Wellgreen Platinum Announces Graduation to the Toronto Stock Exchange
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 3, 2014) - Wellgreen Platinum Ltd. (TSX VENTURE:WG)(OTCQX:WGPLF) is pleased to announce that its common shares (the "Shares") have been approved for listing on the Toronto Stock Exchange (the "TSX"). Effective at market opening on Thursday December 4, 2014, the Company's Shares will commence trading on the TSX under the symbol "WG". Concurrent with the TSX listing, Wellgreen Platinum's Shares will be de-listed from the TSX Venture Exchange.
Greg Johnson, Wellgreen Platinum's President and Chief Executive Officer, commented, "Graduating from the TSX Venture Exchange to the TSX senior board, Canada's premier exchange, is a major milestone in the growth and development of Wellgreen Platinum and reflects the significant advancement of the Company's flagship Wellgreen PGM-Ni-Cu project over the past two years. The TSX is recognized globally as a leading market for the resource industry and should provide Wellgreen Platinum with greater visibility, trading liquidity and broader access to the capital markets and investors."
About Wellgreen Platinum
Wellgreen Platinum Ltd. is a Canadian mining exploration & development company focused on the active advancement of its 100% owned Wellgreen PGM-nickel-copper project toward production. Located in the Yukon Territory, Canada, the Wellgreen project is one of the largest undeveloped platinum group metals (PGM) deposits outside of southern Africa or Russia. The property is accessed from the paved Alaska Highway leading to deep sea ports in Haines and Skagway, Alaska.
The Company is led by a highly-experienced management team with a track record of value creation through successful large scale project discovery, development, operation and financing. Our goal is to develop the Wellgreen project into a significant global PGM and nickel producer.
Further information about the Company and our projects can be found at www.wellgreenplatinum.com.
Forward Looking Information: This news release includes certain information that may be deemed "forward-looking information" that involve various risks and uncertainties. Forward-looking information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking information in this news release include statements regarding the commencement of trading on the TSX and the Company's prospects for future growth and the advancement of the Wellgreen PGM-nickel-copper project. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information. Mineral exploration and development of mines is an inherently risky business. Accordingly, actual events may differ materially from those projected in the forward-looking information. For more information on the Company and the risks and challenges of our business, investors should review our annual filings which are available at www.sedar.com. The Company does not undertake to update any forward looking information, except in accordance with applicable securities laws.
"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."
Contact
Wellgreen Platinum Ltd.
Greg Johnson
President & CEO
1-888-715-7528
Wellgreen Platinum Ltd.
Chris Ackerman
Manager, Corporate Communications
1-604-569-3634
cackerman@wellgreenplatinum.com
www.wellgreenplatinum.com