may be expressed or implied by such forward -looking statements. Such
factors include, without limitation: development of the industry in which the Company operates; risks
associated with the conduct of the Company's business activities; risks relating to reliance on the
Company's management team and outside contractors; currency fluctuations; risks regarding the
failure to generate sufficient cash flow from operations; laws and regulations governing the industry
in which the Company operates; the ability of the communities in which the Company operates to
manage and cope with the implications of COVID -19; the economic and financial implications of
COVID-19 to the Company; operating or technical difficulties; employee relations, labour unrest or
unavailability; stock market volatility; conflicts of interest among certain directors and officers; lack of
liquidity for shareholders of the Company; litigation risk; a nd other risk factors disclosed in the
Company’s public disclosure documents available on the Company’s profile at www.sedar.com.
Readers are cautioned against attributing undue certainty to forward-looking statements or forward-
looking information. Althou gh 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
anticipated, estimated or intended. The Company does not intend, and does not assume an y
obligation, to update these forward -looking statements or information to reflect changes in
assumptions or changes in circumstances or any other events affecting such statements and
information other than as required by applicable laws, rules and regulations.