Mr. R. Nick Horsley reports
HI-VIEW APPLIES TO LIST ON AMERICA'S OTCQB MARKETPLACE
Hi-View Resources Inc. has submitted an application to OTC Markets Group Inc. for the company's common shares to be eligible to trade on the OTCQB Venture Market. The OTCQB listing is intended to enhance visibility with U.S. investors and improve trading accessibility.
The OTCQB is a U.S. marketplace operated by OTC Markets that is designed for early-stage and developing companies that are current in their disclosure and meet applicable eligibility requirements. The company believes that obtaining an OTCQB quotation could increase the visibility of Hi-View with U.S. investors and provide U.S.-based investors with improved access to the company's common shares through U.S. brokerage platforms.
The company previously had achieved eligibility with the Depository Trust Company (DTC) for electronic clearing and settlement of the company's common shares in the United States. The company is looking to confirm if eligibility is still in good standing.
The company's common shares will continue to trade on the Canadian Securities Exchange under the symbol GXLD. The company's OTCQB application is subject to OTC Markets' review and approval. Hi-View will provide further updates when available.
The OTCQB listing is expected to expand Hi-View's exposure to U.S. investors, increase trading accessibility and liquidity, and support the company's efforts to build a broader international shareholder base as exploration seasons commence.
About Hi-View Resources Inc.
Hi-View Resources, a publicly listed mineral exploration company on the Canadian Securities Exchange, is advancing a portfolio of gold, silver and copper assets in the Toodoggone region of Northern British Columbia. The company's 100-per-cent-owned and optioned projects cover more than 27,910 hectares and include the flagship Golden Stranger project, the Lawyers claims and the Borealis project -- all designated as high-priority targets. Additional assets in the portfolio include the Nub and Saunders properties while the Northern claims and Harmon Peak remain under active option agreements. The company also has an additional 1,300 hectares currently under mineral claim application.
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