Tier One Silver begins trading, receives the start of activities and requests trading on OTCQB
VANCOUVER, BC / ACCESSWIRE / June 9, 2021 /Tier One Silver Inc. (TSXV: TSLV) (“Tier One” or the “Company”) is pleased to announce that the common shares of the Company will begin trading today on the TSX Venture Exchange under the symbol TSLV. The Company also announces that it has received its Peruvian permit Inicio de Actividades (“Commencement of operations”), which authorizes the Company to begin its full inaugural drilling program. owned the Curibaya silver-gold project in southern Peru. With this authorization, the Company finalized the authorization process with MINEM, the Peruvian mining regulator.
Tier One has signed a contract with G&G Drilling and preparations are underway for the next drilling program. This includes expanding the on-site camp, transporting equipment, and constructing drilling platforms. The water is also transported from a local EPS approved water distribution company to the Curibaya project. The Company expects drilling at Curibaya to begin this month and continue for several weeks.
A message from Peter Dembicki, President, CEO and Director:
“We are pleased to begin trading on TSXV, an internationally renowned exchange, with many other successful mining companies. Having a fully licensed exploration program allows us to start drilling this month on the very promising targets that we have identified in our flagship. Curibaya Project. “
“Trading on the OTCQB will allow us to expand our audience and provide better access to our American shareholders. We look forward to an exciting year filled with many catalysts as we move our portfolio of projects forward. “
A message from David Smithson, Senior Vice President, Exploration:
“It was amazing to watch Curibaya go from a stream sediment anomaly in 2016 to a newly recognized Paleocene epithermal system – the first of its kind in this part of Peru, to our knowledge, defined by veins sampled up to 298 kg. / t Ag and 934 g / t Au. Our geophysical data confirms that there is a potential for a mineralization window that extends 750 m below the high-grade surface footprint, with an overall dimension of 1.4 km x 1.8 km x 750 m We are delighted to make the first holes in this large scale opportunity and realize its potential as a world class discovery.
The Company requests that its common shares be published for trading on the OTCQB Venture Market (the “OTCQB”), a trading platform in the United States operated by the OTC Markets Group in New York. The publication of the Company’s shares on the OTCQB remains subject to the approval of a 211 form by FINRA, meeting the eligibility standards of the OTCQB and the approval of the OTCQB Markets Group. The Company will provide further information when its common shares begin trading on the OTCQB.
The OTCQB marketplace is a premier marketplace for start-ups and developing companies committed to providing a high-quality trading and information experience to U.S. investors. Investors can find real-time Level 2 quotes and market information of companies listed on the OTCQB on the OTC Markets website.
Tier One believes that trading on the OTCQB will increase its visibility in the US capital markets. The Company will also continue to trade on the TSX Venture Exchange under its symbol TSLV.
Michael Henrichsen (Chief Geologist), P.Geo is the QP who takes responsibility for the technical content of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS OF TIER ONE SILVER INC.
President, CEO and Director
About the first level
Tier One Silver is an exploration company focused on creating value for shareholders and stakeholders through the discovery of world-class deposits of silver, gold and base metals in southwestern Peru . The Company’s management and technical teams have a strong track record of raising capital, discovering and monetizing exploration successes. The Company’s exploration assets in Peru include: Hurricane Silver, Emilia, Coastal Batholith, Corisur and the flagship project, Curibaya, which is rapidly advancing towards its first drilling program. Tier One is seeking listing in the United States with targeted completion in Q2 2021. Visit www.tieronesilver.com for more information.
Looking to the future and general warning
This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”) that relate to the Company’s current expectations and beliefs about future events. All statements which express or involve discussions regarding expectations and plans, which are not historical facts, may be forward-looking statements and may involve estimates, assumptions and uncertainties that could cause actual results to differ. substantially from those expressed in these forward-looking statements. No assurance can be given that these expectations will prove to be correct and the forward-looking statements included in this press release should be interpreted accordingly. The statements contained herein speak only as of the date of this press release. In particular and without limitation, this press release contains forward-looking statements regarding the success of the Company’s OTCQB listing application, which cannot be guaranteed, and its exploration plans.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 Tier One acquired a 100% interest in the original concessions that make up the Curibaya project in 2015 and added the Sambalay and Salvador concessions in 2019. The Sambalay and Salvador concessions are subject to certain historical NSR royalties.
SOURCE: Tier One Silver Inc.
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