West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQX: WRLGF) is pleased to announce that it has qualified to trade on the OTCQX® Best Market.
West Red Lake Gold Mines begins trading today on the OTCQX under the symbol ‘WRLGF’. Investors based in the United States can find current financial information and real-time Level 2 quotes for the company at www.otcmarkets.com.
The OTCQX market is designed for established, investor-oriented US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best corporate governance practices and demonstrate compliance with applicable securities laws. Graduating from the OTCQX market marks an important milestone for companies, allowing them to demonstrate their qualifications and build visibility among US investors.
“We welcome this promotion to the OTCQX, a platform that will provide investors with greater access to West Red Lake Gold,” said Shane Williams, President and CEO. “We are in sight of commercial production at the Madsen mine and are excited to transition from gold developer to gold producer in 2026.”
About West Red Lake Gold Mines LTD.
West Red Lake Gold Mines Ltd. is a publicly traded gold exploration and development company focused on its flagship Madsen Gold Mine and associated 47 km2 land package in Ontario’s Red Lake Gold District. The highly productive Red Lake Gold District has produced more than 30 million ounces of gold from high-grade zones and is home to some of the world’s richest gold deposits. WRLG is also developing its wholly owned Rowan Property towards production as an additional gold mining operation in Red Lake.
ON BEHALF OF West Red Lake Gold Mines LTD.
“Shane Williams”
Shane Williams
President and CEO
FOR MORE INFORMATION PLEASE CONTACT:
Gwen Preston
Vice President Communications
Phone: (604) 609-6132
E-mail: investors@wrlgold.com or visit the company’s website at https://www.westredlakegold.com
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.
CAUTIONARY STATEMENTS AND FORWARD-LOOKING INFORMATION
Certain statements in this press release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate,” “expect,” “estimate,” “predict,” “planned” and similar expressions suggesting future outcomes or events. Forward-looking information is based on management’s current expectations; however, it is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking information contained in this press release and include, without limitation, statements regarding the potential production from mining operations at the Madsen Mine; any untapped growth potential in the Madsen deposit or Rowan deposit; and the company’s future objectives and plans. Readers are cautioned not to place undue reliance on forward-looking information.
Forward-looking information involves numerous risks and uncertainties and actual results may differ materially from those suggested in forward-looking information. These risks and uncertainties include, but are not limited to, market volatility; the condition of the financial markets for the company’s securities; fluctuations in commodity prices; and changes to the company’s business plans. Forward-looking information is based on a number of important expectations and assumptions, including, but not limited to, that the company will continue to achieve its stated business objectives and its ability to raise additional capital to continue operating. Although the Company’s management has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Additional information regarding risks and uncertainties is included in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2024, and the Company’s Annual Information Form for the year ended December 31, 2024, copies of which are available on SEDAR+ at www.sedarplus.ca.
The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management’s current beliefs and is based on information currently available to the company. The forward-looking information is made as of the date of this press release and the Company undertakes no obligation to update or revise such information to reflect new events or circumstances, except as required by applicable law.
For more information about the company, investors should consult the company’s ongoing disclosure filings, which are available on SEDAR+ at www.sedarplus.ca.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d6e7b2a8-26a7-48d8-8441-ffb9b9b8c9d8
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