Mr. Jeffrey Wilson reports
PRECIPITATE ANNOUNCES NEW U.S. LISTING ON OTCQB VENTURE MARKETPLACE UNDER SYMBOL PREIF
Precipitate Gold Corp.'s common shares are now trading on the OTCQB Venture Marketplace, a United States trading platform that is operated by the OTC Markets Group in New York. The company's U.S. listing will trade on the OTCQB Venture under the symbol PREIF, while the company's Canadian listing will continue to trade on the TSX Venture Exchange under the symbol PRG.
Jeffrey Wilson, president and chief executive officer, stated: "Listing on the OTCQB Venture is part of a growing strategy to introduce the company to a broader investor audience and heighten Precipitate's overall trading opportunities. The company's recent announcement of its transaction with Barrick Gold Corp. (see news release dated April 14, 2020), combined with rising investor interest in gold and gold equities, has generated increased attention from U.S. investors. Trading on the OTCQB will help enhance liquidity by providing current and future U.S.-based investors with a more transparent and efficient trading platform."
Shareholders of existing U.S.-listed Precipitate shares previously traded on the OTC Pink Open Market will now trade on the OTCQB without any further action required by shareholders.
The OTCQB Venture is the premier marketplace for entrepreneurial and development-stage U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB Venture quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
About Precipitate Gold Corp.
Precipitate Gold is a mineral exploration company focused on exploring and advancing its mineral property interests in the Pueblo Viejo mining camp and Tireo gold trend of the Dominican Republic. The company is actively exploring its 100-per-cent-owned Ponton and Juan de Herrera projects.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.