VANCOUVER, BC, Jan. 27, 2021 /CNW/ - Tectonic Metals Inc.
(TSX-V: TECT; OTCQB: TETOF; FSE: T15B) ("Tectonic" or the
"Company") is pleased to announce that its common shares are now
listed on the Frankfurt Stock Exchange ("FSE") under the trading
symbol T15B.
The FSE, operated by Deutsche Börse AG, is one of the world's
largest trading centers for securities and the largest of the eight
stock exchanges in Germany.
Tectonic's Frankfurt listing is expected to facilitate
the process of trading in its shares by investors
in Europe and internationally.
Tony Reda, Tectonic's
President and CEO, commented, "Our Frankfurt listing
enables European investors to participate in our success and
complements our existing Canadian listing on the TSX Venture
Exchange as well as Tectonic's trading on the OTCQB.
Trading on the FSE will increase the Company's visibility for
European investors while improving liquidity for our shareholders.
This is a timely initiative as we have a robust pipeline of
exploration activity ahead of us over the course of 2021."
About the Frankfurt Stock Exchange
The FSE is one of the world's largest trading centers for
securities. Operated by Deutsche Börse AG, the FSE is the largest
of the eight German stock exchanges. Deutsche Börse's products and
services portfolio cover the entire process chain including
securities and derivatives trading, transaction settlement, the
provision of market information, as well as the development and
operation of electronic trading systems. For more information,
visit Deutsche Börse at: http://deutsche-boerse.com.
About Tectonic
Tectonic Metals Inc. is a mineral exploration company created
and operated by an experienced and well-respected technical and
financial team with a track record of wealth creation for
shareholders. Key members of the Tectonic team were involved
with Kaminak Gold Corporation, the company that raised C$165 million to fund the acquisition, discovery
and advancement of the Coffee Gold Project in the Yukon Territory through to the completion of a
bankable feasibility study before selling the multi-million-ounce
gold project to Goldcorp Inc. (now Newmont Goldcorp) for
C$520 million in 2016.
Tectonic is focused on the acquisition, exploration, discovery
and development of mineral resources from district-scale projects
in politically stable jurisdictions that have the potential to host
world-class orebodies.
Tectonic believes that responsible mineral exploration and
development can positively impact the communities in which the
company lives and operates and is committed to early and ongoing
community engagement, best practices in environmental stewardship
and the development of a strong safety culture. Whether at home or
at work, the Tectonic team is grounded on the following core
values: passion, integrity, patience, focus, perseverance,
honesty, fairness, accountability, respect and a play big
mindset. The company works for its shareholders and is
committed to creating value for them.
On behalf of Tectonic Metals Inc.,
Tony Reda
President
and Chief Executive Officer
For further information about Tectonic Metals Inc. or this news
release, please visit our website at www.tectonicmetals.com or
contact Bill Stormont, Investor
Relations, at toll-free 1.888.685.8558 or by email at
info@tectonicmetals.com.
Facebook:
https://www.facebook.com/TectonicMetals/
Twitter: https://twitter.com/TectonicMetals
Instagram:
https://www.instagram.com/tectonicmetals/
LinkedIn:
https://www.linkedin.com/company/tectonic-metals
Cautionary Note Regarding Forward-Looking Statements and
Historical Information
Certain information in this news release constitutes
forward-looking information and statements under applicable
securities law. Any statements that are contained in this news
release that are not statements of historical fact may be deemed to
be forward-looking statements. Forward-looking statements are often
identified by terms such as "may", "should", "anticipate",
"expect", "intend" and similar expressions and include, but are not
limited to, statements with respect to the potential for
mineralization at Tectonic's projects and any future exploration
activities. The Company makes no representation
or warranty regarding the accuracy or completeness of any
historical data from prior exploration undertaken by others other
than the company and has not taken any steps to verify, the
adequacy, accuracy or completeness of the information provided
herein and, under no circumstances, will be liable for any
inaccuracies or omissions in any such information or data, any
delays or errors in the transmission thereof, or any loss or
direct, indirect, incidental, special or consequential damages
caused by reliance on this information or the risks arising from
the stock market.
Forward-looking information is not a guarantee of future
performance and is based upon a number of estimates and assumptions
of management at the date the statements are made including, among
others, assumptions about future prices of gold and other metal
prices, currency exchange rates and interest rates, favourable
operating conditions, political stability, obtaining
governmental and other approvals and financing on time,
obtaining required licenses and permits, labour stability,
stability in market conditions, availability of equipment, accuracy
of any mineral resources, successful resolution of disputes and
anticipated costs and expenditures. Many assumptions are based on
factors and events that are not within the control of
Tectonic, and there is no assurance they will prove to be
correct.
Although Tectonic considers these beliefs and assumptions to
be reasonable based on information currently available to it, they
may prove to be incorrect, and the forward-looking statements in
this release are subject to numerous risks, uncertainties and other
factors that may cause future results to differ materially from
those expressed or implied in such forward-looking statements.
Forward-looking statements necessarily involve known and unknown
risks, including, without limitation: the Company's ability to
implement its business strategies; risks associated with mineral
exploration and production; risks associated with general economic
conditions; adverse industry events; marketing and transportation
costs; loss of markets; volatility of commodity prices; inability
to access sufficient capital from internal and external sources,
and/or inability to access sufficient capital on favourable terms;
industry and government regulation; changes in legislation, income
tax and regulatory matters; competition; currency and interest rate
fluctuations; and other risks.
Readers are further cautioned not to place undue reliance on
forward-looking statements as there can be no assurance that the
plans, intentions or expectations upon which they are placed will
occur. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. Although Tectonic
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. Tectonic does
not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
[Neither the TSX Venture Exchange nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.]
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SOURCE Tectonic Metals Inc.