Toronto, Ontario – (Newsfile Corp. – June 21, 2021) – US Copper Corp (“American copper“or the”Company“) (TSXV: USCU) (OTCQB: USCUF) (FSE: C730) is pleased to announce that it has received approval to begin trading its common shares on the OTCQB market of OTC Markets Group in the United States. United under the symbol âUSCUF.â The common shares of the Company will begin trading on the OTCQB on June 22, 2021. The OTCQB market is a leading market for US and international start-up and developing companies. are committed to providing a high quality trading and information experience for US investors Investors can find real-time quotes and market information of companies listed on the OTCQB on the OTC Markets website.
US Copper will also continue to trade on the TSX Venture Exchange under its symbol USCU as well as on BORSE in Frankfurt, Germany under its symbol C730.
Company CEO Stephen Dunn said, âWe have added the OTCQB listing to improve transaction liquidity for our current and future US shareholders, and to strengthen our profile in this key market. Obtaining this rating is a key step in the advancement of our Moonlight-Superior. Copper Project and is particularly timely as we continue to see exceptional strength in the copper market and corresponding investor interest. “
B. Riley Securities acted as OTCQB sponsor of the Company. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of Los Angeles-based B. Riley Financial, Inc. with offices across the United States, providing corporate finance services , research, sales and negotiation.
About US Copper Corp
US Copper controls approximately 13 square miles of patented and unpatented federal mining claims in the Light’s Creek Copper District, Plumas County, northeast California; essentially, the whole District. The district contains substantial copper (silver) sulphide and copper oxide resources in three deposits – Moonlight, Superior and Engels, as well as several partially tested and untested exploration targets.
The Superior and Engels mines were operated from around 1915 to 1930, producing over 161 million pounds of copper from over 4 million tonnes of rock containing 2.2% copper with credits of silver and gold.
The Moonlight deposit was discovered and drilled by Placer Amex in the 1960s. Resource details on the US Copper property and the parameters used to calculate them can be found in the “Technical Report and Preliminary Economic Assessment for the Moonlight Deposit,” Moonlight-Superior Copper Project, California, USA âdated April 12, 2018, on both the Company’s website at www.uscoppercorp.com or on www.sedar.com under the US Copper Corp. profile.
Mr. George Cole is the Qualified Person under NI 43-101 responsible for the technical information contained in this press release and has reviewed and approved this press release.
For more information contact:
Mr. Stephen Dunn, President, CEO and Director, US Copper Corp (416) 361-2827 or by email at [email protected].
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 press release.
This press release contains forward-looking statements within the meaning of applicable Canadian and United States securities laws and regulations, including statements regarding the future activities of the Company. Forward-looking statements reflect the current beliefs and expectations of management and are identified by the use of words such as “will”, “hopes”, “plans”, “expects”, “plans”, “expected”, ” intention âand other similar words. Actual results may differ significantly. Achievement of the results expressed in forward-looking statements is subject to a number of risks, including those described in the Company’s MD&A filed with Canadian securities regulatory authorities and available at www.sedar.com . Investors are cautioned not to place undue reliance on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88128
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