CopperCorp Announces U.S. Listing on OTCQB
CopperCorp Announces U.S. Listing on OTCQB
VANCOUVER, BC
,
April 19, 2022
/CNW/ - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB:
CPCPF) ("CopperCorp" or the "Company") is pleased to announce that its common shares will
commence trading today on the OTCQB marketplace under the symbol "CPCPF". The Company's
common shares will continue to trade on the TSX Venture Exchange under the symbol
CPER
.
The Company expects that the listing on the OTCQB will provide greater visibility and convenience of
trading for US investors, resulting in enhanced liquidity and greater reach.
"The listing on OTCQB helps introduce CopperCorp to a larger audience and improve liquidity in the
stock, which is an important factor in the Company's development," said
Stephen Swatton
, CEO. "The
US market is indispensable for accessing larger pools of capital, and the US listing gives millions of US
investors easier access to transact CopperCorp shares."
The OTCQB Venture Market is for early stage and developing U.S. and international companies.
Companies are current in their reporting and undergo an annual verification and management
certification process. Investors can find real-time quotes and market information for the Company on
www.otcmarkets.com
.
About CopperCorp
CopperCorp is a well-financed mineral exploration company with approximately
C$9.8M
targeting world
class copper-gold discoveries in western
Tasmania, Australia
. The Company is currently undertaking
confirmations and infill drilling and ground exploration programs at the Alpine prospect (our initial target
on the larger AMC Project, formerly the Alpine Project) where wide spaced historical drilling delineated
IOCG-style mineralization over a
700m
strike length. Significant mineralized intercepts from the
historical drilling included
1
:
AP004:
28.1m
@ 1.03 % Cu from
58.7m
and
41.25m
@ 0.3% Cu from
111.55m
AP007:
80.0m
@ 0.53% Cu from
62.7m
AP008A:
41.0m
@ 0.48% Cu from
29.8m
AP017:
21.65m
@ 0.55% Cu from
225.0m
Western Tasmania
is an established mining region located within a low-risk, stable jurisdiction with a
long, 150-year exploration and mining history. The region is rich in diverse mineral resources with large-
scale multi-generational mines, established infrastructure, local skilled labor, and rail-to-port networks.
The region is supplied by 100% renewable energy.
Quality Assurance / Quality Control
Full information on historical exploration activities and results at the Alpine prospect are included in the
Technical Report (NI 43-101) dated 18 April 2021. True widths of historical drill hole intercepts are yet
to be determined. Reported intervals are calculated as length weighted intercepts using a 0.3% Cu
lower cut-off grade.
Qualified Person
The Company's disclosure of technical or scientific information in this press release was reviewed and
approved by
Sean Westbrook
, VP Exploration for the Company. Mr. Westbrook is a Qualified Person
as defined under the terms of National Instrument 43-101.
References
1
Independent Technical Report on EL2/2018 Tasmania Australia. Prepared in accordance with
Canadian National Instrument 43-101 Standards of Disclosure for Mineral Properties (NI43-101).
Effective date:
18 April 2021
.
Additional information about CopperCorp can be found on its website:
www.coppercorpinc.com
and at
www.sedar.com
.
This press release includes "forward-looking statements", including statements regarding the benefits
of OTC listing, forecasts, estimates, expectations and objectives for future operations that are subject
to a number of assumptions, risks and uncertainties, many of which are beyond the control of
CopperCorp. Investors are cautioned that any such statements are not guarantees of future
performance and that actual results or developments may differ materially from those projected in the
forward-looking statements. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking statement can be guaranteed,
and actual future results may vary materially.
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE
CopperCorp Resources Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/April2022/19/c8278.html
%SEDAR: 00051014E
For further information:
Stephen Swatton, President, CEO & Director, [email protected];
Alexander Muir, CFA, Manager, Investor Relations, [email protected], 604-970-8032
CO: CopperCorp Resources Inc.
CNW 08:30e 19-APR-22