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CALGARY - Alpha Exploration Ltd.(TSXV: ALEX) reported that further to notice received from the TSX Venture Exchange, 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 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.
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 km ?) 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.