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TSODILO RESOURCES LIMITED
Lists on the OTCQB Market
FOR IMMEDIATE RELEASE March 3, 2021
TORONTO, ON TARIO - Tsodilo Resources Limited (“Tsodilo” or the “Com pany”) (TSX -V: TSD) (OTQB:
TSDRF) (FSE: TZO) is pleased to announce that it has received approval to begin trading on the OTCQB Venture
Market “OTCQB” under the symbol “TSDRF” as of the beginning of trading on March 4, 2021.
The OTCQB offers developing Canadian companies t he benefits of being publicly traded in the U.S. with lower cost
and complexity than a U.S. exchange listing. Streamlined market standards enable Canadian companies to provide a
strong baseline of transparency to inform and engage U.S. investors. To be eli gible, Canadian companies must be
current in their SEDAR reporting and undergo an annual verification and management certification process.
As a verified market with efficient access to U.S. investors, the OTCQB helps Canadian companies build shareholder
value with a goal of enhancing liquidity and achieving fair valuation. OTCQB companies provide current company
information and meet financial standards that enable brokers to more easily quote and trade a security. Companies
engage a far greater network of U.S. investors, data distributors and media partners, ensuring U.S. investors have
access to the same high -quality information that is available to investors in Canada, but through U.S. platforms and
portals to conduct research. Real-time quotes and marke t information for the Company can be found
at https://www.otcmarkets.com.
In addition to the OTCQB listing, there will be no change of trading symbols under the TSX-Venture Exchange symbol
"TSD" nor the Frankfurt Stock Exchange symbol "TZO".
"Tsodilo is excited to be listing on the OTCQB Venture Market. We believe a secondary listing on this market will
provide the Company with increased access to US institutional and retail investors and a broad er shareholder base.
U.S. investors will have the opportunity to share in the Company's growth as investor interest in mineral resources
and their development continue their momentum as the world emerges economically from the devasting effects of the
Covid-19 pandemic” said James M. Bruchs, Chairman and CEO.
About Tsodilo Resources Limited:
Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for
economic diamond, metal deposits and industrial stone at its Bosoto (Pty) Limited ("Bosoto"), Gcwihaba Resources
(Pty) Limited ("Gcwihaba") and Newdico (Pty) Ltd. ("Newdico) projects in Botswana and its Idada 361 (Pty) Limited
("Idada") project in Barberton, South Africa. The Company has a 100% stake in Bosot o (Pty) Ltd. which holds the
BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana and the PL216/2017 diamond prospection
license also in the OKF. The Company has a 100% stake in its Gcwihaba project area consisting of seven metal (base,
precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The
Company has a 100% interest in its Newdico industrial stone project located in Botswana’s Central District.
Additionally, Tsodilo has a 70% stake in Idada Trading 361 (Pty) Limited which holds the gold and silver exploration
license in the Barberton area of South Africa. Tsodilo manages the exploration of the Gcwihaba, Bosoto, Newdico
and Idada projects.
Neither the TSX Venture Exchange (“ 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.
This press release may contain forward -looking statements. All statements, other th an statements of historical fact,
that address activities, events or developments that the Company believes, expects or anticipates will or may occur in
the future (including, without limitation, statements pertaining to the completion of anticipated financings) are
forward-looking statements. These forward -looking statements reflect the current expectations or beliefs of the
Company based on information currently available to the Company. Forward -looking statements are subject to a
number of risks and uncertainties that may cause the actual results of the Company to differ materially from those
discussed in the forward - looking statements, and even if such actual results are realized or substantially realized,
there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that
could cause actual results or events to differ materially from current expectations include, among other things,
changes in equity markets, changes in general economic co nditions, market volatility, political developments in
Botswana and surrounding countries, changes to regulations affecting the Company's activities, uncertainties relating
to the availability and costs of financing needed in the future, exploration and de velopment risks, the uncertainties
involved in interpreting exploration results and the other risks involved in the mineral exploration business. Any
forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as
a result of new information, future events or results or otherwise. Although the Company believes that the assumptions
inherent in the forward-looking statements are reasonable, forward-looking statements are not a guarantee of future
performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty
therein.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of
the Company to differ materially from those discussed in the forward -looking statements and, even if such actual
results are realized or substantially realized, there can be no assurance that they will have the expected consequences
to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current
expectations include, among other things, uncertainties relating to availa bility and cost of funds, timing and content
of work programs, results of exploration activities, interpretation of drilling results and other geological data, risks
relating to variations in the diamond grade and kimberlite lithologies; variations in rate s of recovery and breakage;
estimates of grade and quality of diamonds, variations in diamond valuations and future diamond prices; the state of
world diamond markets, reliability of mineral property titles, changes to regulations affecting the Company's
activities, delays in obtaining or failure to obtain required project approvals, operational and infrastructure risk and
other risks involved in the diamond exploration and development business. Any forward -looking statement speaks
only as of the date on wh ich it is made and, except as may be required by applicable securities laws, the Company
disclaims any intent or obligation to update any forward -looking statement, whether as a result of new information,
future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward -
looking statements are reasonable, forward -looking statements are not a guarantee of future performance and
accordingly undue reliance should not be put on such statements due to their inherent uncertainty. This news release
may contain assumptions, estimates, and other forward -looking statements regarding future events. Such forward -
looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the
Company's control, which may cause actual results or performance to differ materially from those currently
anticipated in such statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
James M. Bruchs Chairman and Chief Executive Officer [email protected]
Dr. Alistair Jeffcoate Project Manager and Chief Geologist Officer [email protected]
Head Office Telephone +1 416 572 2033 Facsimile + 1 416 987 4369
Website http://www.TsodiloResources.com