Emperor Metals Announces Frankfurt Stock Exchange Listing
Emperor Metals Announces Frankfurt Stock
Exchange Listing
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2023) - Emperor Metals Inc. (CSE: AUOZ)
("Emperor" or the "Company") is pleased to report the secondary listing of its common shares on the
Frankfurt Stock Exchange
("FSE")
under the trading symbol "
9NH
".
CEO John Florek commented:
"Trading on the Frankfurt Stock Exchange provides Emperor Metals with direct access to the
European capital markets, presenting an excellent opportunity for the Company to enhance trading
liquidity and facilitate investment by expanding our shareholder base. We are excited to offer
European investors the chance to participate in our success and contribute to our growth."
The Frankfurt Stock Exchange (FSE) is one of the world's largest international trading centers for
securities. Operated by the Deutsche Boerse AG, FSE is the largest of Germany's seven stock
exchanges, and is responsible for approximately 90 percent of all securities traded in Germany. The
FSE facilitates advanced electronic trading, settlement and information systems and enables cross-
border trading for international investors.
To help in this oversea market Emperor has teamed with CM-Equity AG which is a licensed and
regulated investment and capital markets partner in Europe.
About the Duquesne West Gold Project
The Duquesne West Gold Property is located 32 km northwest of the city of Rouyn-Noranda and 10 km
east of the town of Duparquet. The property lies within the historic Duparquet gold mining camp in the
southern portion of the Abitibi Greenstone Belt in the Superior Province.
Under an Option Agreement, Emperor agreed to acquire a one hundred percent (100%) interest in a
mineral claim package comprising 38 claims covering approximately 1,389 ha, located in the Duparquet
Township of Quebec (the "
Duquesne West Property
") from Duparquet Assets Ltd., a 50% owned
subsidiary of Globex Mining Enterprises Inc. (GMX-TSX). For further information on the Duquesne West
Property and Option Agreement, see Emperor's press release dated October 12, 2022, available on
SEDAR.
The Property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade
of 5.42 g/t Au.
1,2
The mineral resource estimate predates modern CIM guidelines and a Qualified
Person on behalf of Emperor has not reviewed or verified the mineral resource estimate, therefore it is
considered historical in nature and is reported solely to provide an indication of the magnitude of
mineralization that could be present on the property. The gold system remains open for resource
identification and expansion.
Reinterpretation of the existing geological model was created using Artificial Intelligence and Machine
Learning. This model shows the opportunity for additional discovery of ounces by revealing gold trends
unknown to previous workers and the potential to expand the resource along significant gold-endowed
structural zones.
1
Watts, Griffis, and McOuat Consulting Geologists and Engineers, Oct 20, 2011, Technical Report and Mineral Resource Estimate Update for the
Duquesne-Ottoman Property, Quebec, Canada for XMet Inc.
2
Power-Fardy and Breede, 2011. The Mineral Resource Estimate (MRE) constructed in 2011 is considered historical in nature as it was
constructed prior to the most recent Canadian Institute of Mining and Metallurgy (CIM) standards (2014) and guidelines (2019) for mineral
resources. In addition, the economic factors used to demonstrate reasonable prospects of eventual economic extraction for the MRE have
changed since 2011. A qualified person has not done sufficient work to consider the MRE as a current MRE. Emperor is not treating the historical
MRE as a current mineral resource. The reader is cautioned not to treat it, or any part of it, as a current mineral resource.
QP Disclosure
The technical content for the Duquesne West Project in this news release has been reviewed and
approved by John Florek, M.Sc., P.Geol., a Qualified Person pursuant to CIM guidelines.
About Emperor Metals Inc.
Emperor Metals Inc. is an innovative Canadian mineral exploration company focused on developing
high-quality gold properties situated in the Canadian Shield. For more information, please refer to
SEDAR (
www.sedar.com
), under the Company's profile.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ "John Florek"
John Florek
, M.Sc., P.Geol
President, CEO and Director
Emperor Metals Inc.
For further information, please contact:
Mr.
Alex Horsley, Director
Phone:
778-323-3058
Email:
Website:
www.emperormetals.com
THE CSE HAS NOT APPROVED NOR DISAPPROVED THIS ANNOUNCEMENT
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
CERTAIN STATEMENTS MADE AND INFORMATION CONTAINED HEREIN MAY CONSTITUTE
"FORWARD-LOOKING INFORMATION" AND "FORWARD-LOOKING STATEMENTS" WITHIN THE
MEANING OF APPLICABLE CANADIAN AND UNITED STATES SECURITIES LEGISLATION. THESE
STATEMENTS AND INFORMATION ARE BASED ON FACTS CURRENTLY AVAILABLE TO THE
COMPANY AND THERE IS NO ASSURANCE THAT ACTUAL RESULTS WILL MEET
MANAGEMENT'S EXPECTATIONS. FORWARD-LOOKING STATEMENTS AND INFORMATION MAY
BE IDENTIFIED BY SUCH TERMS AS "ANTICIPATES", "BELIEVES", "TARGETS", "ESTIMATES",
"PLANS", "EXPECTS", "MAY", "WILL", "COULD" OR "WOULD".
FORWARD-LOOKING STATEMENTS AND INFORMATION CONTAINED HEREIN ARE BASED ON
CERTAIN FACTORS AND ASSUMPTIONS REGARDING, AMONG OTHER THINGS, THE
ESTIMATION OF MINERAL RESOURCES AND RESERVES, THE REALIZATION OF RESOURCE
AND RESERVE ESTIMATES, METAL PRICES, TAXATION, THE ESTIMATION, TIMING AND
AMOUNT OF FUTURE EXPLORATION AND DEVELOPMENT, CAPITAL AND OPERATING COSTS,
THE AVAILABILITY OF FINANCING, THE RECEIPT OF REGULATORY APPROVALS,
ENVIRONMENTAL RISKS, TITLE DISPUTES AND OTHER MATTERS. WHILE THE COMPANY
CONSIDERS ITS ASSUMPTIONS TO BE REASONABLE AS OF THE DATE HEREOF, FORWARD-
LOOKING STATEMENTS AND INFORMATION ARE NOT GUARANTEES OF FUTURE
PERFORMANCE AND READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON SUCH
STATEMENTS AS ACTUAL EVENTS AND RESULTS MAY DIFFER MATERIALLY FROM THOSE
DESCRIBED HEREIN. THE COMPANY DOES NOT UNDERTAKE TO UPDATE ANY FORWARD-
LOOKING STATEMENTS OR INFORMATION EXCEPT AS MAY BE REQUIRED BY APPLICABLE
SECURITIES LAWS.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/167230