Business
ALLEGIANT to Begin Trading on OTCQX
VANCOUVER, British Columbia, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Allegiant Gold Ltd. (“ALLEGIANT”) (TSX-V:AUAU) is pleased to announce that its common shares will
About this update from A2 Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Allegiant Gold Ltd. (“ALLEGIANT”) (TSX-V:AUAU) is pleased to announce that its common shares will begin trading on the OTCQX under the trading symbol “AUXXF” on Monday, February 26. In addition, the common shares of ALLEGIANT trading on the OTCQX are DTC eligible. The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications. The common shares of ALLEGIANT are eligible to be electronically cleared and settled through The Depository Trust Company (“DTC”). This electronic method of clearing securities reduces costs, risks, and boost efficiencies in the marketplace by providing end-of-day net settlement obligations for trades in the United States. ALLEGIANT’s common shares continue to trade on the TSX Venture Exchange under the trading symbol “AUAU”. About ALLEGIANT ALLEGIANT is led by CEO Andy Wallace, who is credited with discovering a number of multi-million-ounce gold mines in Nevada. ALLEGIANT owns 14 highly-prospective drill-ready gold projects in the United States, 11 of which are located in the mining-friendly jurisdiction of Nevada, and has announced plans to drill 10 projects, including its flagship Eastside gold project. A drill program is currently underway at Eastside and is focused on resource expansion at the Original Zone, an area within Eastside, which hosts a pit-constrained inferred resource totaling 721,000 gold equivalent ounces1 (35,780,000 tons grading 0.63g/t gold equivalent). In addition to the Original Zone deposit, Eastside hosts numerous additional exploration targets and historical resources of 272,153 ounces gold2 (11,177,761 tons grading 0.82g/t gold). Further information regarding ALLEGIANT's projects and ALLEGIANT's board and management team can be found by visiting www.allegiantgold.com. ON BEHALF OF THE BOARD, Robert F. Giustra Chairman For more information contac...