Capella OTC Ticker Symbol Change and Upgrade to OTCQB® Venture Market
Capella OTC Ticker Symbol Change and Upgrade to OTCQB®
Venture Market
VANCOUVER, BC
,
March 22, 2022
/CNW/ - Capella Minerals Ltd. (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) (the "Company" or
"Capella") is pleased to announce that OTC Markets Group has approved the Company's upgrade from its existing OTC Pink market
listing to an OTCQB® Venture Market ("OTCQB") listing, effective
March 22, 2022
. The Company also advises that its OTC ticker
symbol has been changed from "
NWDMF
" to "
CMILF
".
Eric Roth
, Capella's President and CEO, commented: "We are pleased to be announcing today both our upgrade to the OTCQB
platform, as well as our new OTC ticker symbol which will bring it in to line with the Company's current TSXV trading symbol. We are
looking forward to expanding our market presence in
the United States
through the upgrade to the OTCQB platform, which we
expect will offer increased accessibility and liquidity for both existing U.S. shareholders and new investors as we continue to advance
our portfolio of high-grade copper & gold projects in Scandinavia and
Canada
."
The Company will continue to trade on the TSXV Exchange under the symbol "CMIL" and the Frankfurt Stock Exchange under the
symbol "N7D2".
U.S. investors can find current financial disclosure and Real Time quotes for the Company at
https://www.otcmarkets.com/stock/cmilf/overview
.
The Company was sponsored for the OTCQB listing by Dorsey & Whitney LLP, a qualified law firm responsible for providing
guidance on OTCQB requirements.
On Behalf of the Board of Capella Minerals Ltd.
"Eric Roth"
___________________________
Eric Roth
, Ph.D., FAusIMM
President & CEO
About Capella Minerals Ltd
Capella is engaged in the acquisition, exploration, and development of quality mineral resource properties in favourable jurisdictions
with a focus on high-grade gold and copper deposits. The Company's copper focus is currently on the discovery of high-grade VMS-
type deposits within 100%-owned, district-scale land positions around the past-producing Løkken and Kjøli copper mines in central
Norway
. The Company's precious metals focus is on the discovery of high-grade gold deposits on its newly-acquired Finnish
properties (Katajavaara, Aakenus), the 100%-owned Southern Gold Line Project in
Sweden
, and its active Canadian Joint Ventures
with Ethos Gold Corp. (TSXV-ECC) at Savant
Lake (Ontario
) and Yamana Gold Inc. at Domain (
Manitoba
). The Company also
retains a residual interest (subject to an option to purchase agreement with Austral Gold Ltd) in the Sierra Blanca gold-silver
divestiture in
Santa Cruz
,
Argentina
.
The Company also holds 3,000,000 common shares in Ethos Gold Corp. providing Capella shareholders with indirect exposure to
exploration success at both the Savant Lake Project and elsewhere within Ethos' extensive Canadian project portfolio.
Cautionary Notes and Forward-looking Statements
This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking
information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions,
or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the
upgrade from the OTC Pink to the OTCQB platform, its potential effects, and other potential future developments. Although the
Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be
correct. All such forward-looking information is based on certain assumptions and analyses made by Capella in light of their
experience and perception of historical trends, current conditions and expected future developments, as well as other factors
management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-
looking information. Important factors that could cause actual results to differ from this forward-looking information include those
described under the heading "Risks and Uncertainties" in Capella's most recently filed MD&A. Capella does not intend, and
expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as
required by law. Readers are cautioned not to place undue reliance on forward-looking information.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
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SOURCE
Capella Minerals Limited
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For further information:
Capella Contacts, Eric Roth, Email: [email protected], Karen Davies, +1.604.314.2662
CO: Capella Minerals Limited
CNW 09:00e 22-MAR-22