Shares Outstanding: 337,974,556
TORONTO, Jan. 8, 2019 /PRNewswire/
- Aquila Resources Inc. (TSX: AQA, OTCQB:
AQARF) ("Aquila" or the "Company") announces the
cross-trading of the Company's shares on the OTCQB Venture Market
in the United States. Trading has
commenced under the symbol OTCQB: AQARF. Investors can find current
financial disclosure and Real-Time Level 2 quotes for the Company
on www.otcmarkets.com.
"Given the Company's asset base in Michigan and Wisconsin and its appeal to U.S.-based mining
investors, Aquila enjoys an important following in the United States," said Barry Hildred, President & CEO.
"Cross-trading Aquila on the OTCQB provides a trading platform for
U.S. shareholders while enhancing distribution for our Canadian and
international shareholders."
ABOUT AQUILA RESOURCES
Aquila Resources Inc.
(TSX: AQA, OTCQB: AQARF) is a development-stage company with
strategic assets in the Great Lakes Region. The Company's
experienced management team is focused on advancing
pre-construction activities for its 100%-owned zinc- and gold-rich
Back Forty Project in Michigan.
Aquila's flagship Back Forty Project is an open pit volcanogenic
massive sulfide deposit with underground potential located along
the mineral-rich Penokean Volcanic Belt in Michigan's Upper Peninsula. The Project
contains approximately 1.1B pounds of
zinc and 1M ounces of gold in the
Measured & Indicated Mineral Resource categories, with
additional upside potential. Aquila has received all State and
Federal permissions required for the construction and commencement
of operations at the Back Forty Project.
The Company has three other exploration projects: Reef Gold
Project located in Marathon County,
Wisconsin, the Bend Project located in Taylor County, Wisconsin and Aquila Nickel
located in the Upper Peninsula,
Michigan. Reef is a gold-copper property and Bend is a
volcanogenic massive sulfide occurrence containing copper and
gold.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION
This press release may contain certain
forward-looking statements within the meaning of applicable
Canadian securities legislation. In certain cases, forward-looking
statements can be identified by the use of words such as "plans",
"expects" or "does not anticipate", or "believes", or variations of
such words and phrases or statements that certain actions,
events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved" and similar expressions
suggesting future outcomes or statements regarding an
outlook.
These and other forward-looking statements and information
are subject to various known and unknown risks and uncertainties,
many of which are beyond the ability of Aquila to control or
predict, that may cause their actual results, performance or
achievements to be materially different from those expressed or
implied thereby, and are developed based on assumptions about such
risks, uncertainties and other factors set out herein. These risks
include those described under the heading "Risk Factors" in
Aquila's most recent annual information form and its other public
filings, copies of which can be under Aquila's profile at
www.sedar.com. Aquila expressly disclaims any obligation
to update forward-looking information except as required by
applicable law. Such forward-looking information represents
Aquila's best judgment based on information currently available.
No forward-looking statement can be guaranteed and actual
future results may vary materially. Accordingly, readers are
advised not to place undue reliance on forward-looking statements
or information. Furthermore, Mineral Resources that are not Mineral
Reserves do not have demonstrated economic viability.
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SOURCE Aquila Resources Inc.