🕐07.10.11 - 14:54 Uhr
SILVERCREST COMMENCES TRADING ON OTCQX
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SilverCrest Commences Trading on OTCQX
TSX-V SVL OTCQX: STVZF
For Immediate Release
Dear Subscriber,
VANCOUVER, B.C.
October 7, 2011 – SilverCrest Mines Inc.
(the “Company”) is
pleased to announce the Company’s shares commenced trading today on the OTC
market’s prestigious tier, OTCQX International, under the trading symbol:
STVZF.
Investors can find current financial disclosure and Real-Time Level 2
quotes for the Company on [2]www.otcqx.com and [3]www.otcmarkets.com.
Links:
2.
http://www.otcqx.com
3.
http://www.otcmarkets.com
J.
Scott Drever, President of SilverCrest stated; “We are pleased to begin
trading on the OTCQX as it gives our current and potential shareholders
another regulated platform from which they can conveniently trade our common
shares.
From the Company’s perspective, it provides added exposure to an
expanded US market of precious metals investors.”
“The superior information and visibility of the OTCQX marketplace allows
companies to efficiently build investor confidence and expand their
shareholder base,”said R.
Cromwell Coulson, President and Chief Executive
Officer of OTC Markets Group.“We are pleased to welcome SilverCrest Mines to
OTCQX.”
Dorsey & Whitney LLP will serve as SilverCrest Mines’ Principal American
Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX
requirements.
[4]SilverCrest Mines Inc.
(OTCQX: STVZF; TSX.V: SVL) trades in the United
States on OTCQX under the symbol “STVZF”, and in Canada on TSX Venture under
the symbol “SVL”.
SilverCrest Mines Inc.
is a Mexican precious metals
producer headquartered in Vancouver, BC.
SilverCrests flagship property is
the 100%-owned Santa Elena Mine, which is located 150km northeast of
Hermosillo, in the State of Sonora, Mexico.
The mine is a high-grade,
epithermal gold and silver producer, with an estimated life of mine cash
cost of US$8 per ounce of silver equivalent.
SilverCrest anticipates that
the current 2,500 tonnes per day facility will produce approximately
4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life
of the open pit phase of the Santa Elena Mine.
The Company also has two
additional exploration properties, the Cruz de Mayo, in Sonora, Mexico and
La Joya in Durango, Mexico.
(Please view our web site at [5]www.silvercrestmines.com for additional
corporate and project information.)
Links:
4.
http://www.otcmarkets.com/stock/STVZF/quote
5.
http://www.silvercrestmines.com
About OTC Markets Group Inc.
[6]OTC Markets Group Inc.(OTCQX: OTCM) operates the worlds largest
electronic marketplace for broker-dealers to trade unlisted stocks.
The OTC
Link^™ platform supports an open network of competing broker-dealers that
provide investors with the best prices in over 10,000 OTC securities.
OTC-traded companies are categorized into three tiers - OTCQX (the
quality-controlled marketplace for investor friendly companies), OTCQB^®
(the U.S.
reporting company marketplace for development stage companies),
and OTC Pink^™ (the speculative trading marketplace) enabling investors to
identify the level and quality of information companies provide.
To learn
more about how OTC Markets Group makes the unlisted markets more
transparent, informed, and efficient, visit [7]www.otcmarkets.com.
Links:
6.
http://www.otcmarkets.com/stock/128054/quote
7.
http://www.otcmarkets.com
This news release contains forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties.
The Company’s actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a
result of numerous factors, some of which may be beyond the Company’s
control.
These factors include: the availability of funds; the timing and
content of work programs; results of exploration activities and development
of mineral properties, the interpretation of drilling results and other
geological data, the uncertainties of resource and reserve estimations,
receipt and security of mineral property titles; project cost overruns or
unanticipated costs and expenses, fluctuations in metal prices; currency
fluctuations; and general market and industry conditions.
Forward-looking
statements are based on the expectations and opinions of the Company’s
management on the date the statements are made.
The assumptions used in the
preparation of such statements, although considered reasonable at the time
of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.
“J.
Scott Drever”
J.
Scott Drever, President
For further information, please contact:
Fred Cooper
570 Granville Street, Suite 501
Vancouver, BC V6C 3P1
Telephone: (604) 694-1730
Fax: (604) 694-1761
Email: [8]
Website: [9]www.silvercrestmines.com
Toll Free: 1-866-691-1730 (Canada & USA)
Links:
8.
mailto:
9.
http://www.silvercrestmines.com
Neither 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.
SilverCrest Mines Inc.
Copyright ©2008 | [10]
SilverCrest Mines Inc.
- 570 Granville St., Suite 501 V6C 3P1, Vancouver BC
Links:
10.
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