Yukon Metals Announces Uplisting to OTCQB Market Trading under “YMMCF”
1000-1055 W. Hastings St. Vancouver BC V6E 2E9 | [email protected] | yukonmetals.com |
1
Yukon Metals Announces Uplisting to OTCQB Market
Trading under “YMMCF”
Vancouver, Canada, October 8, 2024 – Yukon Metals Corp. (the “Company” or “Yukon
Metals”) (CSE: YMC, FSE: E770, OTCQB: YMMCF) is pleased to announce that the OTC
Markets Group has approved the trading of its common shares on the OTCQB® Market
("OTCQB"). The Company's common shares start trading on the OTCQB under the symbol
"YMMCF" as of the opening of the market on October 8, 2024.
Uplisting to the OTCQB will provide the Company with greater liquidity and a more
seamless trading experience for U.S. shareholders. The Company's common shares will
continue to trade on the Canadian Securities Exchange (CSE) under the symbol "YMC" and
the Frankfurt Stock Exchange (FSE) under the symbol “E770”.
The OTCQB is the premier marketplace for early stage and developing U.S. and international
companies including those in the mining and natural resources sectors. Companies listed on
OTCQB are current in their reporting and undergo an annual verification an d management
certification process. Investors can find real -time quotes and market information for the
Company on www.otcmarkets.com.
Yukon Metals is also pleased to announce that it has engaged the services of ICP Securities
Inc. (“ICP”) to provide automated market making services, including use of its proprietary
algorithm, ICP Premium ™, in compliance with the policies and guidelines of the CSE
Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus
applicable taxes. The agreement between the Company and ICP was signed with a start
date of October 3, 2024, and is for four months. There are no performance factors contained
in the agreement and no stock options or other compensation in connection with the
engagement. ICP and its clients may acquire an interest in the securities of the Company in
the future.
ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily
to correct temporary imbalances in the supply and demand of the Company’s shares. ICP
will be responsible for the costs it incurs in buying and selling the Company’s shares, and no
third party will be providing funds or securities for the market making activities.
1000-1055 W. Hastings St. Vancouver BC V6E 2E9 | [email protected] | yukonmetals.com |
2
ICP Securities Inc. is a Toronto based CIRO dealer -member that specializes in automated
market making and liquidity provision, as well as having a proprietary market making
algorithm, ICP Premium ™, that enhances liquidity and quote health. Established in 2023,
with a focus on market structure, execution, and trading, ICP has leveraged its own
proprietary technology to deliver high quality liquidity provision and execution services to a
broad array of public issuers and institutional investors.
About Yukon Metals Corp.
Yukon Metals is well financed and represents a property portfolio built on over 30 years
of prospecting by the Berdahl family, the prospecting team behind Snowline Gold’s
portfolio of primary gold assets. The Yukon Metals portfolio consists primarily of copper -
gold and silver-lead-zinc assets, with a substantial gold and silver component. The Company
is led by an experienced Board of Directors and Management Team across technical and
finance disciplines.
Yukon Metals is focused on fostering sustainable growth and prosperity within Yukon's local
communities, while simultaneously enhancing s takeholder value. Our strategy centers
around inclusivity and shared prosperity, offering both community members and investors
the chance to contribute to, and benefit from, our ventures.
The Yukon
The Yukon ranks 10 th most prospective for mineral potential across global jurisdictions
according to the Fraser Institute’s 2023 Survey of Mining Companies, and is host to a highly
experienced and conscientious local workforce, fostered by a culture of exploration coupled
with deep respect for the land. Recent major discoveries with local roots such as Snowline
Gold’s Rogue Project - Valley Discovery, demonstrate the Yukon’s potential to generate fresh
district-scale mining opportunities.
YUKON METALS CORP.
“Rory Quinn”
Rory Quinn, President & CEO
Email: [email protected]
1000-1055 W. Hastings St. Vancouver BC V6E 2E9 | [email protected] | yukonmetals.com |
3
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains certain forward -looking information, including information about the
incremental release from escrow of the Consideration Shares, the resumption of trading of the
Common Shares and the Company’s future plans and intentions. Wherever possible, words such as
“may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”
or “potential” or the negative or other variations of these words, or similar words or phrases, have
been used to iden tify the forward -looking information. These statements reflect management’s
current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking information involves significant risks, uncertainties and assumptions. Many factors
could cause actual results, performance or achievements to differ materially from those discussed or
implied in the forward -looking information. Such factor s include, among other things: risks and
uncertainties relating to the incremental release from escrow of the Consideration Shares; the
resumption of trading of the Common Shares; and other risks and uncertainties. See the section
entitled “Risk Factors” i n the Company’s listing statement dated May 30, 2024, available under the
Company’s profile on SEDAR+ at www.sedarplus.ca. These factors should be considered carefully,
and readers should not place undue reliance on the forward -looking information. Althoug h the
forward-looking information contained in this news release is based upon what management believes
to be reasonable assumptions, the Company cannot assure readers that actual results will be
consistent with the forward -looking information. The forward -looking information is made as of the
date of this news release, and the Company assumes no obligation to update or revise the information
to reflect new events or circumstances, except as required by law.