Wellgreen Platinum Announces Graduation to the Toronto Stock Exchange
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PDFDecember 3, 2014, Vancouver, B.C., Wellgreen Platinum Ltd. (TSX-V: WG; OTC-QX: WGPLF) is pleased to announce that its common shares (the “Shares”) have been approved for listing on the Toronto Stock Exchange (the “TSX”). Effective at market opening on Thursday December 4, 2014, the Company’s Shares will commence trading on the TSX under the symbol “WG”. Concurrent with the TSX listing, Wellgreen Platinum’s Shares will be de-listed from the TSX Venture Exchange.
Greg Johnson, Wellgreen Platinum’s President and Chief Executive Officer, commented, “Graduating from the TSX Venture Exchange to the TSX senior board, Canada’s premier exchange, is a major milestone in the growth and development of Wellgreen Platinum and reflects the significant advancement of the Company’s flagship Wellgreen PGM-Ni-Cu project over the past two years. The TSX is recognized globally as a leading market for the resource industry and should provide Wellgreen Platinum with greater visibility, trading liquidity and broader access to the capital markets and investors.”
About Wellgreen Platinum
Wellgreen Platinum Ltd. is a Canadian mining exploration & development company focused on the active advancement of its 100% owned Wellgreen PGM-nickel-copper project toward production. Located in the Yukon Territory, Canada, the Wellgreen project is one of the largest undeveloped platinum group metals (PGM) deposits outside of southern Africa or Russia. The property is accessed from the paved Alaska Highway leading to deep sea ports in Haines and Skagway, Alaska.
The Company is led by a highly-experienced management team with a track record of value creation through successful large scale project discovery, development, operation and financing. Our goal is to develop the Wellgreen project into a significant global PGM and nickel producer.
Wellgreen Platinum Contacts:
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Greg Johnson Chris Ackerman |
1-888-715-7528 [email protected] |
Further information about the Company and our projects can be found at www.wellgreenplatinum.com.
Forward Looking Information: This news release includes certain information that may be deemed “forward-looking information”. Forward-looking information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. All information in this release, other than information of historical facts, including, without limitation, the completion of an updated PEA, the initiation or completion of a pre-feasibility study, future exploration and development of the Wellgreen project or any of the Company’s other Canadian projects, the potential of the Wellgreen project, engineering and mine planning, and general future plans and objectives for the Wellgreen project, are forward-looking information that involve various risks and uncertainties. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information. Forward-looking information is based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from the forward-looking information include changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, the Company’s ability to maintain the support of stakeholders necessary to develop the Wellgreen project, unanticipated environmental impacts on operations and costs to remedy same, and other risks detailed herein and from time to time in the filings made by the Company with securities regulatory authorities in Canada. Mineral exploration and development of mines is an inherently risky business. Accordingly, actual events may differ materially from those projected in the forward-looking information. For more information on the Company and the risks and challenges of our business, investors should review our annual filings which are available at www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward looking information, except in accordance with applicable securities laws.
“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.”
