13:04:12 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Abraplata Resource Corp
Symbol ABRA
Shares Issued 81,178,416
Close 2018-06-15 C$ 0.14
Market Cap C$ 11,364,978
Recent Sedar Documents

Abraplata shares on Pink Sheets DTC eligible

2018-06-15 20:40 ET - News Release

Mr. Willem Fuchter reports

ABRAPLATA ANNOUNCES DTC ELIGIBILITY OF ITS OTCPK COMMON SHARES AND CHANGE IN DIRECTORS

Abraplata Resource Corp.'s common shares traded on the OTC Pink Sheets, under the symbol ABBRF, are now Depository Trust Company (DTC) eligible.

The DTC, a subsidiary of the Depository Trust & Clearing Corp., manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered DTC eligible. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

Abraplata also announces that David Doherty has resigned as a director of the company, effective on June 14, 2018, due to other time commitments. The company would like to thank Mr. Doherty for his services and contributions during his tenure.

Concurrent with Mr. Doherty's resignation, the company is pleased to announce that Robert Bruggeman has been appointed as a director of the company, effective June 14, 2018. Mr. Bruggeman has over 20 years of experience in corporate development, equity research, and institutional sales and trading. He has a deep understanding of Canadian equity markets, having worked as a sell-side research analyst, the desk analyst on the proprietary trading desk at TD Securities, and running the sales and trading desk at a boutique brokerage firm in Toronto. Mr. Bruggeman currently provides investor relations and corporate development services to junior mining companies, including Abraplata, through Alpha Advisory Services Inc. Prior to that, he was vice-president, corporate development, for a Toronto Stock Exchange-listed junior mining company. Mr. Bruggeman is a professional engineer (Ontario) and holds the CFA designation.

Qualified person

All scientific and technical information in this news release has been approved by Willem Fuchter, PhD, PGeo, president and chief executive officer of Abraplata Resource, a qualified person as defined by National Instrument 43-101.

About Abraplata Resource Corp.

Abraplata is a junior mining exploration company focused on delivering shareholder returns by unlocking mineral value in Argentina. The company's experienced management team has assembled an outstanding portfolio of gold, silver and copper exploration assets, and is focused on advancing its flagship Diablillos silver-gold property, with an indicated mineral resource containing 80.9 million ounces silver and 732,000 ounces gold, through the various stages of feasibility. In addition, Abraplata owns the highly prospective Cerro Amarillo property with its cluster of five mineralized copper (molybdenum-gold) porphyry intrusions located in a mining camp hosting the behemoth El Teniente, Los Bronces and Los Pelambres porphyry Cu-Mo deposits.

We seek Safe Harbor.

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