Moon River Moly Ltd. to Commence Trading on OTCQB and Receives DTC Eligibility
Moon River Moly Ltd. to Commence Trading on
OTCQB and Receives DTC Eligibility
Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - Moon River Moly Ltd.
(TSXV: MOO) (OTCQB:
MRIVF)
("
Moon River
" or the "
Company
") is pleased to announce the Company is now trading on the
OTCQB in the United States under the symbol MRIVF.
"We are pleased to begin trading on the OTCQB as part of our strategy to make Moon River shares
more accessible to retail and institutional investors in the U.S. market. The goals of this commencement
of trading through the OTCQB market are to allow access and liquidity to both U.S. and international
shareholders, and to strengthen that shareholding base," said President and Chief Executive Officer
Paul Parisotto.
The OTCQB is recognized by the Securities and Exchange Commission as an established public
market providing public information for analysis and value of securities. As a verified market with
efficient access for U.S. investors, OTCQB helps companies build shareholder value with a goal of
enhancing liquidity and achieving a fair valuation. Trading on the OTCQB gives Moon River a far greater
network of U.S. investor data distributors and media partners, facilitating access to the same high-quality
information that is available to investors in Canada to U.S. investors. U.S. investors can find Real-Time
Level 2 quotes for the Company on
www.otcmarkets.com
. The Company's shares will continue to trade
on the TSX Venture Exchange under the symbol "MOO", and the Company's public disclosure will
continue to be available on SEDAR+ at
www.sedarplus.ca
.
The Company also wishes to announce that its shares have received DTC Eligibility. The Depository
Trust Company (DTC) is a subsidiary of the Depository Trust & Clearing Corporation (DTCC) and
manages the electronic clearing and settlement of publicly traded companies. This electronic method of
clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process
for investors. Being DTC eligible is expected to further simplify the process of trading and exchange of
the Company's common stock on the OTCQB in the U.S.
About OTC Markets Group Inc.
OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market and the
Pink® Open Market for 12,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN,
it connects a diverse network of broker-dealers that provide liquidity and execution services. It enables
investors to easily trade through the broker of their choice and empower companies to improve the
quality of information available for investors. OTC Link ATS and OTC Link ECN are SEC regulated
ATSs, operated by OTC Link LLC, member FINRA/SIPC.
About Moon River
Moon River is a Canadian-based resource company focused on the acquisition, exploration and
development of mineral projects. Moon River is focused on the development of the Davidson Property
which hosts a large molybdenum-tungsten deposit and is located near Smithers, British Columbia. The
Company also holds 25% of one of the largest molybdenum mines in North America, the Endako Mine
Complex also located in British Columbia.
For further information please contact:
Paul Parisotto, President, Chief Executive Officer and Director, at (416) 800-1753 or
.
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.
Forward-looking Statements:
This press release contains forward-looking statements and forward-looking information (collectively,
"
forward-looking statements
") within the meaning of applicable securities laws. Any statements that
are contained in this press release that are not statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements are often identified by terms such as "may",
"should", "anticipate", "will", "estimates", "believes", "intends", "expects", "plans" and similar
expressions, which are intended to identify forward-looking statements. More particularly and without
limitation, this press release contains forward-looking statements concerning the announcement of
commencement of trading of the Company's common shares on the OTCQB in the United States.
These forward-looking statements reflect the current views of the Company, represent the expectations
of the Company as of the date of this news release, and are based on certain assumptions that the
Company has made in respect thereof as at the date of this press release.
Although the Company believes the expectations and material factors and assumptions reflected in
these forward-looking statements are reasonable as of the date hereof, there can be no assurance that
the expectation, that the access and liquidity in the Company's common shares and the Company's
shareholding base will be improved, will prove to be correct. These forward-looking statements are not
guarantees of future performance and are subject to a number of known and unknown risks and
uncertainties including risks detailed in the Company's continuous disclosure, which are available on
SEDAR+ at
www.sedarplus.ca
.
Accordingly, readers should not place undue reliance on the forward-
looking statements contained in this press release.
These risk factors should not be construed as exhaustive. Readers are cautioned that events or
circumstances could cause results to differ materially from those predicted, forecasted or projected. The
forward-looking statements contained in this document speak only as of the date of this document. The
Company does not undertake any obligation to publicly update or revise any forward-looking statements
or information contained herein, except as required by applicable laws. The forward-looking statements
contained in this document are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/239353