Aldebaran Resources Commences Trading on OTCQX in the USA
June 28 2021 - 7:00AM
Aldebaran Resources Inc. ("Aldebaran" or the
"Company", TSX-V: ALDE, OTCQX: ADBRF) is pleased
to announce that the Company’s common shares commenced trading
today on the OTCQX® Best Market, a top tier public market in the
United States, under the symbol "ADBRF". Aldebaran will
continue to trade on the TSX Venture Exchange under the symbol
“ALDE”. U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the Company
at www.otcmarkets.com.
“We are pleased to welcome Aldebaran Resources
to the OTCQX Best Market,” said Chris King, Senior Vice
President of Corporate Services at OTC Markets Group.
“Aldebaran joins the growing number of Canadian companies that
choose to cross-trade their shares in the U.S. on OTCQX, leveraging
the market to efficiently distribute news and information and
providing easier access for U.S. investors to trade their
shares.”
John Black, Chief Executive Officer of
Aldebaran, commented as follows: “We
are very pleased to be trading on the OTCQX which will increase our
visibility and accessibility to our current and prospective U.S.
and global shareholders.”
B. Riley Securities acted as the Company's OTCQX
sponsor. B. Riley Securities, Inc. is a full-service
investment bank and subsidiary of B. Riley Financial, Inc., based
in Los Angeles with offices across the United
States, providing corporate finance, research, sales and trading
services.
For further information, please consult
our website at
www.aldebaranresources.com or
contact:
Laura BrangwinInvestor Relations ManagerPhone:
+1 646 583-1404 Email: laura.brangwin@aldebaranresources.com
About Aldebaran Resources
Inc.
Aldebaran is a mineral exploration company that
was spun out of Regulus Resources Inc. in 2018 and has the same
core management team. Aldebaran acquired the Rio Grande copper-gold
project located in Salta Province, Argentina from Regulus along
with several other early-stage projects in Argentina. Aldebaran
also has the right to earn up to an 80% interest in the Altar
copper-gold project in San Juan Province, Argentina from Sibanye
Stillwater Limited. The Altar project hosts multiple porphyry
copper-gold deposits with potential for additional discoveries.
Altar forms part of a cluster of world-class porphyry copper
deposits which includes Los Pelambres (Antofagasta Minerals), El
Pachon (Glencore), and Los Azules (McEwen Mining). A total of 259
drill holes (119,052 m) have been completed at Altar between
1995 and 2019. In March 2021 the Company announced an updated
mineral resource estimate for Altar, prepared by Independent Mining
Consultants Inc. and based on the drilling completed up to and
including 2020. Aldebaran’s primary focus is the Altar project with
a view to discovering new zones with higher-grade
mineralization.
Neither the TSX Venture Exchange, nor its
Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
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