VANCOUVER, BC, June 23,
2022 /CNW/ - Finlay Minerals Ltd. (TSXV: FYL)
(OTCQB: FYMNF) ("Finlay" or the "Company") is
pleased to announce that it has qualified for trading on the
OTCQB® Venture Market in the
United States operated by the OTC Markets Group Inc. and
that the Company's common shares commenced trading today on the
OTCQB under the symbol "FYMNF". The Company's common shares
will continue to trade on the TSX Venture Exchange under the symbol
"FYL".
The Company further announces that concurrent to receiving
qualification to trade on the OTCQB® Venture Market, it
has also gained eligibility for electronic clearing and settlement
through the Depository Trust Company ("DTC") in the United States.
Robert Brown, President & CEO
of Finlay states:
"We are pleased that the trading of the Company's common
shares on the OTCQB and the access to DTC services will
enable Finlay to expand its US and global shareholder base, broaden
its visibility, and increase liquidity over time. We look
forward to the opportunities that this trading platform will
provide."
U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the Company on
www.otcmarkets.com.
About Finlay Minerals
Ltd.
Finlay is a TSX Venture Exchange company focused on exploration
for base and precious metal deposits in northern British Columbia.
Finlay Minerals Ltd. trades under the symbol "FYL" on the TSX
Venture Exchange and under the symbol "FYMNF" on the OTCQB. For
further information and details, please visit the Company's website
at www.finlayminerals.com
On behalf of the Board of
Directors,
Robert F. Brown, P. Eng.
President & CEO
Neither the 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.
Forward-Looking Information: This news
release includes certain "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
statements") within the meaning of applicable Canadian securities
legislation. All statements in this news release that address
events or developments that we expect to occur in the future are
forward-looking statements, including, without limitation,
statements regarding the anticipated benefits of OTCQB trading and
DTC eligibility. Forward-looking statements are statements
that are not historical facts and are generally, although not
always, identified by words such as "expect", "plan", "anticipate",
"project", "target", "potential", "schedule", "forecast", "budget",
"estimate", "intend" or "believe" and similar expressions or their
negative connotations, or that events or conditions "will",
"would", "may", "could", "should" or "might" occur. All such
forward-looking statements are based on the opinions and estimates
of management as of the date such statements are made. Although
Finlay believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those forward-looking
statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include market
prices, exploration results, availability of capital and financing,
general economic, market or business conditions, and the other risk
factors described in Finlay's filings with Canadian securities
regulators on SEDAR at www.sedar.com. These forward-looking
statements are based on a number of assumptions including, among
other things, assumptions regarding general business and economic
conditions, the timing and receipt of regulatory and governmental
approvals, the ability of Finlay and other parties to satisfy stock
exchange and other regulatory requirements in a timely manner, the
availability of financing for Finlay's proposed transactions and
programs on reasonable terms, and the ability of third party
service providers to deliver services in a timely manner. Investors
are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Finlay does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information,
future or otherwise, except as required by applicable law.
SOURCE Finlay Minerals Ltd.