Burnaby, British Columbia--(Newsfile Corp. - January 24, 2024) - Great Eagle Gold Corp. (CSE: GEGC) (FSE: GI8) is pleased to announce its common shares' debut on the Frankfurt Stock Exchange ("FSE") under the trading symbol "GI8". In a strategic move to expand its global footprint, Great Eagle has also initiated the listing process for its common shares in the United States on the Over-the-counter (OTC) market.
"The Frankfurt Stock Exchange listing marks a pivotal milestone for Great Eagle. This expansion into one of Europe's premier trading platforms not only opens the door to a new realm of European investors but also significantly enhances our trading liquidity and overall market presence. We are deeply committed to broadening our international reach and investor base, and we anticipate that our forthcoming OTC listing in the United States will be a key catalyst in this global growth strategy," stated Andrew Fletcher, President and Director of the Company.
The Frankfurt Stock Exchange (FSE) stands as one of the most influential international trading hubs for securities. Managed by Deutsche Boerse AG, the FSE is the largest of Germany's seven stock exchanges, commanding around 90 percent of all securities trading in Germany. Renowned for its sophisticated electronic trading, settlement, and information systems, the FSE offers a dynamic platform that facilitates cross-border trading, thus appealing to a broad spectrum of international investors.
About Great Eagle Gold Corp.
Great Eagle Gold Corp. (CSE: GEGC) (FSE: GI8), a Canadian public company, aims to be a leading digital green gold miner. Its unique strategy involves developing and acquiring certified gold resources to exchange into digital green gold tokens. By keeping the gold secured in the ground while tokenizing and monetizing its value, Great Eagle Gold Corp. introduces an innovative, ESG-friendly approach to wealth creation in the traditional gold mining industry.
Great Eagle Gold's inaugural gold resource development project is situated in Colombia's second-largest gold-producing region, Bajo Cauca. Hacienda Río Rayo encompasses three fully permitted exploration and production concessions, hosting nine active alluvial gold mining operations with an average monthly output of approximately 35 kilograms. The total area covered by these three concessions is 2,523 hectares. Despite its rich history of gold production, this extensive area has never undergone modern exploration or certification of gold resources. Identifying and quantifying this untapped potential is Great Eagle Gold's primary focus. Moreover, Colombia is anticipated to be the first country to enact green gold legislation, as championed by the International Green Gold Council, thus pioneering the way for a thriving green gold tokenization industry.
Besides its Colombian project, Great Eagle Gold's global acquisition strategy targets existing mining titles with NI 43-101 certified gold resources. This approach is in anticipation of a wave of green gold legislation, which is expected to open tokenization opportunities worldwide.
Great Eagle Gold Corp.
Andrew Fletcher, President
Tel: +1 604 568 0461
For further information please contact:
Green Gold Communications
Toll Free +1 877-513-5213
Email: info@greateaglegold.com
Website: www.greateaglegold.com
Disclaimer
Neither the Canadian Securities Exchange (CSE), nor the Frankfurt Stock Exchange (FSE), nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to the timing and amount of estimated future exploration potential and success of such exploration activities.
Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital, personnel and other resources will be available to the Company that will allow it to undertake exploration activities on its properties.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, the Colombian government or other governments not enacting green gold legislation; the Company not having access to the financial resources it needs in order to carry out its proposed exploration and acquisition activities; there being no assurance that any exploration programs will result in discovered gold mineral resources; risks and uncertainties inherent to any gold mineral resource estimates; receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future gold prices; accidents, labour disputes and shortages; environmental risks; and other risks relating to mining industry, including the risks set out in the Company's public disclosure documents that can be found on its profile page at www.sedarplus.ca.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. The Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
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