Tuesday, January 31, 2017 9:05:27 AM
Excelsior Mining to Commence Trading on the Toronto Stock Exchange
Marketwired Marketwired
January 31, 2017
VANCOUVER, BC--(Marketwired - January 31, 2017) - Excelsior Mining Corp. (TSX VENTURE: MIN) (3XS.F) (EXMGF) ("Excelsior" or the "Company") is pleased to announce that it has received final approval for its common shares to be listed and commence trading on the Toronto Stock Exchange ("TSX") at the opening of trading on Thursday, February 2, 2017. The Company shall retain its current trading symbol of "MIN". Concurrently, Excelsior's common shares will be delisted from the TSX Venture Exchange.
Commenting on this news, Stephen Twyerould, President & CEO said, "Coming on the heels of the release of our Feasibility Study, and with mine construction scheduled to commence later this year, Excelsior's graduation to TSX is aptly timed. This listing will bring enhanced investor recognition to the Gunnison Copper Project, which remains on-track to become the next new copper mine in the United States."
Mark Morabito, Excelsior's Chairman, added, "With this TSX listing, Excelsior claims its rightful place on the world's leading stock exchange for mining companies. Trading on TSX represents opportunities for improved liquidity and greater access to capital. This is yet another successfully executed milestone that highlights Excelsior's positive trajectory and the strength of its management team, led by Stephen Twyerould."
About Excelsior Mining
Excelsior Mining "The Copper Solution Company" is a mineral exploration and development company that is advancing the Gunnison Copper Project in Cochise County, Arizona. The project is an advanced staged, low cost, environmentally friendly, in-situ recovery copper extraction project that is scheduled for commercial production in 2018.
Additional information about the Gunnison Copper Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Gunnison Copper Project, NI 43-101 Technical Report, Feasibility Study" dated effective December 17, 2016.
Excelsior's technical work on the Gunnison Copper Project is supervised by Stephen Twyerould, Fellow of AUSIMM, President & CEO of Excelsior and a Qualified Person as defined by National Instrument 43-101. Mr. Twyerould has reviewed and approved the technical information contained in this news release.
For more information on Excelsior, please visit our website at www.excelsiormining.com.
ON BEHALF OF THE EXCELSIOR BOARD
"Stephen Twyerould"
President & CEO
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