OMG NEWS RELEASE 1 Omai Gold Mines Commences Trading on the OTCQB ® Market Under the Symbol (OMGGF)
OMG NEWS RELEASE 1
Omai Gold Mines Commences Trading on the OTCQB ® Market
Under the Symbol (OMGGF)
August 11, 2022, Toronto, Ontario — Omai Gold Mines Corp. (TSX V: OMG ) (OTC:OMGGF)
(“Omai” or the “Company”) is pleased to announce that it has been approved to commence trading
of its common shares on the OTCQB® Venture Market (“ OTCQB”), beginning today under the
ticker symbol OMGGF.
Elaine Ellingham, CEO commented, “We are pleased with this milestone that offers investors yet
another avenue for trading our shares and look forward to increasing the awareness around our
company for U.S. investors. We believe that trading on the OTCQB® can lead to overall enhanced
liquidity and visibility in global capital markets.
She further commented, “Our new Director Don Dudek and I are just flying out today from our
Omai property in Guyana. Mr. Dudek brings a wealth of experience in the mining industry and
particularly relevant is his experience in gold deposits in West Africa that are deemed geologically
related to our gold project in the Guiana Shield. Don examined a good deal of our recent core,
visited all of our key exploration targets and is already proving to be a great contributor to the
future strategic development of our Omai project.”
The OTCQB® is a leading market for early -stage and developing U.S. and international
companies. Recognized as an established public market by the U.S. Securities and Exchange
Commission, the OTCQB® has helped companies build considerable shareholder value including
enhanced liquidity and valuation. Investors may benefit from efficient trading through their
preferred broker or financial advisor, transparent pricing with real -time quotes, and trusted
disclosure that is made broadly available to broker-dealers and market data providers.
The Company’s common shares will continue to trade on the TSX Venture Exchange under the
symbol “OMG”.
An application with the Depository Trust & Clearing Corporation (DTCC) is currently pending to
further enable the easier electronic clearing and settlement of the Company’s common shares in
the United States.
OMG NEWS RELEASE 2
ABOUT OMAI GOLD
Omai Gold Mines Corp., through its wholly owned subsidiary Avalon Gold Exploration Inc., holds
a 100% interest in the Omai Prospecting License that includes the past producing Omai Gold
Mine, and a 100% interest in the adjoining Eastern Flats Mining Permits. O nce South America’s
largest producing gold mine, Omai produced over 3.7 million ounces of gold between 1993 and
2005. In 2022, the Company announced an initial Mineral Resource Estimate on the new Wenot
gold deposit. The Company’s short-term priorities are to build on the known Mineral Resources,
while advancing exploration on key targets, providing a solid opportunity to create significant value
for all stakeholders.
For further information, please see our website www.omaigoldmines.com or contact:
Elaine Ellingham P.Geo.
President & CEO
Phone: +1 416-473-5351
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 release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certai n “forward -looking statements” under applicable Canadian securities
legislation. Forward-looking statements include, but are not limited to, statements with respect to the timing
of completion of exploration , trenching and drill programs, and the potential for the Omai Gold Project to
allow Omai to build significant gold Mineral Resources at attractive grades, and forward-looking statements
are necessarily based upon a number of estimates 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.
Such factors include, but are not limited to general busines s, economic, competitive, political and social
uncertainties; delay or failure to receive regulatory approvals; the price of gold and copper; and the results
of current exploration. Further, the Mineral Resource data set out in th e Omai Gold news release a re
estimates, and no assurance can be given that the anticipated tonnages and grades will be achieved or
that the indicated level of recovery will be realized. There can be no assurance that forward -looking
statements will prove to be accurate, as actual r esults and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward -looking
statements. The Company disclaims any intention or obligation to update or revise any forwar d-looking
statements, whether as a result of new information, future events or otherwise, except as required by law.