NEW YORK, Aug. 19, 2021 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of financial markets for
11,000 U.S. and global securities, today announced White Gold Corp.
(TSX-V: WGO.V) (OTCQX: WHGOF) (FRA: 29W), a Yukon gold exploration company, has qualified
to trade on the OTCQX® Best Market.
White Gold Corp. begins trading today on OTCQX under the symbol
"WHGOF." U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to have qualified for trading on OTCQX. The
decision to upgrade to the OTCQX is part of our strategy to expand
awareness to US based and international investors. The OTCQX is the
premiere market for developing international companies trading in
the United States, and will
greatly enhance trading liquidity, and facilitate greater access
and exposure to U.S. retail and institutional investors," stated
David D'Onofrio, CEO of the Company.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S.
investors. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance and
demonstrate compliance with applicable securities laws. B. Riley
Securities, Inc. acted as the company's OTCQX sponsor.
About White Gold Corp.
White Gold Corp. owns a
portfolio of 21,111 quartz claims across 31 properties covering
over 420,000 hectares representing over 40% of the Yukon's prolific White Gold District and is
backed by strategic partners Agnico Eagle Mines Limited (TSX:
AEM.TO) (NYSE: AEM) and Kinross Gold Corporation (TSX: K.TO) (NYSE:
KGC). The Company's flagship White Gold property hosts the
Company's Golden Saddle and Arc deposits which have a mineral
resource of 1,139,900 ounces Indicated at 2.28 g/t Au and 402,100
ounces Inferred at 1.39 g/t Au(1). Mineralization on the Golden
Saddle and Arc is also known to extend beyond the limits of the
current resource estimate. The Company's VG Deposit also hosts a
historic Inferred gold resource of 230,000 ounces at 1.65 g/t
Au(2). Regional exploration work has also produced several other
new discoveries and prospective targets with ongoing drill
campaigns on the Company's expansive claim packages, some of which
border on other sizable gold discoveries including the Coffee
project owned by Newmont Corporation with Measured and Indicated
Resources of 2.17 Moz at 1.46 g/t Au, and Inferred Resources of
0.50 Moz at 1.32 g/t Au(3), and Western Copper and Gold
Corporation's Casino project which has Measured and Indicated
Resources of 14.5 Moz Au and 7.6 Blb
Cu and Inferred Resources of 6.6 Moz
Au and 3.3 Blb Cu(4). For more information visit
www.whitegoldcorp.ca and to view the Company's virtual property
tour visit lp.whitegoldcorp.ca/leading-yukon-gold-rush.
(1) See White Gold Corp. technical report titled "Technical
Report for the White Gold Project, Dawson
Range, Yukon Canada", dated
July 10, 2020, prepared by Dr.
Gilles Arseneau, P.Geo., and
Andrew Hamilton, P.Geo., available
on SEDAR.
(2) See Comstock Metals Ltd. technical report titled "NI 43-101
TECHNICAL REPORT on the QV PROJECT", dated August 19, 2014, prepared by Jean Pautler, P.Geo., and Ali Shahkar, P.Eng., available on SEDAR.
(3) See Newmont Corporation press release titled "Newmont Reports
2019 Gold Mineral Reserves of 100 Million Ounces, Largest in
Company History", dated February 13,
2020, available on SEDAR.
(4) See Western Copper and Gold
Corporation press release titled "Western Copper and Gold Announces
Significant Resource Increase at Casino", dated July 14, 2020, available on SEDAR.
Contact Information:
David D'Onofrio
Chief Executive Officer
White Gold Corp.
(647) 930-1880
ir@whitegoldcorp.ca
To Book a Meeting with Management:
https://whitegoldcorp.ca/contact/request-information/
About OTC Markets Group Inc.
OTC Markets Group
Inc. (OTCQX: OTCM) operates the OTCQX®
Best Market, the OTCQB® Venture Market and
the Pink® Open Market for 11,000 U.S. and
global securities. Through OTC Link® ATS and OTC Link ECN, we
connect a diverse network of broker-dealers that provide liquidity
and execution services. We enable investors to easily trade
through the broker of their choice and empower companies to improve
the quality of information available for investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated
by OTC Link LLC, member FINRA/SIPC.
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Media Contact:
OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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