CALGARY, ALBERTA -- (The Newswire – December 1, 2016)
Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) (“Margaux” or the “Company”) is pleased to announce its common shares have been approved to commence trading as of today’s date on the OTCQB Venture Market in the United States, under the symbol MARFF.
"Through this listing we intend to provide a more visible and liquid market for our common shares in the U.S. , building on our current disclosure and profile provided by our TSX Venture listing” said Tyler Rice, President and CEO. "We are looking forward to increasing the visibility of Margaux and providing current and prospective Margaux shareholders based in the U.S. the opportunity to learn more about the Company’s news and developments, and ultimately broadening our shareholder base."
Ahead of the OTCQB listing, Margaux has partaken in multiple marketing initiatives in the U.S.A, starting with roadshows in Atlanta and New York, followed by equity and investment conferences in New Orleans, San Francisco and Palm Beach. Further details can be found at www.margauxresources.com/Investors-News/Events-Media.
Margaux was assisted in its listing on the OTCQB by B. Riley & Co., LLC (“B. Riley”) who acted as the principal American liaison sponsor while providing Margaux with capital markets advisory services and guidance through the listing process. B. Riley is a full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), a publicly traded, diversified financial services company.
Trading on the OTCQB will allow investors in the United States greater access to invest in Margaux’s shares. The OTCQB Venture Market is for entrepreneurial and development-stage international and U.S. companies. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
About Margaux Resources Ltd.: Margaux is a publicly traded mineral exploration company focused on the exploration and development of the previously producing Jersey-Emerald property, on which Margaux has an option, located in southeastern British Columbia. The Company is directed by a group of highly successful Canadian businessmen with proven track records. Margaux trades on the TSX Venture Exchange under the symbol MRL and on the OTCQB under the symbol MARFF.
Forward Looking Statements
This press release may contain forward looking statements including those describing Margaux's future plans and the expectations of management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Margaux and its management. In particular, this news release contains forward -looking statements pertaining, directly or indirectly, to the following: statements pertaining to the liquidity of the Company's common shares in the United States of America. Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. These statements speak only as of the date of this release or as of the date specified in the documents accompanying this release, as the case may be. The Company undertakes no obligation to publicly update or revise any forward-looking statements except as expressly required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in th e policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Margaux Resources Ltd.
President, CEO and a Director