Ascot Resources to List on the Toronto Stock Exchange
September 30 2019 - 8:00AM
Ascot Resources Ltd. (TSX.V: AOT; OTCQX:
AOTVF) (“
Ascot” or the
“
Company”) is pleased to announce that its common
shares have been approved for listing on the Toronto Stock Exchange
(the "TSX") and will commence trading on the TSX at the opening of
market on October 1, 2019. Concurrent with the TSX listing, the
common shares of Ascot will be de-listed from the TSX Venture
Exchange. Ascot's trading symbol will remain "AOT".
"We are very pleased to have reached this milestone as a
company. As we continue to advance our Premier Gold and Red
Mountain projects, graduating to the TSX is expected to provide
greater visibility, provide increased access to capital and enhance
liquidity for our shareholders", said Derek White, President and
Chief Executive Officer of Ascot.
ON BEHALF OF THE BOARD OF DIRECTORS OFASCOT RESOURCES
LTD.
“Derek C. White”, President and
CEO
For further information contact:Kristina Howe
VP, Investor Relations 778-725-1060 / khowe@ascotgold.com
About Ascot Resources
Ltd. Ascot is a Canadian-based junior exploration
company focused on re-starting the past producing historic Premier
gold mine, located in British Columbia's Golden Triangle. The
Company continues to define high-grade resources for underground
mining with the near-term goal of converting the underground
resources into reserves, while continuing to explore nearby targets
on its Premier/Dilworth and Silver Coin properties (collectively
referred to as the Premier project). Ascot's acquisition of IDM
Mining added the high-grade gold and silver Red Mountain project to
its portfolio and positions the Company as a leading consolidator
of high- quality assets in the Golden Triangle.
The TSX Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Forward-looking StatementsThis news release
contains certain "forward-looking statements" within the meaning of
Canadian and United States securities legislation, including,
without limitation, statements with respect to the positive
impacts of graduating from the TSX Venture to the TSX, the
timelines for the development and growth of
the projects and the Company's objectives and strategies.
Forward-looking statements are statements that are not historical
facts which address events, results, outcomes or developments that
the Company expects to occur. Forward-looking statements are based
on the beliefs, estimates and opinions of the Company's management
on the date the statements are made and they involve a
number of risks and uncertainties. Consequently, there can be no
assurances that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Except as required by the
securities disclosure laws and regulations applicable to the
Company, the Company undertakes no obligation to update these
forward-looking statements if management's beliefs, estimates or
opinions, or other factors, should change.
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