Business
Alpha Exploration Ltd. Announces Listing on the TSX Venture Exchange
CALGARY, October 29, 2021 – Alpha Exploration Ltd. (“Alpha”) is pleased to announce that, further to notice received from the TSX Venture Exchange (the “TSX-V”)
About this update from Alpha Exploration Ltd.
[{"type":"text","content":"CALGARY, October 29, 2021 – Alpha Exploration Ltd. (“Alpha”) is pleased to announce that, further to notice received from the TSX Venture Exchange (the “TSX-V”), its ordinary shares will begin trading on the TSX-V under the symbol “ALEX” at market open on November 1, 2021. In addition, holders of Alpha’s ordinary shares and preferred shares (together, “Alpha Shareholders”) have each approved a special resolution to amend Alpha’s memorandum and articles of association to include certain minimum protections to Alpha Shareholders in accordance with the listing requirements of the TSX-V. The amended memorandum and articles of association are available on Alpha’s SEDAR profile at www.sedar.com. About Alpha Alpha is a company focused on the discovery of world class economic gold & base metals deposits in the highly prospective Arabian-Nubian shield, that runs on either side of the Red Sea. Alpha currently holds a 100% interest in the large (1,028 km²) Kerkasha Exploration License in southwest Eritrea, located 135 km west-southwest of the capital city of Asmara. Since acquiring the property in January 2018, Alpha has spent approximately CAD$10 million on exploration and identified 18 prospects, of which 4 have been drilled to date. The large Anagulu gold-copper porphyry system was a virgin discovery by Alpha geologists in early 2018, that was made while executing a property-wide soil geochemical sampling program. The discovery diamond hole was drilled in January 2020 and reported a 49m interval with an average grade of 2.42 g/t gold, 1.10% copper and 6.83 g/t silver. Work continues at Anagulu, and 4 other prospects are expected to be drilled in the near future. Alpha is managed by a group of highly experienced and successful professionals with many years of experience carrying out exploration and resource development programs in Eritrea and Sudan. For further information go to the Alpha webpage at www.alpha-exploration.com or contact: Michael Hopley President and Chief Executive Officer Alpha Exploration Ltd. Email: [email protected] Tel: +44 207129 1148 Forward‐Looking Statements Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-look...