(TSX-V: TORC) (OTCQB: TORCF)
VANCOUVER, BC, August 17, 2022 /CNW/ – TinOne resources. Inc. (TSXV: TORC) (OTCQB: TORCF) (FRA: 57Z0) (“TinOne“or the”Company“) is pleased to announce that it has qualified to trade on the OTCQB® Venture Capital Marketplace in the United States, and its common shares now trade on the OTCQB under the symbol “TORCF”. TinOne will continue to trade on the TSX Venture Exchange in Canada under the symbol “TORC” and on the Frankfurt Stock Exchange under the symbol “57Z0”.
“TinOne’s entry on the OTCQB marks a new stage in the company’s growth,” said Chris Donaldson, Executive Chairman. “We are very excited to start trading on the OTCQB, which will increase TinOne’s exposure and liquidity by United States“.
TinOne is a Canadian public company listed on the TSX Venture Exchange with a portfolio of high quality tin projects in Tier 1 mining jurisdictions of Tasmania and New South Wales, Australia. The Company is focused on advancing its highly prospective portfolio while evaluating other tin opportunities. TinOne is backed by Inventa Capital Corp.
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.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this press release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “expect”, “may”, “should “, “could”, “appendix” and similar words or expressions, identify forward-looking statements or information. Such forward-looking statements or information relate to, among other things: the development of the Company’s projects, including drilling programs and the mobilization of drilling rigs; future mineral exploration, development and production; release of drilling results; and completion of a drilling program.
Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, value enhancement and capital markets profile of TinOne, future growth potential of TinOne and its business, and plans for exploration are based on management’s reasonable assumptions, estimates and expectations. , analyzes and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors which management deems relevant and reasonable in the circumstances, but which may differ turn out to be incorrect. Assumptions have been made regarding, among other things, the price of gold and other metals; no escalation in the severity of the COVID-19 pandemic; exploration and development costs; estimated development costs of exploration projects; TinOne’s ability to operate safely and efficiently and its ability to obtain financing on reasonable terms.
These statements reflect TinOne’s respective current views regarding future events and are necessarily based on a number of other assumptions and estimates which, while considered reasonable by management, are inherently subject to significant business uncertainties and contingencies, economic, competitive, political and social. Many factors, known and unknown, could cause actual results, performance or achievements to differ materially from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and TinOne has made assumptions and estimates based on or related to many of these factors. These factors include, but are not limited to: the Company’s ability to meet the continuous listing requirements of the marketplaces on which the Company’s securities are traded; the Company’s dependence on early-stage mining projects; metal price volatility; risks associated with the conduct of the Company’s mining activities in Australia; regulatory, consent or authorization delays; risks related to dependence on the Company’s management team and external contractors; risks related to mineral resources and reserves; the Company’s inability to obtain insurance covering all risks, whether on a commercially reasonable basis or at all; currency fluctuations; risks related to the inability to generate sufficient operating cash flow; risks related to project financing and share issues; the risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and the capital and operating costs of such projects; disputes over title deeds, in particular unbuilt title deeds; environmental, health and safety laws and regulations; the ability of the communities in which the Company operates to manage and deal with the implications of COVID-19; the economic and financial implications of COVID-19 for the Company; operational or technical difficulties related to mining or development activities; employee relations, social unrest or unavailability; the Company’s interactions with surrounding communities and artisanal miners; the Company’s ability to successfully integrate the acquired assets; the speculative nature of exploration and development, including the risks of declining quantities or grades of reserves; stock market volatility; conflicts of interest between certain directors and officers; lack of liquidity for the shareholders of the Company; litigation risk; and the factors identified under “Risk Factors” in TinOne’s management discussion and analysis. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although TinOne has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or predicted. TinOne does not intend, and undertakes no obligation, to update any such forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other event affecting such statements or information, unless applicable law requires it. .
SOURCE TinOne Resources Corp.
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