K92 Mining Inc. Named to 2020 OTCQX Best 50
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Suite 488 – 1090 West Georgia Street
Vancouver, British Columbia
Canada V6E 3V7
Telephone: +1 (604) 687-7130
Facsimile: +1 (604) 608-9110
www.k92mining.com
NEWS RELEASE
K92 Mining Inc. Named to 2020 OTCQX Best 50
Vancouver, British Columbia, Canada – January 21, 2020 – K92 Mining Inc. (“ K92” or the
“Company”) (TSXV: KNT, OTCQX: KNTNF) is pleased to announce it has been named to the
2020 OTCQX® Best 50 , a ranking of top performing companies traded on the OTCQX Best
Market last year.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded
on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total
return and average daily dollar volume growth in the previous calendar year. Companies in the
2020 OTCQX Best 50 were ranked based on their performance in 2019.
K92 Chief Executive Officer, John Lewins, stated, “K92 is extremely pleased to be named in the
OTCQX® Best 50 for the second consecutive year. This reflects our operational performance
during 2019 in which K92 increased gold equivalent production 74% from the previous year,
exceeded the top end of our upgraded annual production guidance, and made significant progress
from exploration , both near-mine and regional ly. From a production perspective, we are well
underway with our Stage 2 expansion, announced in March 2019, which will double our
throughput from 2 00,000 tpa to 400,000 tpa. In exploration, the number of drill rigs increased
three-fold from 2018, resulting in accelerated lateral and vertical deposit extent growth at Kora /
Kora North while also making considerable progress regionally at Blue Lake. Highlight drill results
from Kora North in 2019 also set new record high grades at the Kainantu Gold Mine. K92 will
soon be publishing 2020 production guidance and during the first half of 2020 plans to complete
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an updated resource estimate for Kora / Kora North , and a Stage 3 Expansion Preliminary
Economic Assessment (“PEA”).”
For the complete 2020 OTCQX Best 50 ranking, visit
https://www.otcmarkets.com/files/2020_OTCQX_Best_50.pdf.
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused
U.S. and global companies. To qualify for the OTCQX market, companies must meet high
financial standards, follow best practice corporate governance, and demonstrate compliance with
applicable securities laws.
About K92 Mining
K92 Mining Inc. is engaged in the production of gold, copper and silver from the Kora and Kora
North deposits of the Kainantu Gold Mine in the Eastern Highlands province of Papua New
Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of
the mine. The Company declared commercial production from Kainantu in February 2018 and
has commenced an expansion of the mine. An updated Preliminary Economic Ass essment on
the property was published in January 2019. K92 is operated by a team of mining company
professionals with extensive international mine-building and operational experience.
On Behalf of the Company,
John Lewins, Chief Executive Officer and Director
For further information, please contact David Medilek, P.Eng., CFA at +1-604-687-7130.
www.k92mining.com
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN POLICI ES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news
release includes certain "forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements are necessarily based upon a number of estimates
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and assumptions that, while considered reasonable, are subject to known and unknown risks,
uncertainties, and other factors which may cause the actual results and future events to differ
materially from those expressed or implied by such forward -looking statements. All
statements that address future plans, activities, events, or developments that the Company
believes, expects or anticipates will or may occur are forward-looking information, including
statements regarding the realization of the preliminary economic analysis for the Project,
expectations of future cash flows, the proposed plant expansion, potential expansion of
resources and the generation of further drilling results which may or may not occur. Forward-
looking statements and information contained herein are based on certain factors and
assumptions regarding, among other things, the market price of the Company's securities,
metal prices, exchange rates , 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, failure of plant, equipment
or processes to operate as anticipated, accidents, labour disputes, claims and limitations on
insurance coverage and other risks of the mining industry, changes in national and local
government regulation of mining operations, and regulations and other matters.. Th ere can
be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward -looking statement s. The Company
disclaims any intention or obligation to update or revise any forward -looking statements,
whether as a result of new information, future events or otherwise, except as required by law.