VANCOUVER, BC, March 23,
2022 /CNW/ - Zacapa Resources Ltd. (TSXV:
ZACA) (DE: BH0) (OTCQB: ZACAF) is pleased to announce that it
has successfully completed the cross-listing of its common shares
to the OTCQB Venture Market ("OTCQB"). Zacapa's common
shares are now trading on the OTCQB under the ticker symbol
"ZACAF". Investors can find real-time quotes and market information
for ZACAF on www.otcmarkets.com. Zacapa continues to trade on the
TSX Venture Exchange under the ticker symbol "ZACA" and on the
Frankfurt Stock Exchange under the ticker symbol "BH0".
Adam Melnik, CEO and Director of
Zacapa commented: "Zacapa's listing on the OTCQB Venture Market,
within two months post listing on the TSX Venture Exchange, is a
significant milestone for the company that importantly will provide
a large United States investor
base with the opportunity to participate directly in Zacapa's
growth as well as enhance trading liquidity and enhance outreach
with the global investment community."
About OTC Market Group Inc.
The OTCQB is operated by the OTC Markets Group Inc.
("OTC") out of New York
City, New York, and is
recognized by the United States Securities and Exchange Commission
("SEC") as an established public market providing the public
with price and financial information. The OTCQB trades over 10,000
United States and global
securities and is recognized as the mid-tier of the OTC for early
stage and developing companies. To be eligible to trade on the
OTCQB, companies must meet high financial standards, follow best
practice corporate governance, demonstrate compliance with
United States securities laws, be
current in their disclosure, and have a professional third-party
sponsor introduction.
The OTCQB provides convenience to United States investors, brokers, and
institutions seeking to trade in common shares of Zacapa. Inclusion
on the OTCQB enables United States
investors to easily trade through the broker of their choice and
allows companies to improve the quality of information available
for investors.
About Zacapa Resources
Zacapa is a copper and gold focused mineral exploration company
engaged in responsible exploration for the new energy economy. Its
projects are concentrated in world class jurisdictions in the
southwest U.S., including Arizona,
Nevada, and Idaho. The portfolio includes porphyry copper
projects at Red Top, Pearl, and Dewdrop Moon, and epithermal gold
projects at South Bullfrog and Miller
Mountain. These assets are being advanced by a highly
disciplined and seasoned professional team with successful track
records of discovery, resource development and mine permitting.
For more information, please visit www.zacaparesources.com. All
documents are available on Zacapa's profile page on SEDAR at
www.sedar.com.
On behalf of the Board of Directors,
"Adam Melnik"
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.
Forward Looking Statements – Certain information set forth in
this news release may contain forward-looking statements that
involve substantial known and unknown risks and uncertainties. All
statements within, other than statements of historical fact, are to
be considered forward looking. Although Zacapa 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 forward-looking statements. Zacapa
cautions that all forward-looking statements are inherently
uncertain, and that actual performance may be affected by a number
of material factors, many of which are beyond Zacapa's control.
Accordingly, actual and future events, conditions and results may
differ materially from the estimates, beliefs, intentions and
expectations expressed or implied in the forward-looking
information. Readers are advised to rely on their own evaluation of
such uncertainties. Except as required under applicable securities
legislation, Zacapa undertakes no obligation to publicly update or
revise forward-looking information.
SOURCE Zacapa Resources