GGX Gold Is Expanding its Marketing Programs
USA Trading Symbol is GGXXF
Vancouver, British Columbia (FSCwire) - GGX Gold Corp. (TSXV: GGX), (OTC Pinks: GGXXF), (the "Company" or "GGX") today announced that the Financial Industry Regulatory Authority (FINRA) has approved a change of the trading symbol of the Company's common stock in the United States. Effective today, the company's new OTC symbol will be "GGXXF".
Information such as stock trading and market data, related to GGX will be reported under the new ticker symbol. The previous US trading symbol was "RVLLF" (OTC Pinks: RVLLF). The US symbol "RVLLF" was the stock symbol for Revolver Resources which was the predecessor company to GGX. No action is required from existing shareholders in connection with the change, and no change has been made to the Company's share capital.
"Our exposure to the US market will provide GGX with increased visibility with U.S investors and more efficient access to our Company's information for their investment decisions," said Barry Brown, CEO of GGX Gold Corp. "It is anticipated that, in time, all of our shareholders should benefit from the increased exposure, broadening of our shareholder base, and improved liquidity."
The company is in the final stages of obtaining an upgraded OTC listing on the OTCQB. The company has met all the OTCQB eligibility requirements but is awaiting clarification of the DTC eligibility process from its transfer agent Computershare before it lists on the OTCQB.
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GGX's Gold Drop property covers geologically prospective ground in the well-mineralized Greenwood Mining Division in British Columbia Canada. The property hosts numerous low-sulfide, gold and silver bearing quartz veins or vein systems, four of which were previously mined (Gold Drop, North Star, Amandy and Roderick Dhu veins). On July11th the company announced the commencement of its 2017 drilling program targeting the COD vein in the Gold Drop Southwest zone. To date 200 meters of trenching has since exposed over 160m of vein. There are 15 proposed drill holes targeting the vein from 5 drill pads at various locations along the long trench.The drill has been successfully mobilized to the first drill pad and drilling has begun.
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On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
Investor Relations:
Mr. Jack Singh: 604-720-6598 E-mail: ir@ggxgold.com
"We don't have to do this, we get to do this" The GGX Team
Forward Looking Information
This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, the Company's information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or developed at the Gold Drop Property. Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
Neither 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.
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