Tirex Resources Engages Dorsey & Whitney LLP To File For Quotation On The OTCQX
November 08 2011 - 1:10PM
Marketwired
Tirex Resources Ltd. (TSX VENTURE:TXX) -
-- quotation additional to current Tirex listings in Canada and Germany
-- aim to significantly broaden and enhance access and exposure within
United States
Tirex Resources Ltd. is pleased to announce it has retained the
services of the legal firm Dorsey & Whitney LLP to pursue a
quotation on the OTCQX International. The OTCQX is the premier tier
of the U.S. Over-the-Counter (OTC) marketplace, providing a U.S.
quotation opportunity to significantly broaden and enhance its
access and exposure within the U.S. market.
Bryan Slusarchuk, Tirex Chief Executive Officer, states, "There
is significant interest in Tirex from the United States and we
believe pursuing this quotation is complementary to our current
listings which are in both Canada and Germany."
The OTCQX trading platform has earned an exemplary reputation
for providing U.S. investors with improved liquidity, transparency,
superior information, and easy access through their U.S. regulated
broker dealers. It is also recognized within the industry for
maintaining rigid quotation standards for companies that trade on
its exchange.
Subject to approval, Tirex Resources' quotation on the OTCQX is
expected to be completed within the next few weeks.
Further details on Tirex Resources Ltd. and the Mirdita Project
can be found on the Tirex website at www.TirexResources.com.
ON BEHALF OF TIREX RESOURCES LTD.
Bryan J.R. Slusarchuk, Chief Executive Officer
Forward-Looking Statements. This Tirex News Release may contain
certain "forward-looking" statements and information relating to
Tirex. Such statements include but are not limited to statements
about the benefits of being quoted on the OTCX, the improved
liquidity of the Company's shares if traded on the OTCQX and the
possibility that the Company will be accepted for quotation on the
OTCQX. Although forward-looking statements and information
contained in this release are based on the beliefs of Tirex
management, which we consider to be reasonable, as well as
assumptions made by and information currently available to Tirex
management, there is no assurance that the forward-looking
statement or information will prove to be accurate. The
forward-looking statements and information contained in this
release are subject to current risks, uncertainties and assumptions
related to certain factors including, without limitations, the
decrease in the reputation of the OTCQX, the possibility the
Company will not be quoted on the OTCQX or that the Company will
not realize all of the projected benefits of the quotation on the
OTCQX and other factors discussed in our quarterly and annual and
interim management's discussion and analysis. Should any one or
more of these risks or uncertainties materialize or change, or
should any underlying assumptions prove incorrect, actual results
and forward-looking statements and information may vary materially
from those described herein. Accordingly, readers should not place
undue reliance on forward-looking statements and information
contained in this release. We undertake no obligation to update
forward-looking statements or information 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 news release."
Contacts: Tirex Resources Ltd. Bryan J.R. Slusarchuk Chief
Executive Officer 604-687-7160 or Toll Free: 1-877-687-7160
604-608-9110 (FAX)info@TirexResources.comwww.TirexResources.com
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