AbraPlata retains Venture Liquidity Providers Inc as market maker
October 13 2017 - 9:00AM
AbraPlata Resource Corp (TSX.V:ABRA) (OTCQB:ABBRF)
(Frankfurt:1AH) ("AbraPlata" or the "Company") is pleased to
announce that it has, subject to regulatory approval, retained
Venture Liquidity Providers Inc ("VLP") to initiate its market
making service to provide assistance in maintaining an orderly
trading market for the common shares of the company.
The market-making service will be undertaken by
VLP through a registered broker, WD Latimer Co Ltd ("WD Latimer"),
in compliance with the applicable policies of the TSX Venture
Exchange and other applicable laws. For its services, the
corporation has agreed to pay VLP $5,000 per month for a period of
12 months. The agreement may be terminated at any time by the
Company or VLP. AbraPlata and VLP act at arm's length, and VLP has
no present interest, directly or indirectly, in the Company or its
securities. The finances and the shares required for the
market-making service are provided by WD Latimer. The fee paid by
the company to VLP is for services only.
VLP is a specialized consulting firm based in
Toronto providing a variety of services focused on TSX-V-listed
issuers.
About AbraPlata
Abraplata is a junior mining exploration company
focused on delivering shareholder returns by unlocking mineral
value in Argentina. The Company's experienced management team
has assembled an outstanding portfolio of gold, silver and copper
exploration assets, and is focused on advancing its flagship
Diablillos property, with an indicated resource of 81.3m oz Ag and
755k oz Au, through the various stages of feasibility. In
addition, AbraPlata owns the highly prospective Cerro Amarillo
property with its cluster of five mineralized Cu-(Mo-Au) porphyry
intrusions located in a mining camp hosting the behemoth El
Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits.
Further exploration work is also planned for the Company’s Samenta
porphyry Cu-Mo property south of First Quantum’s TacaTaca project
as well as its Aguas Perdidas Au-Ag epithermal property.
ON BEHALF OF THE BOARD ABRAPLATA RESOURCE
CORP.
"Willem Fuchter"
Willem Fuchter President & Chief Executive Officer
For further information concerning this news
release, please contact:
Willem
Fuchter |
Karl Cahill |
President & Chief
Executive Officer |
VP Investor
Relations |
AbraPlata Resource
Corp |
AbraPlata Resource
Corp |
Tel:
+54.11.5258.0920 |
Tel:
+1.858.531.6100 |
E-mail:
willem@abraplata.com |
Email:
karl@abraplata.com |
Qualified Person
Willem Fuchter, PhD PGeo, President & CEO of
AbraPlata Resource Corp. and a qualified person as defined by
National Instrument 43-101 Standards of Disclosure for Mineral
Projects, has reviewed and approved the information contained in
this news release.
This news release includes certain
"forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements are necessarily based upon
a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause the actual results and future
events to differ materially from those expressed or implied by such
forward-looking statements. All statements that address future
plans, activities, events or developments that the Company
believes, expects or anticipates will or may occur are
forward-looking information. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
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.
For further information about AbraPlata and its
projects, please visit the Company’s website at
www.abraplata.com.
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