Mr. Colin Joudrie reports
SELKIRK COPPER ANNOUNCES UPGRADE TO THE OTCQX BEST MARKET
Selkirk Copper Mines Inc. has qualified to upgrade from the OTCQB Venture Market to the OTCQX Best Market. The company's common shares will continue to trade under the OTCQX ticker symbol SKRKF.
M. Colin Joudrie, president and chief executive officer, commented: "We are pleased to have qualified for graduating to the OTCQX Market. This progression enhances our visibility among U.S. investors, improves liquidity and reinforces our commitment to creating long-term shareholder value as we advance the Minto copper-gold-silver mine toward a restart decision in 2027."
OTCQX, the highest-level market of the OTC Markets in the United States, is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
Along with trading on OTCQX, common shares of Selkirk Copper will continue to trade on the TSX Venture Exchange in Canada under the symbol SCMI and on the Frankfurt Stock Exchange under its symbol IO20, providing additional global exposure.
About Selkirk Copper Mines Inc.
Selkirk Copper is a well-financed, newly formed company with a controlling interest held by the Selkirk First Nation through its wholly owned subsidiary, that, in partnership with the Selkirk First Nation, is completing a thorough exploration drilling campaign and a restart and redevelopment plan for the former Minto copper-gold-silver mine based on best-in-class environmentally sustainable mining, development and reclamation practice. Selkirk Copper controls 26,850 hectares of prospective mineral claims located in the Minto-Carmacks copper belt, as well as significant open-pit and underground infrastructure, a 4,100-tonne-per-day processing plant, 400-person full-rotation camp, water treatment facilities, numerous ancillary buildings, and mobile equipment centered on the former Minto copper-gold-silver mine. Selkirk Copper's mineral tenure, operation infrastructure, access roads and powerline, is located on or adjacent to lands of the Selkirk First Nation, much of which is surrounded by prospective Selkirk First Nation Category A Lands.
Selkirk Copper Mines is listed on the TSX Venture Exchange under the symbol TSX-V: SCMI, has a secondary listing on the Frankfurt exchange under the symbol Frankfurt Stock Exchange: IO20 and its common shares trade under the symbol OTCQX: SKRKF on the OTCQX Best Market, a United States marketplace operated by OTC Markets Group Inc.
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