New Energy Metals Announces Uplisting to OTCQB
Vancouver, British Columbia, June 20, 2023 New Energy Metals Corp. (TSXV: ENRG) (OTCQB: NRGYF) (“New Energy” or the “Company “) is pleased to announce its successful uplisting from the OTC Pink Open market to the OTCQB® Venture Market (the “OTCQB”). New Energy’s common shares will begin trading on the OTCQB under the existing symbol “NRGYF” as of the opening of market on Wednesday, June 21, 2023.
The OTCQB, operated by the OTC Markets Group Inc., is a premier and established marketplace for entrepreneurial and development stage U.S. and international companies. With more compliance and quality standards, the OTCQB provides a strong baseline of transparency to improve the information and trading experience for investors. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market providing public information for analysis and value of securities. Shareholders and potential investors can access real-time stock quotes, financial information, and company updates through various financial data platforms, brokerages and the OTC Markets Group’s website, www.otcmarkets.com/stock/nrgyf.
Rishi Kwatra, CEO, commented, “The uplisting reflects our dedication to creating long-term value for our shareholders and underscores our commitment to maintaining the highest standards of transparency and corporate governance. We believe this move will enhance our visibility within the investment community, attract a broader investor base, and provide greater liquidity for our shareholders.”
The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “ENRG”.
ON BEHALF OF THE BOARD OF DIRECTORS,
New Energy Metals Corp.
Rishi Kwatra
CEO & Director
#610 – 700 West Pender Street
Vancouver, BC V6C 1G8 Canada
Tel: 604-669-9788
About New Energy Metals Corp.
New Energy is a Canadian-based resource company listed on the TSX Venture Exchange under the symbol ENRG. The Company has an option to purchase a 100-per-cent interest in the Roslyn lithium property, covering 5,100 hectares located 20 kilometers southeast of the Georgia Lake pegmatite field and 35 kilometers southeast of where Rock Tech Lithium just published a preliminary economic assessment supporting the indicated mineral resource of 10.6 Mt (million tons) grading 0.88 per cent lithium oxide and an inferred mineral resource of 4.2 Mt grading 1.0 per cent Li2O. The Company also has an option to purchase a 100-per-cent interest in the Troitsa copper property covering approximately 7,000 hectares located in the Omineca mining division of British Columbia.
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 on Forward Looking Information
Certain statements made, and information contained herein may constitute “forward looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as “anticipates”, “believes”, “targets”, “estimates”, “plans”, “expects”, “may”, “will”, “speculates”, “could” or “would”.
All of the forward-looking statements made in this document are qualified by these cautionary statements. Although the Company 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, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward–looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law.
