/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE U.S./
Meridian starts trading under the ticker MRRDF
on the OTCQB Board
LONDON, July 14, 2021 /CNW/ - Meridian Mining UK S
(TSXV: MNO) (Frankfurt: 2MM)
(OTCQB: MRRDF) ("Meridian" or the "Company") is pleased to report
that its shares will commence trading today on the OTCQB® ('OTCQB
Market') in New York, United States of America, under the ticker
symbol MRRDF. Meridian's Ordinary Shares will continue to trade on
the Toronto Stock Exchange Venture exchange under the symbol MNO
and are fully fungible.
Mr Gilbert Clark, Executive
Chairman of Meridian said: "Our shares trading on the OTCQB Market
in the U.S. marks another important step in our strategic plan to
further provide the Company with access to a broader base of
American and international retail and institutional investors,
ultimately providing investors with increased liquidity through a
broader market. I would like to thank B. Riley Securities as they
acted as our OTC sponsor in assisting the Company with this OTCQB
Market submission."
Jonathan Dickson, VP of
International Corporate Services at OTC Markets, said: "We are
delighted to welcome Meridian Mining to the OTCQB Venture
Market. With its primary listing remaining on the TSX-V, the
OTCQB Market's cross trading facility will allow Meridian to
broaden its horizons and provide investors in the United States with the ability to access
the Company's Ordinary Shares in U.S. dollars and during U.S.
market hours."
On behalf of the Board of Directors of Meridian Mining UK S
Mr Gilbert Clark
Executive Chairman
Meridian Mining UK S
Email: info@meridianmining.net.br
Ph: +1 (778) 715-6410 (PST)
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https://twitter.com/MeridianMining
Further information can be found at www.meridianmining.co
ABOUT MERIDIAN
Meridian Mining UK S is focused on the acquisition, exploration
and development activities in Brazil. The Company is currently focused on
resource development of the Cabaçal VMS Copper-Gold project,
exploration in the Jaurú & Araputanga Greenstone belts located
in the state of Mato Grosso;
exploring the Espigão polymetallic project and the Mirante da Serra
manganese project in the State of Rondônia Brazil.
Meridian Mining UK S (OTCQB: MRRDF) trades on the OTCQB Venture
Market for early stage and developing U.S. and international
companies. Companies are current in their reporting and undergo an
annual verification and management certification process. Investors
can find Real-Time quotes and market information for the company on
www.otcmarkets.com.
Meridian Mining UK S www.otcmarkets.com/stock/MRRDF/quote
FORWARD-LOOKING STATEMENTS
Some statements in this news release contain forward-looking
information or forward-looking statements for the purposes of
applicable securities laws. These statements include, among others,
statements with respect to the Company's plans for exploration,
development and exploitation of its properties and potential
mineralisation. These statements address future events and
conditions and, as such, involve known and unknown risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the statements. Such risk factors include, among others,
failure to obtain regulatory approvals, failure to complete
anticipated transactions, the timing and success of future
exploration and development activities, exploration and development
risks, title matters, inability to obtain any required third party
consents, operating risks and hazards, metal prices, political and
economic factors, competitive factors, general economic conditions,
relationships with strategic partners, governmental regulation and
supervision, seasonality, technological change, industry practices
and one-time events. In making the forward-looking statements, the
Company has applied several material assumptions including, but not
limited to, the assumptions that: (1) the proposed exploration,
development and exploitation of mineral projects will proceed as
planned; (2) market fundamentals will result in sustained metals
and minerals prices and (3) any additional financing needed will be
available on reasonable terms. The Company expressly 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 otherwise required by applicable securities
legislation.
The Company cautions that it has not completed any feasibility
studies on any of its mineral properties, and no mineral reserve
estimate or mineral resource estimate has been established.
Geophysical exploration targets are preliminary in nature and not
conclusive evidence of the likelihood of a mineral deposit.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this news release. Neither 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.
SOURCE Meridian Mining S.E.