Callinex Commences Trading on the OTCQX
Callinex Commences Trading on the OTCQX
VANCOUVER
, BC
,
Jan. 25, 2022
/CNW/ -
Callinex
Mines Inc
.
(the "Company" or "
Callinex
") (
TSXV
:
CNX
) (
OTCQX
:
CLLXF
) is pleased to announce the initiation of trading on the
OTCQX
. The
OTCQX
Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to
trade
Callinex
shares under the ticker symbol
CLLXF
. The
OTCQX
Best Market is OTC Markets
Group's premier market for established, investor-focused U.S. and international companies.
To be eligible, companies must meet high financial standards, follow best practice corporate
governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and
have a professional third-party sponsor introduction. U.S. investors can find current financial disclosure
and Real-Time quotes for the company on
www.otcmarkets.com/stock/CLLXF/quote
.
Max Porterfield
, President and CEO, stated "Callinex is pleased to commence trading on the OTCQX
and the broadening of its investor base. The OTCQX provides US-based investors enhanced tools to
analyze, value and trade shares of the Company. This will certainly be a benefit to all our shareholders
as Callinex aggressively expands the high-grade copper, zinc, gold and silver Rainbow deposit located
near
Flin Flon, MB
."
About Callinex Mines Inc.
Callinex Mines Inc. (TSXV: CNX) (OTC: CLLXF) is advancing its portfolio of base and precious
metals rich deposits located in established Canadian mining jurisdictions. The portfolio is highlighted
by the rapidly expanding Rainbow Discovery at its Pine Bay Project located near existing
infrastructure in the Flin Flon Mining District. Additionally, Callinex has emerging near-surface silver
discoveries at its Nash Creek Project located in the Bathurst Mining District of
New Brunswick
. A
2018 PEA on the Company's
Bathurst
projects outlined a mine plan that generates a strong
economic return with a pre-tax IRR of 34.1% (25.2% post-tax) and NPV8% of
$230 million
(
$128
million
post-tax).
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 release.
Some statements in this news release contain forward-looking information. These statements
include, but are not limited to, statements with respect to future expenditures. These statements
address future events and conditions and, as such, involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or implied by the
statements. Such factors include, among others, the ability to complete the proposed drill program
and the timing and amount of expenditures. Except as required under applicable securities laws,
Callinex does not assume the obligation to update any forward-looking statement
.
View original content:
https://www.prnewswire.com/news-releases/callinex-commences-trading-on-the-otcqx-301467285.html
SOURCE
Callinex Mines Inc.
View original content:
http://www.newswire.ca/en/releases/archive/January2022/25/c1395.html
%SEDAR: 00031889E
For further information:
For additional information, please contact: Callinex Mines Inc., Max
Porterfield, President and Chief Executive Officer, Phone: (604) 605-0885, E-mail: [email protected]
CO: Callinex Mines Inc.
CNW 08:00e 25-JAN-22