VANCOUVER, BC, April 7,
2022 /CNW/ - Minerva Intelligence Inc. (TSXV:
MVAI) (OTCQB: MVAIF) ("Minerva" or the "Company"), an artificial
intelligence software company focused on building decision support
tools for climate risk, mineral exploration and mining, is pleased
to announce that it has qualified for trading on the OTCQB Venture
Market in the United States
operated by the OTC Markets Group Inc. The Company's common shares
will commence trading on the OTCQB under the symbol "MVAIF" on
April 7, 2022. The Company's common
shares will continue to trade on the TSX Venture Exchange under the
symbol "MVAI".
"Having an OTCQB listing is an important step for us to share
our progress and our success with a wider investor audience across
North America as we continue to
increase our shareholder base," said Scott
Tillman, CEO of Minerva. "We are aggressively executing on
our commercialization strategy as our AI-based technology has
proven to be an industry changer for mining exploration field and
we look forward to providing updates in the near future regarding
our climate risk assessment technology and we are excited to
provide the US investment community access to be part of this
accelerated growth phase."
U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
Minerva is also pleased to announce that is has entered into an
agreement with Morgan Knowles on
April 01, 2022, to provide the
Company with investor relations services, particularly with
developing and managing a comprehensive investor relations and
corporate communications program, as well as supporting corporate
governance activities. Morgan has over ten years of experience in
capital markets and investor relations having worked for several
publicly traded companies with a specialty in the mining
sector.
Morgan has been retained for a three-month period at a monthly
fee of CAD $7,000. Either party may
terminate the agreement at any time providing the other party with
30 days' prior written notice.
About Minerva Intelligence Inc.
Minerva Intelligence Inc. is a software development company
based in Vancouver, Canada, with a
subsidiary office in Darmstadt, Germany. Their proprietary technology is
empowering organizations to make defensible decisions in the face
of climate change.
Although Minerva's applications focus on the search for critical
metals and the assessment of physical climate risk, their
technology has application in diverse industries and domains.
Minerva's common shares are currently listed on the TSX Venture
Exchange (symbol MVAI). For further details, please refer to
their website www.minervaintelligence.com or follow
Minerva on Twitter or LinkedIn.
Cautionary Note Regarding Forward-Looking
Statements
Forward Looking Information: This news release includes
certain information that may be deemed "forward-looking
information". Forward-looking information can generally be
identified by the use of forward-looking terminology such as "may",
"will", "expect", "intend", "estimate", "anticipate", "believe",
"continue", "plans" or similar terminology. All information in this
release, other than information of historical facts, including,
without limitation, the availability of financing to the Company
are forward-looking information that involve various risks and
uncertainties. Although the Company believes that the expectations
expressed in such forward-looking information are based on
reasonable assumptions, such expectations are not
guarantees of future performance and actual results
or developments may differ materially from those in the
forward-looking information. Forward-looking information is based
on a number of material factors and assumptions. Factors that could
cause actual results to differ materially from the forward-looking
information include changes in project parameters as plans continue
to be refined, future metal prices, availability of capital and
financing on acceptable terms, general economic, market or business
conditions, regulatory changes, delays in receiving approvals, and
other risks detailed herein and from time to time in the filings
made by the Company with securities regulatory authorities
in Canada. Mineral exploration and development of mines is an
inherently risky business. Accordingly, actual events may differ
materially from those projected in the forward-looking information.
For more information on the Company and the risks and challenges of
our business, investors should review our continuous disclosure
filings which are available at www.sedar.com. Readers
are cautioned not to place undue reliance on forward-looking
information. The Company does not undertake to update any
forward-looking information, except in accordance with applicable
securities laws.
The TSX Venture Exchange has neither approved nor disapproved
of the contents of this press release. 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 press
release.
SOURCE Minerva Intelligence Inc.