Element 29 Receives DTC Eligibility
Element 29 Receives DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2022) - Element 29 Resources Inc. (
TSXV:
ECU) (OTCQB: EMTRF)
("
Element 29
" or the "
Company
") is pleased to announce that its common
shares have been made eligible for book-entry and depository services of the Depository Trust
Company ("DTC") to facilitate electronic clearing and settlement of transfers of its common shares in the
United States.
Richard Osmond, Chairman and Interim CEO, comments, "Receiving DTC eligibility is an important
milestone to facilitate trading of our common shares for US investors and brokerage firms. This should
allow for faster execution, augmented share trading liquidity and help broaden our investor base."
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
About Element 29 Resources Inc.
Element 29 Resources Inc. is an emerging copper exploration and development company focused on
advancing its portfolio of Peruvian projects towards development in one of the world's lowest-risk mining
jurisdictions. Element 29's growth strategy is led by our strong board and management, who have a
proven track record of discovery and delivering significant value to shareholders.
The Company's principal objective is to explore and develop its flagship Flor de Cobre porphyry Cu-Mo
project located in southern Perú, 26 km southeast of Freeport-McMoRan's Cerro Verde Cu-Mo mine. At
the same time, the Company intends to build on its potential copper inventory with continued exploration
of its Flor de Cobre project and its remaining 22,000 ha of mining concessions in Perú, including the
recently discovered Elida porphyry Cu-Mo-Ag system in central Perú and 85 km from the coast. Both
projects are well located for future mine development and will benefit from nearby infrastructure including
roads, powerlines, ports, water, and a skilled workforce. More information is available at
www.e29copper.com
.
For more information:
David Jan
Investor Relations
1-888-246-7881
Forward Looking Statements
This press release contains certain forward-looking information and forward-looking statements within
the meaning of applicable Canadian securities legislation (collectively, "
Forward-looking
Statements
"). All statements, other than statements of historical fact, constitute Forward-looking
Statements. Words such as "will", "intends", "proposed" and "expects" or similar expressions are
intended to identify Forward-looking Statements. Forward looking Statements in this press release
include statements related the Company's resource properties, and the Company's plans, focus and
objectives.
Forward-looking Statements involve various risks and uncertainties and are based on certain factors
and assumptions. There can be no assurance that such statements will prove to be accurate, and actual
results and future events could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the Company's expectations include
uncertainties related to fluctuations in copper and other commodity prices, uncertainties inherent in the
exploration of mineral properties, the impact and progression of the COVID-19 pandemic and other risk
factors set forth in the Company's prospectus under the heading "Risk Factors". The Company
undertakes no obligation to update or revise any Forward-looking Statements, whether as a result of new
information, future events or otherwise, except as may be required by law. New factors emerge from time
to time, and it is not possible for Element 29 to predict all of them or assess the impact of each such
factor or the extent to which any factor, or combination of factors, may cause results to differ materially
from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in
this press release are expressly qualified in their entirety by this cautionary statement.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/111210