Tinone Announces U.s. Trading ON the OTCQB Venture Market Under Symbol Torcf
TINONE ANNOUNCES U.S. TRADING ON THE
OTCQB VENTURE MARKET UNDER SYMBOL
TORCF
(TSX-V: TORC) (OTCQB: TORCF)
VANCOUVER, BC
,
Aug. 17, 2022
/CNW/ -
TinOne Resources. Inc.
(TSXV: TORC) (OTCQB:
TORCF) (FRA: 57Z0) ("
TinOne
" or the "
Company
") is pleased to announce that it has qualified to
trade on the OTCQB® Venture Market in the
United States
, and its common shares are now trading
on the OTCQB under the ticker symbol "TORCF". TinOne will continue to trade on the TSX Venture
Exchange in
Canada
under the symbol "TORC" and on the Frankfurt Exchange under the symbol
"57Z0".
"
TinOne's entry onto the OTCQB marks another milestone in the Company's growth
," said
Chris
Donaldson
, Executive Chairman. "
We are very excited to start trading on the OTCQB, which will
increase exposure and liquidity for TinOne in
the United States
".
About TinOne
TinOne is a TSX Venture Exchange listed Canadian public company with a high-quality portfolio of tin
projects in the Tier 1 mining jurisdictions of
Tasmania
and
New South Wales, Australia
. The
Company is focussed on advancing its highly prospective portfolio while also evaluating additional tin
opportunities. TinOne is supported by Inventa Capital Corp.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This news release includes certain "Forward
Looking Statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and "forward
looking information" under
applicable Canadian securities laws. When used in this news release, the words "anticipate",
"believe", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and
similar words or expressions, identify forward
looking statements or information. These forward
looking statements or information relate to, among other things: the development of the Company's
projects, including drilling programs and mobilization of drill rigs; future mineral exploration,
development and production; the release of drilling results; and completion of a drilling program.
Forward
looking statements and forward
looking information relating to any future mineral
production, liquidity, enhanced value and capital markets profile of TinOne, future growth potential
for TinOne and its business, and future exploration plans are based on management's reasonable
assumptions, estimates, expectations, analyses and opinions, which are based on management's
experience and perception of trends, current conditions and expected developments, and other
factors that management believes are relevant and reasonable in the circumstances, but which
may prove to be incorrect. Assumptions have been made regarding, among other things, the price
of gold and other metals; no escalation in the severity of the COVID-19 pandemic; costs of
exploration and development; the estimated costs of development of exploration projects; TinOne's
ability to operate in a safe and effective manner and its ability to obtain financing on reasonable
terms.
These statements reflect TinOne's respective current views with respect to future events and are
necessarily based upon a number of other assumptions and estimates that, while considered
reasonable by management, are inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Many factors, both known and unknown, could
cause actual results, performance or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward
looking
statements or forward-looking information and TinOne has made assumptions and estimates
based on or related to many of these factors. Such factors include, without limitation: the
Company's ability to meet the continued listing requirements of markets on which the Company's
securities are traded; the Company's dependence on early stage mineral projects; metal price
volatility; risks associated with the conduct of the Company's mining activities in
Australia
;
regulatory, consent or permitting delays; risks relating to reliance on the Company's management
team and outside contractors; risks regarding mineral resources and reserves; the Company's
inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all;
currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations;
risks relating to project financing and equity issuances; risks and unknowns inherent in all mining
projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital
and operating costs of such projects; contests over title to properties, particularly title to
undeveloped properties; laws and regulations governing the environment, health and safety; the
ability of the communities in which the Company operates to manage and cope with the
implications of COVID-19; the economic and financial implications of COVID-19 to the Company;
operating or technical difficulties in connection with mining or development activities; employee
relations, labour unrest or unavailability; the Company's interactions with surrounding communities
and artisanal miners; the Company's ability to successfully integrate acquired assets; the
speculative nature of exploration and development, including the risks of diminishing quantities or
grades of reserves; stock market volatility; conflicts of interest among certain directors and
officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified
under the caption "Risk Factors" in TinOne's management discussion and analysis. Readers are
cautioned against attributing undue certainty to forward
looking statements or forward-looking
information. Although TinOne has attempted to identify important factors that could cause actual
results to differ materially, there may be other factors that cause results not to be anticipated,
estimated or intended. TinOne does not intend, and does not assume any obligation, to update
these forward
looking statements or forward-looking information to reflect changes in assumptions
or changes in circumstances or any other events affecting such statements or information, other
than as required by applicable law.
SOURCE
TinOne Resources Corp.
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For further information:
To sign-up to the mailing list, please contact: Chris Donaldson, Executive
Chairman, Tel: (604) 813-3931, Email: [email protected]
CO: TinOne Resources Corp.
CNW 08:00e 17-AUG-22