York Harbour To Commence Trading on the Canadian Securities Exchange
December 05, 2024 11:45 PM EST | Source: York Harbour Metals
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - YORK HARBOUR METALS INC. (TSXV: YORK) (OTCQB: YORKF) (the "Company" or "York Harbour") is pleased to announce that it has received final approval from the Canadian Securities Exchange (the "CSE") to list its common shares (the "Common Shares") effective upon market open on Monday, December 9, 2024 (the "Listing"). The Common Shares will trade under its current symbol "YORK". No actions are required by York Harbour's shareholders.
In connection with the Listing, the Common Shares will be delisted from the TSX Venture Exchange ("TSXV") after market close on Friday, December 6, 2024. Both the TSXV and CSE will issue bulletins announcing the change this week.
Corporate Updates
As announced by the Company in its news release dated September 25, 2024, the Company completed the first milestone of the option agreement with Firetail Resources Limited ("Firetail"). Firetail holds an option to earn up to an additional 31% undivided interest in the Company's Copper Zinc-Silver Project in Newfoundland and Labrador which can be exercised in installments over a three year period (the "Transaction"). Since the remaining milestones are not yet exercised, the Company does not intend to seek final acceptance of the Transaction with the TSXV.
The Company also announces the withdrawal of the debt settlement transaction that was previously disclosed in its news release dated August 21, 2024, involving certain arm's length third parties and three of the Company's directors.
About York Harbour Metals
York Harbour Metals Inc. is a mineral exploration and development company focused on high-grade projects in Newfoundland. The Company has recently closed the first milestone of an Option Agreement with Firetail Resources Limited on the York Harbour Copper-Zinc-Silver Project, located approximately 27 km from Corner Brook, Newfoundland. Additionally, York Harbour holds a 100%-interest in the Bottom Brook Rare Earth Elements Project, covering 15,150 hectares, situated next to the Trans-Canada Highway and only 27 km from a deep-water port at Turf Point, Newfoundland.
Forward-Looking Statements:
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Such forward looking statements in this news release include, but are not limited to, statements regarding the trading of the Common Shares on the CSE. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements, including the risks that the Common Shares may not become listed on the CSE. Important factors that could cause actual results to differ materially from the Company's expectations include the results of further exploration and testing, and other risks detailed from time to time in the filings made by the Company with securities regulators, available at http://www.sedarplus.ca/.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
No securities regulatory authority or stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232735
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