Confederation Minerals Ltd. Begins Trading on the Otcqx Marketplace
(via Thenewswire.ca)
Vancouver, B.C., May 17, 2013, Confederation Minerals Ltd. (TSX.V:
CFM, OTCQX: CNRMF) is pleased to report that its shares are scheduled
to begin trading on OTCQX, the best OTC marketplace in the United
States, on May 17, 2013, under the symbol "CNRMF". U.S.
investors can find current financial disclosures and Real-Time Level 2
quotes for the company on www.otcmarkets.com.
Brian Bapty, President, emphasized, "We are very pleased to
provide this additional trading venue to further enhance liquidity
particularly for our current, and future, US Shareholders. As
Confederation Minerals evolves from an early stage gold exploration
company towards having a resource in one of the most prolific Gold
exploration camps on the planet, Red Lake Ontario, we fully intend to
maximize both our domestic and international investor exposure to put
this story squarely on the world stage where it belongs."
"We are pleased Confederation Minerals has chosen to upgrade to
OTCQX," said R. Cromwell Coulson, President and CEO of OTC
Markets Group. "OTCQX is the best OTC marketplace offering
qualifying companies like Confederation Minerals the means to enhance
their U.S. shareholder base through high-quality disclosure,
transparent trading and ease of access to company information."
Scarsdale Equities LLC will serve as Confederation Minerals' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
professional guidance on OTCQX requirements.
About CFM
Confederation Minerals Ltd. is a British Columbia based company
engaged in the business of acquisition, exploration and development of
mineral properties. Its objective is to locate and develop economic
precious and base metals properties of merit. Confederation Minerals
Ltd. holds an Option Agreement to acquire up to 70% of the Newman Todd
project in the Red Lake Mining District of Northern Ontario.
On Behalf of the Board:
"Brian Bapty"
Brian Bapty, Ph.D.
President and Director
CORPORATE INQUIRIES
Suite 1980, 1075 West Georgia Street
Vancouver, B.C.
Brian Bapty, President and Director
604-652-3950
brian.bapty@confederationmineralsltd.com
www.confederationmineralsltd.com
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this news
release, other than statements of historical facts, that address
events or developments that the Company expects to occur, are
forward-looking statements. Forward-looking statements are statements
that are not historical facts and are generally, but not always,
identified by the words "expects", "plans",
"anticipates", "believes", "intends",
"estimates", "proposes", "project",
"potential" and similar expressions, or that events or
conditions "will", "would", "may",
"could" or "should" occur. Although the Company
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 may differ
materially from those in the forward-looking statements. Factors that
could cause the actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, and continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of
future performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are
made. Except as required by applicable securities laws, the Company
undertakes no obligation to update these forward-looking statements in
the event that management's beliefs, estimates or opinions, or other
factors, should change
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