OTC Markets Group Welcomes Horizon Copper Corp. to OTCQX
April 04 2024 - 7:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Horizon Copper Corp. (“Horizon Copper” or “Horizon”)
(TSX-V: HCU; OTCQX: HNCUF), a copper company with a portfolio of
high-quality copper assets, has qualified to trade on the OTCQX®
Best Market.
Horizon Copper begins trading today on OTCQX under the symbol
“HNCUF.” U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S. investors.
For companies listed on a qualified international exchange,
streamlined market standards enable them to utilize their home
market reporting to make their information available in the U.S. To
qualify for OTCQX, companies must meet high financial standards,
follow best practice corporate governance and demonstrate
compliance with applicable securities laws.
“2024 is expected to bring several growth catalysts for Horizon
Copper,” commented Erfan Kazemi, Horizon’s President & CEO.
“With our diversified portfolio of high-quality copper assets,
interest in Horizon among the investment community continues to
increase. The upgrade to OTCQX is the next step in providing better
access to Horizon for investors and shareholders in the United
States.”
B. Riley Securities Inc. acted as the company’s OTCQX
sponsor.
About Horizon Copper Corp.Horizon Copper is a
premier copper company holding a portfolio of unparalleled copper
assets including a 30% interest in the copper-gold Hod Maden
project, exposure to the Oyu Tolgoi copper mine through a 25%
equity ownership in Entrée Resources Ltd., and a 1.66% net profits
interest on the Antamina copper mine. Horizon plans to actively
grow its portfolio of assets with a focus on copper projects.
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
U.S. and international securities. Our data-driven disclosure
standards form the foundation of our three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide
critical market infrastructure that broker-dealers rely on to
facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
Cautionary Note Regarding Forward-Looking
InformationThis press release contains forward-looking
information within the meaning of Canadian securities laws.
Although Horizon Copper believes that such information is
reasonable, it can give no assurance that such expectations will
prove to be correct. Forward-looking information is typically
identified by words such as: “believe”, “expect”, “anticipate”,
“intend”, “estimate”, “postulate” and similar expressions, or are
those, which, by their nature, refer to future events. Horizon
Copper cautions investors that any forward-looking information
provided by Horizon is not a guarantee of future results or
performance and that actual results may differ materially from
those in forward-looking information as a result of various
factors, including, but not limited to Statements related to the
expectation that trading on OTCQX will enhance the visibility and
accessibility of Horizon Copper to U.S. investors; the future price
and demand of gold, copper, and other metals, the estimation of
mineral reserves and resources, realization of mineral reserve
estimates, the timing and amount of estimated future production,
the future annual cash flows, development timelines, and enterprise
value for the Horizon Copper and changes to production guidance;
and other risks and factors that the Horizon Copper is unaware of
at this time. The forward-looking statements contained in this
press release are made as of the date of this press release.
Horizon Copper 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 required by law.
The securities referred to in this press release have not been, nor
will they be, registered under the United States Securities Act of
1933, as amended, and may not be offered or sold within the United
States or to, or for the account or benefit of, U.S. persons absent
U.S. registration or an applicable exemption from the U.S.
registration requirements. Horizon Copper assumes no obligation to
update forward-looking statements except as required under
securities laws. Further information concerning risks, assumptions
and uncertainties associated with these forward-looking statements
and our business can be found in Horizon’s Annual Information Form
for the year ended December 31, 2023, filed under Horizon Copper’s
profile on SEDAR+ (www.sedarplus.ca), as well as subsequent filings
that can also be found under the Horizon Copper’s profile.
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