Golden Tag Receives Approval to trade on the OTCQB Market
Golden Tag Receives Approval to trade on the OTCQB Market
Toronto, Ontario, November 5, 2020 : Golden Tag Resources Ltd. (“ Golden Tag ” or the
"Company") (TSX.V: GOG) (OTCQB: GTAGF) is pleased to announce that after successfully
completing the application process, the Company was approved for quotation on the OTCQB®,
operated by the OTC Markets Groups. The Company’s common shares will begin trading on the
OTCQB today, November 5, 2020 at the opening of the market under the stock symbol “GTAGF”
and will remain listed on the TSX Venture Exchange under the ticker symbol “GOG”.
Greg McKenzie, President and CEO commented, "Up-listing to the OTCQB will enhance our
visibility and make the Company accessible to a much broader range of U.S. investors. Trading
on the OTCQB is expected to increase liquidity by providing current and potential investors with a
transparent and easily accessible trading platform where they can find Real -Time quotes and
market information.”
Shareholders of existing Golden Tag shares, previously traded on the OTC ® Pink Open Market,
will now trade on the OTCQB without any further action required.
The OTCQB Venture is the premier marketplace for companies that are committed to providing a
high-quality trading and information experience for their US investors. Qualifying for approval to
trade on the OTCQB requires a Company to be current on disclosure obligations, to pass a
minimum bid price test, and to provide an annual company verification and management
certification process. The OTCQB quality standards creates a solid baseline of transparency, as
well as the technology to improve the information and trading experience for investors.
About Golden Tag Resources
Golden Tag Resources Ltd. is a Toronto based mineral resource exploration company. The
Company holds a 100% interest, subject to a 2% NSR, in the San Diego project, in Durango,
Mexico. The San Diego property is among the largest undeveloped silver assets in Mexico and is
located within the prolific Velarde ña Mining District. Velarde ña hosts several mines having
produced silver, zinc, lead and gold for over 100 years. For more information regarding the San
Diego property please visit our website at www.goldentag.ca.
For additional information, please contact:
Greg McKenzie, President & CEO
Ph: 416-504-2020
Email: [email protected]
www.goldentag.ca
Cautionary Statement:
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 news release. Certain
statements in this news release are forward -looking and involve a number of risks and
uncertainties. Such forward -looking statements are within the meaning of the phrase ‘forward -
looking information’ in the Canadian Securities Administrators’ National Instrument 51 -102 –
Continuous Disclosure Obligations. Forward -looking statements are not comprised of historical
facts. Forward-looking statements include estimates and statements that describe the Company’s
future plans, objectives or goals, including words to the effect that the Company or management
expects a stated condition or result to occur. Forward-looking statements may be identified by such
terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”.
Since forward -looking statements are based on assumptions and address fut ure events and
conditions, by their very nature they involve inherent risks and uncertainties. Although these
statements are based on information currently available to the Company, the Company provides
no assurance that actual results will meet management ’s expectations. Risks, uncertainties and
other factors involved with forward -looking information could cause actual events, results,
performance, prospects and opportunities to differ materially from those expressed or implied by
such forward-looking information. Forward looking information in this news release includes, but is
not limited to, statements regarding the effects of the Company’s quotation on the OTCQB,
including on the liquidity of its shares . Factors that could cause actual results to differ materially
from such forward -looking information include, but are not limited to: the ability 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 commoditie s, capital market conditions, restriction on
labour and international travel and supply chains; failure to identify mineral resources; failure to
convert estimated mineral resources to reserves; the inability to complete a feasibility study which
recommends a production decision; the preliminary nature of metallurgical test results; delays in
obtaining or failures to obtain required governmental, environmental or other project approvals;
political risks; changes in equity markets; uncertainties relating to the availability and costs of
financing needed in the future; the inability of the Company to budget and manage its liquidity in
light of the failure to obtain additional financing; inflation; changes in exchange rates; fluctuations
in commodity prices; de lays in the development of projects; capital, operating and reclamation
costs varying significantly from estimates and the other risks involved in the mineral exploration
and development industry; and those risks set out in the Company’s public documents f iled on
SEDAR. Although the Company believes that the assumptions and factors used in preparing the
forward-looking information in this news release are reasonable, undue reliance should not be
placed on such information, which only applies as of the date of this news release, and no
assurance can be given that such events will occur in the disclosed time frames or at all. The
Company disclaims any intention or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, other than as required by law.
No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.