Vancouver, British Columbia–(Newsfile Corp. – June 21, 2018) – Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTCQB: SXNTF) (the “Company” or “Sixty North Gold”) is pleased to announce that its common shares will commence trading on the OTCQB® Venture Market in the United States under the symbol “SXNTF” effective Thursday, June 21, 2018.
“The approval to trade on the OTCQB, in conjunction with our Frankfurt listing, will increase our visibility with investors in key markets of the USA and Europe,” said Ronald Handford, CEO of Sixty North Gold.
The OTCQB Venture Market is for early-stage and developing U.S. and international companies. 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 quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
Sixty North Gold will continue to trade on the Canadian Securities Exchange (CSE) under its existing symbol “SXTY” as well as the Frankfurt Exchange under the symbol “2F4”.
New Incentive Share Options
The Company has granted incentive stock options to various directors, officers and consultants to purchase up to 1,035,000 common shares exercisable on or before June 20, 2023, at a price of $0.20 per share.
About the Company
The Company is engaged in acquisition, exploration and development of mineral properties. Its principal target is the exploration for gold on the Mon Gold Property, 40 km north of Yellowknife, NWT. The Mon Gold Property consists of 11 contiguous mining leases and 3 mineral claims, comprising an aggregate 1,536.92 acres, located in the South MacKenzie Mining District, NWT. For more information, please refer to the Company’s Prospectus dated January 19, 2018, available on SEDAR (www.sedar.com), under the Company’s profile.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Executive Officer and Director
Statements about the Company’s future expectations and all other statements in this press release other than historical facts are “forward looking statements”. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Further details about the risks applicable to the Company are contained in the Company’s Prospectus dated January 19, 2018 available on SEDAR (www.sedar.com), under the Company’s profile.
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.