/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
VANCOUVER, BC, March 5, 2021 /CNW/ - Northern Vertex
Mining Corp. ("Northern Vertex") (TSXV: NEE) (OTC-NASDAQ Intl:
NHVCF) is pleased to announce that, further to the joint press
release dated January 14, 2021 by
Northern Vertex and Eclipse Gold Mining Corporation
("Eclipse"), 22,559,498 common share purchase warrants (the
"Warrants") of Northern Vertex will commence trading on the
TSX Venture Exchange as of the opening of trading on March 9, 2021 under trading symbol "NEE.WT".
The Warrants were issued in connection with a recent merger
transaction undertaken between Northern Vertex and Eclipse. Each
Warrant entitles the holder thereof to purchase one common share of
Northern Vertex (each, a "Common Share") at a price of
$0.80 per Common Share and will
expire on January 14, 2023.
About Northern Vertex
Northern Vertex owns and
operates the Moss Mine, currently the largest pure gold and silver
mine in Arizona, and is exploring
the district-scale Hercules gold property within Nevada's Walker
Lane trend. Focused on low-cost gold and silver production,
Northern Vertex has experience across all areas of operations, mine
development, exploration, acquisitions and financing of mining
projects.
ON BEHALF OF THE BOARD OF DIRECTORS OF NORTHERN VERTEX MINING
CORP.
Douglas J. Hurst
Chairman and Director
TSXV: NEE | Nasdaq Intl: NHVCF | Frankfurt: 54N | ISIN: CA6660061012 | WKN:
A1JUA0
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.
Cautionary Statement Regarding Forward-Looking
Information
All statements, trend analysis and other information contained
in this press release about anticipated future events or results
constitute forward-looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "expect" and
"intend" and statements that an event or result "may", "will",
"should", "could" or "might" occur or be achieved and other similar
expressions. All statements, other than statements of historical
fact, included herein, are forward-looking statements. Although
Northern Vertex believes that the expectations reflected in such
forward-looking statements and/or information are reasonable, undue
reliance should not be placed on forward-looking statements since
Northern Vertex can give no assurance that such expectations will
prove to be correct. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements, including the risks, uncertainties
and other factors identified in Northern Vertex's periodic filings
with Canadian securities regulators. Forward-looking statements are
subject to business and economic risks and uncertainties and other
factors that could cause actual results of operations to differ
materially from those contained in the forward-looking statements.
Important factors that could cause actual results to differ
materially from Northern Vertex's expectations include risks
associated with the business of Northern Vertex; risks related to
reliance on technical information provided by Northern Vertex;
risks related to exploration and potential development of Northern
Vertex's projects; business and economic conditions in the mining
industry generally; fluctuations in commodity prices and currency
exchange rates; uncertainties relating to interpretation of drill
results and the geology, continuity and grade of mineral deposits;
the need for cooperation of government agencies in the exploration
and development of properties and the issuance of required permits;
the need to obtain additional financing to develop properties and
uncertainty as to the availability and terms of future financing;
the possibility of delay in exploration or development programs and
uncertainty of meeting anticipated program milestones; uncertainty
as to timely availability of permits and other governmental
approvals; and other risk factors as detailed from time to time and
additional risks identified in Northern Vertex's filings with
Canadian securities regulators on SEDAR (available at
www.sedar.com). Forward-looking statements are based on estimates
and opinions of management at the date the statements are made.
Northern Vertex does not undertake any obligation to update
forward-looking statements except as required by applicable
securities laws. Investors should not place undue reliance on
forward-looking statements.
SOURCE Northern Vertex Mining Corp.