VANCOUVER, British Columbia, July 20, 2017 (GLOBE NEWSWIRE) -- Group Ten Metals Inc. (TSX.V:PGE) (OTC:PGEZF) (FSE:5D32) (the “Company” or “Group Ten”) is pleased to announce that effective today FINRA has approved shares of the Company’s common stock to trade in the US on the OTC market under the symbol “PGEZF”.
The new US ticker symbol complements the Company’s TSX Venture Exchange symbol “PGE” and reflects our primary focus on quality platinum group element projects in favourable mining jurisdictions.
Mr. Michael Rowley, President and CEO, stated, "This is a first step towards increasing our visibility in the US markets as a platinum group element (PGE) focused explorer. With the recent acquisition of our Stillwater West project, adjacent to Sibanye’s Stillwater palladium-platinum mine in Montana, the Company has been generating significant interest from US-based investors. The Stillwater West project positions Group Ten as the second-largest land holder in the Stillwater Complex, which is the highest-grade PGE producer in the world and the largest outside South Africa and Russia.”
Mr. Rowley further noted, “With the field season in full swing we anticipate delivering additional updates from our initial work at Stillwater West, field work on our holdings in the Kluane Ultramafic Belt in Yukon adjacent to Wellgreen Platinum, and from our Black Lake – Drayton project in the Rainy River district of Ontario adjacent to First Mining Finance’s Goldlund project.”
About Group Ten Metals Inc.
Group Ten Metals Inc. is a Canadian mineral exploration company focused on the acquisition and development of high-quality platinum, palladium and gold exploration assets in North America. The Company’s suite of holdings include 100% ownership potential on large land positions adjacent to Sibanye’s Pd-Pt Stillwater mine in Montana on our Stillwater West project and our Catalyst, Spy and Ultra projects near the Wellgreen Ni-PGE deposit in the Yukon Territory, as well as the Black Lake-Drayton gold project in the Rainy River district of northwest Ontario.
On Behalf of the Board of Directors
GROUP TEN METALS INC.
“Michael Rowley”
Michael Rowley, President, CEO & Director
Email: info@grouptenmetals.com
Web: http://grouptenmetals.com
Tel: (604) 357 4790
TF: (888) 432 0075
Forward-Looking Statements
Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Group Ten 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 in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Group Ten and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.
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.