VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/30/15 -- Zincore Metals Inc. (NEX: ZNC.H)(LMA: ZNC) ("Zincore", the "Company") reports that its application to voluntarily delist its shares from trading on the TSX and transition to the NEX, as reported March 20, 2015, has been approved. Accordingly, the Company's shares will commence trading on the NEX at market open on Tuesday, March 31, 2015 under the new symbol "ZNC.H". The Company's existing share certificates will continue to represent the shares of the Corporation. The NEX trading platform is a separate board of the TSX-V.
Zincore CEO and President, Jorge Benavides, reiterated his comments from March 20th, reminding investors, "Although the market is not currently recognizing the value of earlier stage projects, the Company still owns and participates in the same projects whether listed on the NEX or TSX and we continue to pursue every avenue to realize value from these assets for our shareholders."
Zincore shares also currently trade on the Lima Stock Exchange ("BVL") and the Company understands that one of the conditions of this listing is to maintain a TSX or TSX-V listing. Accordingly, the Company expects that its shares will cease to trade on the BVL approximately 20 working days after delisting from the TSX.
About Zincore
Zincore is a Vancouver-based mineral exploration company focused mainly on zinc and related base metal opportunities in Peru. For more information, please see our website at www.zincoremetals.com.
Forward-looking Statements: Certain statements contained in this press release constitute forward-looking information with the meaning of applicable securities laws. These statements relate to future events or the Company's future performance, business prospects or opportunities. Forward-looking information includes, but is not limited to, statements with respect to the Company's copper exploration activities and a potential joint venture with First Quantum for copper targets within the Reconnaissance Properties. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "outlook" and similar expressions) are not statements of historical fact and may be forward looking information. The Company believes that the expectations reflected in such forward looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. These statements speak only as of the date of this press release. The Company does not intend, and does not assume any obligation, to update any forward-looking information except as required by law. Forward looking information involves risks and uncertainties which may cause actual results to be materially different from those expressed or implied by such forward looking information. Such risk and uncertainties relate to, among other things, results of exploration and development activities, the Company's historical experience with development-stage mining operations, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, changes in commodity prices, actual operating and financial performance of facilities, equipment and processes relative to specifications and expectations and unanticipated environmental impacts on operations, as well as those factors discussed in the section entitled "Risk Factors" and elsewhere in the Annual Information Form of Zincore dated March 18, 2014 which is filed with Canadian securities regulatory authorities and available on SEDAR (www.sedar.com). Such information contained herein represents management's best judgment as of the date hereof based on information currently available.
Contacts:
Zincore Metals Inc.
Adam Ho
VP, Corporate Development
(604) 669-6611 ext. 3
(604) 669-6616 (FAX)
aho@zincoremetals.com
www.zincoremetals.com
