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Fuerte Metals Corp
Symbol FMT
Shares Issued 61,167,326
Close 2024-10-24 C$ 0.99
Market Cap C$ 60,555,653
Recent Sedar Documents

Fuerte Metals begins trading on OTCQB Venture Market

2024-10-25 14:02 ET - News Release

Mr. Tim Warman reports

FUERTE METALS TO BEGIN TRADING ON THE OTCQB EXCHANGE

Fuerte Metals Corp.'s common shares have been approved to trade on the OTC Market's Group Inc.'s OTCQB Venture Market in the United States, under the ticker symbol FUEMF, effective as of the open of trading today. Fuerte's shares will continue to trade on its primary exchange, the TSX Venture Exchange under the symbol FMT.

Tim Warman, Fuerte's chief executive officer, commented: "We're pleased to begin trading on the OTCQB market, allowing us to expand our U.S. shareholder base as we advance our Cristina precious metals project in Chihuahua, Mexico, and our Placeton copper porphyry project in Chile. Drilling at Cristina is under way, and geophysical survey work has recently resumed at Placeton with the goal of better defining the scale and extents of the two main copper-gold porphyry targets."

The OTCQB is recognized as an established public market by the U.S. Securities and Exchange Commission and is a leading market for U.S. and international companies in the entrepreneurial and development stage. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and detailed certification process. The OTCQB quality standards are expected to provide increased transparency and more detail on market depth, including greater disclosure of market makers as well as improved liquidity. As a verified market with efficient access to U.S. investors, OTCQB helps companies build shareholder value with the goal of enhancing liquidity and achieving a fair valuation.

U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.

About Fuerte Metals Corp.

Fuerte Metals is a well-financed resource company adding value through the acquisition, exploration and development of copper and precious metal projects in the Americas. The company is carrying out a 21,000-metre drilling campaign at its Cristina precious metal project in Chihuahua, Mexico, with the goal of significantly expanding the existing mineral resource estimate with a focus on underground mining. In Chile, the Placeton/Caballo Muerto project hosts several untested porphyry copper targets situated between the large-scale Relincho and El Morro/La Fortuna copper-gold deposits of the Nueva Union joint venture between Teck and Newmont Mining.

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