VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 8, 2016) - K92 Mining Inc. (the "Company" or "K92") (TSX VENTURE:KNT) is pleased to announce that its common shares are now trading on the OTCQB® Venture Market in the United States under the symbol "KNTNF".
K92 Chief Executive Officer, Mr. Ian Stalker, states, "We are pleased with K92's admission to trade on the OTCQB, as this provides ease of access to a trading platform for American investors interested in the Company."
The OTCQB Venture Market is for entrepreneurial and development stage U.S and international companies. To be eligible, companies must be current in their financial reporting, pass a minimum bid test and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
The Company will continue to trade on the TSX Venture Exchange (the "TSX-V") under its existing symbol "KNT".
About K92 Mining:
K92 owns the Kainantu Gold Mine located in Papua New Guinea, where the Company is targeting near term gold production. The mineralization includes gold, silver and copper occurring in epithermal Au telluride veins; Au-Cu-Ag sulphide veins and related porphyry Cu-Au systems; and alluvial gold. Existing infrastructure includes underground mine development, mill processing facility, staff housing, licensed tailings pond, office space, paved access roads and reliable hydro supply via a dedicated power line.
On behalf of the Company,
Ian Stalker, Chief Executive Officer and Director
The TSX-V has neither approved nor disapproved the contents of this press release.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: 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, including statements regarding the expansion of the plant which may or may not occur and the generation of further drilling results which may or may not occur. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the market price of the Company's securities, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, claims and limitations on insurance coverage and other risks of the mining industry, changes in national and local government regulation of mining operations, and regulations and other matters.. 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.