Vancouver, Canada – TheNewswire – January 15, 2021 – Sitka Gold Corp. (“Sitka” or the “Firm”) (CSE:SIG) (CNSX:SIG.CN) (FSE:1RF) (OTC:SITKF) is is happy to announce that the Firm’s frequent shares have begun buying and selling on the OTCQB Enterprise Market (“OTCQB”) efficient right now underneath the ticker image SITKF. B. Riley Securities acted because the Firm’s OTCQB sponsor. B. Riley Securities, Inc. is a full-service funding financial institution and subsidiary of B. Riley Monetary, Inc., primarily based in Los Angeles with workplaces throughout the USA, offering company finance, analysis, gross sales and buying and selling companies.
“As a gold, silver and copper targeted exploration firm with a portfolio of tasks situated throughout North America, and extra particularly, in Nevada, Arizona, Yukon and Nunavut, it was a logical step for Sitka to listing on the OTCQB,” mentioned Cor Coe, CEO and Director of Sitka. “Our itemizing on the OTCQB will assist to extend Sitka’s visibility and accessibility to a rising viewers of U.S. traders because the Firm advances its a number of gold, silver and copper tasks. On that be aware, the Firm simply obtained drill permits for its newly staked declare block on the Alpha Gold property in Nevada and anticipates mobilizing a drill rig to check a newly recognized Carlin-style gold deposit goal there within the subsequent few weeks.”
Concerning the OTCQB
The OTCQB gives growing Canadian firms the advantages of being publicly traded within the U.S. with decrease price and complexity than a U.S. alternate itemizing. Streamlined market requirements allow Canadian firms to offer a powerful baseline of transparency to tell and interact U.S. traders. To be eligible, Canadian firms have to be present of their SEDAR reporting and endure an annual verification and administration certification course of.
As a verified market with environment friendly entry to U.S. traders, the OTCQB helps Canadian firms construct shareholder worth with a objective of enhancing liquidity and reaching truthful valuation. Consequently, extra Canadian firms are traded on OTC Markets than on New York Inventory Trade, New York Inventory Trade Market Nasdaq mixed. The important thing advantages of buying and selling on the OTC Markets consists of environment friendly market requirements, transparency and visibility. Corporations could leverage their SEDAR disclosure (SEC Trade Act Rule 12g3-2(b)). There are not any Sarbanes-Oxley and SEC Reporting necessities to commerce on OTCQB, bypassing burdensome, pricey and duplicative NYSE and Nasdaq itemizing necessities.
OTCQB is acknowledged by the SEC as a longtime public market. OTCQB firms present present firm info and meet monetary requirements that allow brokers to extra simply quote and commerce a safety. Corporations have interaction a far larger community of U.S. traders, information distributors and media companions, guaranteeing U.S. traders have entry to the identical high-quality info that’s accessible to traders in Canada, however by way of U.S. platforms and portals to conduct analysis.
About Sitka Gold Corp.
Sitka Gold Corp. is a mineral exploration firm headquartered in Canada and managed by a staff of skilled mining business professionals. The Firm is concentrated on exploring for economically viable mineral deposits with its main emphasis on gold, silver and copper mineral properties of benefit. Sitka presently has an possibility to accumulate a 100% curiosity within the RC, Barney Ridge, Clear Creek and OGI properties in Yukon and the Burro Creek Gold property in Arizona. Sitka owns a 100% curiosity in its Alpha Gold property in Nevada, it’s Mahtin Gold property within the Yukon and it’s Coppermine River undertaking in Nunavut. Administrators and Administration personal roughly 15% of the excellent shares of Sitka Gold Corp., a stable indication of their alignment with shareholders’ pursuits.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
President and Director
For extra info contact:
President & Director
CEO & Director
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