Sierra Madre Commences Trading ON the OTCQB
SIERRA MADRE COMMENCES TRADING ON THE OTCQB
Vancouver, British Columbia – December 8, 2021 – Sierra Madre Gold and Silver Ltd. (TSXV:
SM, OTCQB: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that it has
qualified for trading on the OTCQB Venture Market (the “OTCQB”) in the United States
operated by the OTC Markets Group Inc. The Company’s common shares will commence
trading on December 8, 2021 on the OTCQB under the symbol “SMDRF”. Sierra Madre’s
common shares will continue to trade on the TSX Venture Exchange under the symbol “SM”.
Alex Langer, President & CEO of Sierra Madre stated, “We have seen increasing US retail and
institutional interest in our Company since listing on the TSXV earlier this year. We already have
a sizeable US based shareholder base and intend to increase liquidity and interest south of the
border by making it easier for potential US shareholders to buy shares on a US exchange.”
The OTCQB offers investors transparent trading, greater liquidity, and a more seamless trading
experience for our U.S. shareholders. To be eligible, companies must be current in their reporting
and undergo an annual verification and management cer tification process. The OTCQB quality
standards provide a strong baseline of transparency, as well as the technology and regulation to
improve the information and trading experience for investors. Investors can find real -time level
2 quotes and market information at: https://www.otcmarkets.com/stock/SMDRF/overview
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the
OTCQB® Venture Market and the Pink® Open Market for over 11,000 U.S. and global
securities. Through our regulated OTC Link® Alternative Trading Systems, the Company
connects a diverse network of broker-dealers that provide liquidity and execution services. We
enable investors to easily trade through the broker of their choice and empower companies to
improve the quality of information available for their investors.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC
Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets,
visit www.otcmarkets.com.
About the Company
Sierra Madre Gold and Silver Ltd. is a mineral exploration company, currently focused on the
acquisition, exploration and development of the Tepic and La Tigra Properties in Nayarit, Mexico.
The Company has an experienced management team with a proven trac k record of wealth
creation in Mexico through project discovery, advancement, and monetization. Sierra Madre’s
key objective is to advance exploration on the Tepic and La Tigra Properties to determine whether
they contain commercially exploitable deposits of precious or base metals.
On behalf of the board of directors of Sierra Madre Gold and Silver Ltd.,
“Alexander Langer”
Alexander Langer
President, Chief Executive Officer and Director
Contact:
Cautionary Note
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.
This press release contains "forward -looking information" and "forward -looking statements"
within the meaning of applicable securities legislation. The forward-looking statements herein are
made as of the date of this press release only, and the Company does not assume any obligation
to update or revise them to reflect new information, estimates or opinions, future events or results
or otherwise, except as required by applicable law. Often, but not always, forward -looking
statements can be ide ntified by the use of words such as "plans", "expects", "is expected",
"budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets",
"aims", "anticipates" or "believes" or variations (including negative variations) of such words and
phrases or may be identified by statements to the effect that certain actions "may", "could",
"should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information
in this press release includes, but is not limited to, statements with respect plans for the La Tigra
property, including the prospect of preparing a technical report containing a mineral resource
estimate. Forward -looking statements and information are subject to various known and
unknown risks and uncertainties, many of which are beyond the ability of the Company to control
or predict, that may cause the Company’s actual results, performance or achievements to be
materially different from those expressed or implied thereby, and are developed based on
assumptions about such risks, uncertainties and other factors set out herein, including, but not
limited to, the risk that the La Tigra Property may not yield the results expected and the general
risk factors related to exploration and development as are set out under the heading "Risk
Factors" in the Company's final long form non-offering prospectus dated March 31, 2021 available
for review on the Company's profile at www.sedar.com. Such forward -looking information
represents management's best judgment based on i nformation currently available. No forward -
looking statement can be guaranteed and actual future results may vary materially. Accordingly,
readers are advised not to place undue reliance on forward-looking statements or information.