Mr. Tim Crossley reports
ADYTON RESOURCES COMMENCES TRADING ON THE OTCQB AND ENGAGES MARKET MAKER
Adyton Resources Corp.'s common shares began trading on the OTCQB Venture Market in the United States under the symbol ADYRF. The company's common shares will continue to trade on the TSX Venture Exchange under the symbol ADY.
The OTCQB is one of the world's largest and most liquid trading markets, providing access to a wide base of investors across the U.S. The listing marks an important step in expanding the company's visibility and strengthening its presence in the U.S. market.
Tim Crossley, chief executive officer and managing director of Adyton, commented: "We are pleased to commence trading on the OTCQB, marking an important milestone in the company's growth and visibility in the U.S. capital markets. This listing enhances our accessibility to a broader base of investors and reflects our ongoing commitment to transparency and shareholder value. As we continue to advance our strategic objectives, we believe this step will support increased liquidity and strengthen our position as we execute on our development plans."
Adyton Resources engages Independent Trading Group (ITG) as a market-maker
In accordance with TSX Venture Exchange policies, the company announces that, subject to regulatory approval, it has engaged the services of ITG to provide market-making services. ITG will trade shares of the company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company's common shares.
Under the agreement, ITG will receive compensation of $5,500 per month (plus applicable taxes), payable monthly in advance. The agreement is for an initial term of one month commencing on April 28, 2026, and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days of notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the company.
About Adyton Resources Corp.
Adyton Resources is focused on advancing gold and copper projects in world-class mineral jurisdictions. The company holds a portfolio of highly prospective assets in Papua New Guinea where it is actively working to expand its existing gold inferred and indicated mineral resources and build on recent high-grade gold and copper drill results at its 100-per-cent-owned Feni Island project.
Adyton's projects are located on the Pacific Ring of Fire, on accessible island settings that host several globally significant deposits including the Lihir gold mine and Panguna copper-gold mine on Bougainville Island, both in close proximity to Feni, highlighting the district-scale potential of the company's land package.
Feni Island Au-Cu project
The Feni Island project currently has a mineral resource prepared in accordance with National Instrument 43-101 dated Oct. 14, 2021, which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 gram per tonne Au, for contained gold of 1.46 million ounces, assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland Province, Papua New Guinea," prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and qualified person as defined in NI 43-101, available under Adyton's profile on SEDAR+. Mineral resources are not mineral reserves and have not demonstrated economic viability.
Fergusson Island Au project
The Fergusson Island project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 5.0 million tonnes at an average grade of 1.28 g/t Au for contained gold of 206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an average grade of 0.99 g/t Au for contained gold of 733,000 ounces, both inferred and indicated resources used a 0.5 g/t Au cut-off grade.
See the technical report dated Oct. 14, 2021, entitled "NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay Province, Papua New Guinea" prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and qualified person as defined in NI 43-101, available under the company's profile on SEDAR+. Mineral resources are not mineral reserves and have not demonstrated economic viability.
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