VANCOUVER, BC, Oct. 19, 2021 /CNW/ - Barsele Minerals Corp.
– (TSXV: BME) (the "Company" or "Barsele")
is pleased to announce that its common shares have commenced
trading on the OTCQB Venture Market ("OTCQB") in
the United States ("U.S.") under
the symbol "BRSLF". The Company's common shares will continue to
trade on the TSX Venture Exchange under the symbol "BME".
The OTCQB® is for earlier-stage and developing U.S. and
international companies. To be eligible, companies are required to
meet certain conditions including, filing of audited financial
statements, current disclosure requirements, a minimum bid price,
and submitting to an annual verification and management
certification process. The OTCQB Venture quality standards provide
greater transparency and disclosure, along with enhanced technology
features and regulation to improve the information accessibility
and trading capability for investors.
Barsele's President and CEO Gary
Cope states, "We are extremely happy with this new
achievement in the Company's development as we look forward to
expanding our reach into the U.S. Capital Markets. The OTCQB
platform will enable Barsele to access a larger investor base and
subsequently lead the Company to increased liquidity and
shareholders."
About the Barsele Project
The Barsele Project is located on the western end of the
Proterozoic "Skellefte Trend", a prolific volcanogenic massive
sulphide deposits belt, that intersects with the "Gold Line" in
Northern Sweden. Both polymetallic deposits and intrusive
hosted orogenic gold deposits are present in this region and on the
property. Current and past producers in the region include
Boliden, Kristineberg, Bjorkdal, Svartliden and Storliden.
About Barsele Minerals Corp.
Barsele is a Canadian-based junior exploration company managed
by the Belcarra Group, comprised of highly qualified mining
professionals. Barsele's main property is the Barsele Gold
Project in Västerbottens Län, Sweden, a joint venture with Agnico
Eagle. An amended NI 43-101 Technical Report on the Barsele
Project with an effective date of February
21, 2019, was filed on SEDAR on December 16, 2020.
On Behalf of the Board of
Directors
Gary Cope
President and CEO
Forward Looking Statements
Information set forth in this press release contains
forward-looking statements. These statements reflect management's
current estimates, beliefs, intentions and expectations; they are
not guarantees of future performance. The Company cautions that all
forward-looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond the Company's control. Such factors include,
among other things: risks and uncertainties relating to exploration
and development, the ability of the Company to obtain additional
financing, the need to comply with environmental and governmental
regulations, fluctuations in the prices of commodities, operating
hazards and risks, competition and other risks and uncertainties,
including those described in the Company's financial statements
available on www.sedar.com. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information.
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.
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SOURCE Barsele Minerals Corp.
