Norrland begins trading on Frankfurt Stock Exchange Norrland begins trading on Frankfurt Stock Exchange
Norrland Gold Corp (C:NORR)
Shares Issued 34,150,000
Last Close 12/1/2021 $0.125
Thursday December 2 2021 - News Release
Mr. Anders West reports
NORRLAND CAPITAL CORP. ANNOUNCES DUAL LISTING ON FRANKFURT STOCK EXCHANGE
Norrland Gold Corp.'s shares have been accepted for listing and have begun trading on the Frankfurt Stock Exchange under the symbol 8VC.
The company's common shares are now cross-listed on the TSX Venture Exchange and the Frankfurt Stock Exchange. The Frankfurt Stock Exchange is one of the world's leading international stock exchanges by revenue, profitability and market capitalization, and is the largest of Germany's stock exchanges.
"The listing on the Frankfurt Stock Exchange is an exciting milestone for the team. Given that the properties we are exploring are located in Sweden, we are pleased that it will now be easier for European investors to trade shares of the company," commented Anders West, chief executive officer of Norrland Gold."
About Norrland Gold Corp.
Norrland Gold is a precious-metals exploration company that is focused on gold discovery in mineral-rich Sweden.
Norrland owns 100 per cent of the Vittantrasket No. 1 tenement (No. 2019000975), located in the municipality of Lycksele in the county of VasterbottensIan in Sweden, covering 3,724.17 hectares, and the related Vittantrasket No. 1 exploration permit.
The property is located in northern Sweden, approximately 90 kilometres to the northwest of the provincial capital town of Umea in the southern part of the Gold-line metallogenetic district of Sweden. The exploration permit covers a significant gold anomaly, based on gold-in-glacial-till anomaly maps published by the Swedish Geological Survey (SGU) from samples gathered during the 1980s. While the property area has been partially covered by previous exploration permits in the past, it appears that none of the companies holding these previous exploration permits carried out any exploration work within the property. Several gold mines and gold and base-metal deposits have been discovered within the area (called Gold-line) on the basis of a district-wide gold-in-till anomaly discovered during the 1980s. The property is located in the southern part of the Gold-line area.
The property is an early-stage gold exploration project, based primarily on geochemical anomaly studies published by the Swedish Geological Survey. A number of gold and base-metal deposits and mines are known to exist within the Gold-line metallogenic district and bear a strong relationship to the overlying gold-in-till anomalies in their area.
The property is subject to a 1-per-cent net smelter return (NSR) royalty in favour of Goldore upon the property reaching commercial production. Further to the underlying agreement, the company will have the option of buying out the royalty for $4-million (U.S.) at any time.
Anders West, chief executive officer and director, and a qualified person as defined under National Instrument 43-101, has reviewed and approved the technical content of this release.
A National Instrument 43-101 technical report on the property has been filed on the company's SEDAR profile, which, along with the filing statement, provides further information about the property.