12:54:46 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Cascadia Minerals Ltd
Symbol CAM
Shares Issued 37,122,036
Close 2024-03-08 C$ 0.195
Market Cap C$ 7,238,797
Recent Sedar Documents

Cascadia Minerals lists on OTCQB Venture Market

2024-03-11 10:44 ET - News Release

Mr. Graham Downs reports

CASCADIA MINERALS LTD. COMMENCES TRADING ON THE OTCQB VENTURE MARKET IN THE UNITED STATES

Cascadia Minerals Ltd. has qualified for trading on the OTCQB Venture Market in the United States, operated by OTC Markets Group Inc. The company's common shares commenced trading today on the OTCQB Venture Market under the symbol CAMNF. Cascadia's common shares will continue to trade on the TSX Venture Exchange under the symbol CAM.

"We are pleased to commence trading on the OTCQB. There is significant interest in copper-gold exploration companies from U.S. investors, and trading on the OTCQB will improve our visibility and accessibility in the U.S.," stated president and chief executive officer Graham Downs. "We look forward to engaging a broader audience of investors as we continue to build on our brand-new porphyry discovery made in late 2023."

The OTCQB Venture Market offers investors transparent trading in entrepreneurial and development-stage U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. The OTCQB Venture Market quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. Investors can find real-time Level 2 quotes and market information at the OTC Markets website.

Cascadia continues to have full eligibility through Depository Trust Company (DTC), a subsidiary of Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the U.S. DTC eligibility reduces costs and accelerates the settlement process for U.S. investors and brokers.

About Cascadia Minerals Ltd.

Cascadia is a Canadian junior mining company focused on exploring for copper and gold in Yukon and British Columbia. Cascadia's flagship Catch property in Yukon hosts a brand-new copper-gold porphyry discovery, where inaugural drill results returned broad intervals of mineralization, including 116.6 metres of 0.31 per cent copper with 0.3 gram per tonne gold. Catch exhibits extensive high-grade copper and gold mineralization across a five-kilometre-long trend, with rock samples returning peak values of 3.88 per cent copper and 30 g/t gold.

In addition to Catch, Cascadia is conducting exploration work at its PIL property in British Columbia and the Sands of Time and Rosy properties in the Yukon, as well as additional early-stage regional projects. Cascadia has approximately 37 million shares outstanding, and its largest shareholders are Hecla Mining Company (19.6 per cent) and Barrick Gold (7.5 per cent).

The technical information in this news release has been approved by Andrew Carne, MEng, PEng, vice-president of corporate development for Cascadia, a qualified person for the purposes of National Instrument 43-101.

We seek Safe Harbor.

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