Crosshair Begins Trading on OTCQB Under the Symbol "CRHRF"
01 July 2013 - 8:30PM
Marketwired
Crosshair Energy Corporation (TSX:CXX)(OTCQB:CRHRF) ("Crosshair" or
the "Company") announces that its common stock will begin trading
today, Monday, July 1, 2013, on the OTC Markets Group's OTCQB
Marketplace ("OTCQB") under the symbol "CRHRF". Further to the
Company's news release of June 7, 2013, a Form 25 was filed with
the U.S. Securities and Exchange Commission on Tuesday, June 18,
2013 and the Company was subsequently delisted from the NYSE MKT
exchange pre-market open today, Monday, July 1, 2013. Associated
with the move to OTCQB, Crosshair has opted to subscribe to the
Exchange's Real-Time Level 2 Quote Display Service so that
investors and market participants will be able to view real-time
stock quotes and the available liquidity for Crosshair at
www.otcmarkets.com. Crosshair continues to be listed under the
symbol "CXX" on the Toronto Stock Exchange, Canada's premier stock
exchange.
About Crosshair
Crosshair is active in the exploration and development of
uranium and vanadium projects in North America. Its CMB
Uranium/Vanadium Project, located in Labrador, Canada, has four
currently defined resources - C Zone, Area 1, Armstrong and Two
Time Zone. The Crosshair team is composed of knowledgeable and
experienced professionals with global experience in exploration,
mining and corporate finance that are committed to operating in an
environmentally responsible manner.
ON BEHALF OF THE CROSSHAIR BOARD
Mark J. Morabito, EXECUTIVE CHAIRMAN
Cautionary Note Regarding Forward-Looking Information
Information set forth in this news release may involve
forward-looking statements under applicable securities laws.
Forward-looking statements are statements that relate to future,
not past, events. In this context, forward-looking statements often
address expected future business and financial performance, and
often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or
event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. Forward-looking statements or
information relate to, among other things, the exploration
potential of the Company's properties. By their nature,
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following
risks: the risks associated with outstanding litigation, if any;
risks associated with project development; the need for additional
financing; operational risks associated with mining and mineral
processing; fluctuations in uranium and other commodity prices;
title matters; environmental liability claims and insurance;
reliance on key personnel; the potential for conflicts of interest
among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the
volatility of our common share price and volume; tax consequences
to U.S. shareholders and other risks and uncertainties, including
those described in the Risk Factors section in the Company's Annual
Report on Form 20-F for the financial year ended April 30, 2012
filed with the Canadian Securities Administrators and available at
www.sedar.com. Forward-looking statements are made based on
management's beliefs, estimates and opinions on the date that
statements are made and the Company undertakes no obligation to
update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required
by law. Investors are cautioned against attributing undue certainty
to forward-looking statements.
Contacts: Crosshair Energy Corporation Investor Relations
604-681-8030 x240 604-681-8039 (FAX)info@crosshairenergy.com
www.crosshairenergy.com
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