Dataram Corporation Announces Name and Symbol Change to U.S. Gold Corp. and “USAU”, respectively
June 26 2017 - 8:45AM
U.S. Gold Corp. (NASDAQ:USAU) today announced that its name change
became effective with the State of Nevada on June 26, 2017, and
NASDAQ approved a symbol change from “DRAM” to “USAU”
effective as of the same date. Commencing today, the
Company’s common shares will commence trading on the NASDAQ Capital
Market under the trading symbol USAU.
Commenting on the symbol change, Edward Karr,
U.S. Gold Corp.’s President and CEO stated, “We are pleased to
announce our new trading symbol of USAU. Combining the “AU” symbol
for gold with our geographic focus in the U.S., all of us at U.S.
Gold Corp. believe this new symbol accurately represents our
company: a U.S.-based, U.S.-listed, gold exploration company,
focused on U.S. properties and assets. This symbol
change is the final evolution of our acquisition of Gold King Corp.
(formerly U.S. Gold Corp.). Each of Gold King Corp. and
Dataram Memory remain a wholly-owned subsidiary of U.S. Gold Corp.
and we continue to explore ways to maximize shareholder value with
these subsidiaries in the future. Our primary focus as a gold
exploration company is progressing our district scale Keystone
property on the Cortez Trend in Nevada towards a potential
discovery and advancing our Copper King project in Wyoming towards
pre-feasibility.”
About U.S. Gold Corp.U.S.
Gold Corp. is a publicly traded U.S. focused gold exploration and
development Company. U.S. Gold Corp. has a portfolio of
development and exploration properties. Copper King is
located in South East Wyoming and has a historical Preliminary
Economic Assessment (PEA) done by Mine Development Associates in
2012 for Strathmore Minerals Corporation. Keystone is an
exploration property on the Cortez trend in Nevada, identified and
consolidated by David Mathewson. For more information about
U.S. Gold Corp., please visit www.usgoldcorp.gold.
Dataram Memory is an independent manufacturer of
memory products and provider of performance solutions that increase
the performance and extend the useful life of servers,
workstations, desktops and laptops sold by leading manufacturers
such as Dell, Cisco, Fujitsu, HP, IBM, Lenovo and Oracle. Dataram
Memory's memory products and solutions are sold worldwide to OEMs,
distributors, value-added resellers and end users. Additionally,
Dataram Memory manufactures and markets a line of Intel approved
memory products for sale to manufacturers and assemblers of
embedded and original equipment. 70 Fortune 100 companies are
powered by Dataram Memory. Founded in 1967, the Company is a U.S.
based manufacturer, with presence in the United States, Europe and
Asia. For more information about Dataram Memory, visit
www.dataram.com.
Safe HarborThe information
provided in this press release may include forward-looking
statements relating to future events, such as the exploration
success of U.S. Gold Corp., development of new Dataram Memory
products, pricing and availability of raw materials or the future
financial performance of the Company. Actual results may
differ from such projections and are subject to certain risks
including, without limitation, risks arising from: changes in the
price of gold and mining industry cost inputs, memory chips,
changes in the demand for memory systems, increased competition in
the memory systems industry, order cancellations, delays in
developing and commercializing new products, risks with respect to
U.S. Gold Corp. faced by junior mining companies generally engaged
in exploration activities, and other factors described in the
Company's most recent Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q and Current Reports on Form 8-K, including the
Risk Factors with respect to U.S. Gold Corp. contained in the
Current Report on Form 8-K filed on May 26, 2017, filed with the
Securities and Exchange Commission, which can be reviewed
at www.sec.gov. The Company has based these
forward-looking statements on its current expectations and
assumptions about future events. While management considers
these expectations and assumptions to be reasonable, they are
inherently subject to significant business, economic, competitive,
regulatory, and other risks, contingencies, and uncertainties, most
of which are difficult to predict and many of which are beyond the
Company's control. The Company does not assume any
obligations to update any of these forward-looking statements.
For additional information, please contact:
U.S. Gold Corp. Investor Relations:
+1 800 557 4550
ir@usgoldcorp.gold
www.usgoldcorp.gold
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