Precipitate Announces New U.S. Listing on OTCQB Venture Marketplace Under Symbol PREIF
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Precipitate Announces New U.S. Listing on OTCQB Venture Marketplace
Under Symbol PREIF
Vancouver, B.C. – June 26, 2020 - Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG,
OTCQB: PREIF) is pleased to announce that its commo n shares are now trading on the OTCQB Venture
Marketplace (the “OTCQB Venture”), a US trading pla tform that is operated by the OTC Markets Group in
New York. The Company’s U.S. listing will trade on the OTCQB Venture under the symbol “PREIF” while the
Company’s Canadian listing will continue to trade on the TSX Venture Exchange under the symbol “PRG”.
Jeffrey Wilson, President & CEO, stated, “Listing o n the OTCQB Venture is part of a growing strategy t o
introduce the Company to a broader investor audienc e and heighten Precipitate’s overall trading
opportunities. The Company’s recent announcement of its transaction with Barrick Gold Corp. ( see news
release dated April 14, 2020 ) combined with rising investor interest in gold and gold equities has generated
increased attention from U.S. investors. Trading on the OTCQB will help enhance liquidity by providing
current and future U.S.-based investors with a more transparent and efficient trading platform.”
Shareholders of existing U.S. listed Precipitate sh ares previously traded on the OTC Pink Open Market will
now trade on the OTCQB without any further action required by shareholders.
The OTCQB Venture is the premier marketplace for en trepreneurial and development stage U.S. and
international companies that are committed to providing a high-quality trading and information experience
for their US investors. To be eligible, companies m ust be current in their financial reporting, pass a
minimum bid price test and undergo an annual compan y verification and management certification
process. The OTCQB Venture quality standards provid e a strong baseline of transparency, as well as the
technology and regulation to improve the information and trading experience for investors.
About Precipitate Gold:
Precipitate Gold Corp. is a mineral exploration com pany focused on exploring and advancing its mineral property
interests in the Pueblo Viejo Mining Camp and Tireo Gold Trend of the Dominican Republic. The Company i s actively
exploring its 100% owned Ponton and Juan de Herrera projects. The Company’s Pueblo Grande Project is subject to an
Earn-In Agreement with Barrick Gold Corporation, wh ereby Barrick can earn a 70% interest by incurring US$10M
within six years and producing a qualifying Pre-fea sibility Study. Precipitate is also actively evalua ting additional high-
impact property acquisitions with the potential to expand the Company's portfolio and increase shareho lder value, in
the Dominican Republic and other favourable jurisdictions.
Additional information can be viewed at the Company’s website www.precipitategold.com .
On Behalf of the Board of Directors of Precipitate Gold Corp.,
“Jeffrey Wilson”
TSX VENTURE: PRG | www.precipitategold.com
625 Howe Street, Suite 1020, Vancouver, BC, V6C 2T6
Toll free: 855 558 0335
Direct: 604 558 0335
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President & CEO
For further information, please contact:
Tel: 604-558-0335 Toll Free: 855-558-0335 [email protected]
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 release.
This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other
than statements of historical fact, included herein are forward looking information. Generally, forward-looking information may be identified by the
use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such w ords and phrases, or by the use of words or
phrases which state that certain actions, events or results may, could, would, or might occur or be ac hieved. This forward-looking information
reflects Precipitate Gold Corp.’s (“Precipitate” or the “Company”) current beliefs and is based on information currently available to Company and on
assumptions it believes are reasonable. Forward-loo king information is subject to known and unknown ri sks, uncertainties and other factors that
may cause the actual results, level of activity, performance or achievements of Precipitate to be materially different from those expressed or implied
by such forward-looking information. Such risks and other factors may include, but are not limited to: the exploration concessions may not be
granted on terms acceptable to the Company, or at a ll; general business, economic, competitive, political and social uncertainties; the concessions
acquired by the Company may not have attributes similar to those of surrounding properties; delay or failure to receive governmental or regulatory
approvals; changes in legislation, including environmental legislation affecting mining; timing and av ailability of external financing on acceptable
terms; conclusions of economic evaluations; and lac k of qualified, skilled labour or loss of key indiv iduals. Although Precipitate has attempted to
identify important factors that could cause actual results to differ materially from those contained i n forward-looking information, there may be
other factors that cause results not to be as antic ipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-
looking information. Precipitate does not undertake to update any forward-looking information, except in accordance with applicable securities
laws.