Toronto, Ontario--(Newsfile Corp. - June 9, 2023) - Resouro Gold Inc. (TSXV: RAU) (FSE: BU9) ("Resouro" or the "Company") is pleased to announce that its shares are now trading on Germany's Tradegate Exchange under the ticker "BU9", and the Company has appointed DGWA as European corporate advisor.
Tradegate is a fully regulated German trading exchange, 60% owned by Deutsche Börse AG. The exchange facilitates trading in over 10,000 securities from around the world. It is the primary exchange for the retail share trading for large German and French banks such as Deutsche Bank, Commerzbank, and BNP and many of the European online brokers.
This listing complements the trading on the Frankfurt Stock Exchange and facilitates European investors being able to purchase and trade Resouro's shares with low transaction costs.
To enhance its European efforts, Resouro has appointed Frankfurt-based DGWA, the German Institute for Asset and Equity Allocation and Valuation, as its investor relations and corporate advisor in Europe.
DGWA will assist the Company to engage with retail, institutional and large private investors in the German-speaking DACH region (Germany, Austria, and Switzerland) with a population of close to 100 million people, as well as the rest of Europe and the United Kingdom.
The European advisor will also assist Resouro with expanding its European profile for investor and stakeholder awareness of the exploration activities on the Company's Tiros Titanium-REE Project and Novo Mundo Gold Project in Brazil.
The latest company presentation can be downloaded from the German webpage: https://resouro.com/deutsch/
Stefan Müller, CEO of DGWA, comments: "We are excited to be partnering with Resouro Gold to introduce the company to European investors and corporates. The global demand for rare earths, which are used in a range of applications from permanent magnets for EVs to renewable energy devices, has increased significantly in recent years. To meet the worldwide decarbonization goals, the demand for rare earth elements may see as much as a 300 - 700% increase by 2040. Resouro is well positioned with its Tiros Titanium and Rare Earth project to benefit from this demand increase, with the project's near surface mineralization and excellent infrastructure."
About DGWA
DGWA, the German Institute for Asset and Equity Allocation and Valuation ("Deutsche Gesellschaft für Wertpapieranalyse GmbH"), is a European Investment Banking Boutique based in Frankfurt, Germany. The management team has a 25-year track record in trading, investing, and analysing SMEs around the world. DGWA has been involved in over 250 IPOs, financings, bond issues, dual listings, and corporate finance transactions as well as corresponding road shows and awareness campaigns.
About Resouro Gold Inc.
Resouro is a Canadian-based mineral exploration and development company focused on the discovery and advancement of economic mineral projects in Brazil, including the Novo Mundo Gold Project in Mato Grosso and the Tiros Titanium-REE Project in Minas Gerais. Learn more about the Company on its website: https://resouro.com.
On behalf of the Board of Directors,
Chris Eager, President & CEO
RESOURO GOLD INC.
For further information, please contact the Company at:
Chris Eager, CEO
chris.eager@resouro.com
For Investor inquiries
nick@grovecorp.ca
416-642-1807
Disclaimer
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the completion of the titanium-REE project acquisition, closing of the placement, expected terms of the placement, the number of securities of Resouro that may be issued in connection with the transaction, and the parties' ability to satisfy closing conditions and receive necessary approvals. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation and environmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; liabilities inherent in the mining industry; competition for, among other things, skilled personnel and supplies; incorrect assessments of the value of acquisitions; geological, technical, processing and transportation problems; changes in tax laws and incentive programs; failure to realize the anticipated benefits of acquisitions and dispositions; and the other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
The TSX Venture Exchange has neither approved nor disapproved 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 release.
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