Announces Uplisting to OTCQB
MONUMENTAL MINERALS CORP.
ANNOUNCES UPLISTING TO OTCQB
VANCOUVER, BC
,
Aug. 22, 2022
/CNW/ - Monumental Minerals Corp. ("
Monumental
" or the
"
Company
") (TSXV: MNRL) (FSE: BE5) (OTCQB: MNMRF) is pleased to announce that its
common shares have qualified to trade on the OTCQB Venture Market ("
OTCQB
") under the
symbol "MNMRF". It is anticipated that the Company's uplisting to the OTCQB will provide greater
liquidity and a more seamless trading experience for U.S. shareholders. Trading on the OTCQB
begins on
August 22, 2022
.
Monumental Minerals common shares will continue to trade on the TSX Venture Exchange under the
symbol "MNRL".
The OTCQB is a U.S. trading platform operated by the OTC Markets Group in
New York
and is the
premier marketplace for early-stage and developing U.S. and international companies. Recognized
by the U.S. Securities and Exchange Commission as an established public market, the OTCQB
provides investors who cannot access trading on the TSX Venture Exchange with an alternative
access to the Company's shares through regulated U.S. broker-dealers.
Jamil Sader
, CEO and Director of Monumental Minerals comments "
Listing our shares on the
OTCQB is an important part of the Monumental Minerals strategy. It will allow us to achieve
greater market visibility along with increased trading liquidity within the investment community and
greater access to analyst coverage and news services.
With its stringent compliance and quality
standards, the OTCQB listing will facilitate broader access to capital to drive development of our
growing portfolio of properties."
About Monumental Minerals Corp.
Monumental Minerals Corp. is a mineral exploration company focused on the acquisition, exploration,
and development of mineral resource properties in the critical and electric metals sector. The
Company's flagship asset is the Jemi HREE project located in
Coahuila, Mexico
near the
Texas,
USA
border which the Company has an option to acquire 100% of the 3,650-hectare project. The
Company has an option to acquire a 75% interest and title to the Laguna cesium-lithium brine project
located in
Chile
.
On behalf of the Board of Directors,
/s/ "Jamil Sader"
Jamil Sader
,
Chief Executive Officer and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news release.
Forward Looking Information
This news release contains "forward–looking information or statements" within the meaning of
applicable securities laws, which may include, without limitation, the potential benefits of listing on
the OTCQB, other statements relating to the technical, financial and business prospects of the
Company, its projects and other matters. All statements in this news release, other than statements
of historical facts, that address events or developments that the Company expects to occur, are
forward-looking statements. Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from those in the forward-
looking statements. Such statements are based on numerous assumptions regarding present and
future business strategies and the environment in which the Company will operate in the future,
including the price of metals, the ability to achieve its goals, that general business and economic
conditions will not change in a material adverse manner and that financing will be available if and
when needed and on reasonable terms. Such forward-looking information reflects the Company's
views with respect to future events and is subject to risks, uncertainties and assumptions, including
the risks and uncertainties relating to the interpretation of exploration results, risks related to the
inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and
expenses and those other risks filed under the Company's profile on SEDAR at
www.sedar.com.
While such estimates and assumptions are considered reasonable by the management of the
Company, they are inherently subject to significant business, economic, competitive and regulatory
uncertainties and risks. Factors that could cause actual results to differ materially from those in
forward looking statements include, but are not limited to, continued availability of capital and
financing and general economic, market or business conditions, failure to secure personnel and
equipment for work programs, adverse weather and climate conditions, risks relating to
unanticipated operational difficulties (including failure of equipment or processes to operate in
accordance with specifications or expectations, cost escalation, unavailability of materials and
equipment, government action or delays in the receipt of government approvals, industrial
disturbances or other job action, and unanticipated events related to health, safety and
environmental matters), risks relating to inaccurate geological assumptions, failure to maintain all
necessary government permits, approvals and authorizations, fluctuation in exchange rates, the
impact of Covid-19 or other viruses and diseases on the Company's ability to operate, an inability to
predict and counteract the effects of COVID-19 on the business of the Company, including but not
limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction
on labour and international travel and supply chains, decrease in the price of rare earth elements,
lithium, cesium and other metals, loss of key employees, consultants, or directors, failure to maintain
community acceptance, increase in costs, litigation, and failure of counterparties to perform their
contractual obligations. The Company does not undertake to update forward–looking statements or
forward–looking information, except as required by law.
SOURCE
Monumental Minerals Corp.
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For further information:
Email: [email protected] Or Max Sali, VP Corporate
Development, Email: [email protected]
CO: Monumental Minerals Corp.
CNW 08:00e 22-AUG-22