Robert Eckford, CEO of Rua Gold, commented: “Graduating from the TSX is a significant milestone for Rua Gold. The uplisting will increase our visibility in the capital markets and enable us to attract key institutional and private investors as we continue to develop the Reefton Project and the Glamorgan Project in New Zealand.”
Rua Gold will remain a “reporting issuer” under applicable Canadian securities laws, and its common shares will also continue to be listed on the OTCQB under the symbol “NZAUF”. Shareholders are not required to take any action in connection with the TSX uplisting.
About Rua Goud
Rua Gold is an exploration company strategically focused on New Zealand. With decades of expertise, their team has successfully made major discoveries in world-class production mines on multiple continents. The team is focused on maximizing the asset potential of Rua Gold’s two promising high-grade gold projects.
The company controls the Reefton Gold District as the dominant landowner in the Reefton Goldfield in New Zealand’s South Island with more than 120,000 hectares of tenements, in a district that historically produced more than 2Moz of gold ranging from 9 to 50 g/ton.
The company’s Glamorgan Project strengthens Rua Gold’s position as the leading high-grade gold explorer in New Zealand’s North Island. This highly promising project is located in the Hauraki district of the Northern Isles, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation’s largest gold mining project, Wharekirauponga.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
This press release contains certain statements that may be deemed “forward-looking statements.” All statements in this press release, other than statements of historical fact, that relate to events or developments that the Company expects to occur are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “could”, “could”, “would” or “should” occur and specifically include statements regarding: the Company’s strategies, expectations, planned operations or future actions, including but not limited to exploration programs at its properties in New Zealand; the target listing date on the TSX and the delisting date on the TSX Venture Exchange. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Investors are cautioned that such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the operations, performance and results of the Company and its businesses and could cause actual events or results to differ materially from any estimated or anticipated events or results expressed or implied by any forward-looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks associated with the consequences of the war between Russia and Ukraine; risks associated with climate change; exploration operational risks, delays or changes in plans relating to exploration projects or capital expenditures; the actual results of ongoing exploration activities; conclusions of economic evaluations; changes in project parameters as plans are further refined; changes in labor and other costs and expenses or equipment or processes to function as expected, accidents, labor disputes and other risks of the mining industry, including but not limited to environmental hazards, floods or adverse operating conditions and losses, rebellion or war, delays in obtaining government approval or financing, and commodity prices. This list is not exhaustive of the factors that could affect the company’s forward-looking statements. Reference should also be made to the company’s documents filed under the SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.
Forward-looking statements are based on the beliefs, estimates and opinions of the company’s management on the date the statements are made. Except as required by applicable securities laws, the Company assumes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283786
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