Vancouver, British Columbia, August 25, 2021 (GLOBE NEWSWIRE) – Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the “Company” or “Headwater”) is pleased to announce that it has qualified to trade on the OTCQB Venture market in the United States operated by OTC Markets Group Inc. and that the common shares of the Company began to trade under the symbol “HWAUF”. The Company has further guaranteed Depository Trust Company (“DTC”) eligibility for its common shares traded in the United States. The Company’s common shares continue to trade on the Canadian Securities Exchange (the “CSE”) under the symbol “”HWG”.
Caleb Stroup, President and CEO of Headwater Gold, said: “Signing up for OTCQB with DTC eligibility marks an important milestone for the company. This listing will allow the Company to expand our shareholder base in the United States, as well as promote greater liquidity as we continue an aggressive exploration campaign on our portfolio of 100% owned properties in the West. the United States “.
About the OTCQB
The OTCQB offers early stage and developing US and international companies the benefits of being publicly traded in the United States.
US investors can find current financial information and real-time Level 2 quotes for the Company at www.otcmarkets.com. The Company’s listing on the CSE and trading of its shares on the OTCQB contributes to a greater global presence and offers investors privileged access to trading.
About the Depository Trust Company
The Depository Trust Company is a subsidiary of The Depository Trust & Clearing Corporation and manages electronic clearing and settlement of listed companies. Securities eligible for electronic clearing and settlement through DTC are considered “DTC eligible”. This electronic method of securities clearing speeds up the receipt of shares and cash, thereby speeding up the settlement process for investors trading the Company’s shares on the OTCQB.
About Headwater Gold
Headwater Gold Inc. is a technical mineral exploration company focused on the exploration of high grade precious metal deposits in the western United States. Headwater aggressively explores one of the best endowed and most mining friendly jurisdictions in the world with the goal of making world class precious metal discoveries. Headwater has an extensive portfolio of epithermal vein exploration projects and a technical team of experienced geologists with diverse experience in capital markets, junior companies and large mining companies. The Company is well funded and systematically drills several of its 100% owned projects in Nevada, Idaho and Oregon.
For more information, please visit the Company’s website at www.headwatergold.com.
On behalf of the board of directors
President and CEO
For more information, please contact:
Investor Relations Manager
+1 (778) 867-5016
This press release includes certain forward-looking statements and information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding future capital expenditures, expected content, commencement and cost of exploration programs at with respect to the Company’s mining projects and properties, and the Company’s business plans and anticipated schedule of future activities, are forward-looking statements. While the Company believes these statements to be reasonable, it cannot guarantee that these expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as “pro forma”, “plans”, “expect”, “may”, “should”, “budget”, “planned”, “estimates”, “foresees”, “intends”, “anticipates”, “believes”, “potential” or variations of these words, including negative variations thereof, and phrases referring to certain actions, events or results that may, could, could, could or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to occur. of the Company differ materially from any future results, performance or achievements expressed or implied by forward-looking statements. These risks and other factors include, but are not limited to, statements regarding expected business plans and timing of activities. the Company’s future, including the Company’s exploration plans. proposed expenditures for exploration work on this subject, the Company’s ability to obtain sufficient financing to finance its business activities and plans, delays in obtaining government and regulatory approvals (including from the Bourse des Canadian securities), permits or financing, changes in laws, regulations and policies affecting mining operations, the Company’s limited operating history, currency fluctuations, title disputes or claims, environmental issues and responsibilities, as well as the factors discussed under the heading “Risk Factors” in the Company’s prospectus dated May 26, 2021 and other documents filed by the Company with the Canadian Securities Administrators, copies of which are can be found under the Company’s profile on the SEDAR website at www.sedar.com.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company assumes no obligation to update forward-looking statements, except as required by law.