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Dajin Lithium Corp — Capital/Financing Update 2021
Jun 30, 2021
44009_rns_2021-06-29_5fb47d62-d06a-4379-859d-de31b4195fdb.pdf
Capital/Financing Update
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NEWS RELEASE
DAJIN UPGRADED TO THE OTCQB MARKET
June 29, 2021 – Vancouver, BC - Dajin Lithium Corp. (“Dajin” or the ‘Company”) (TSX-V: DJI) (OTCQB: DJIFF ) (Germany: C2U1 ) is pleased to report that Dajin has qualified for trading on the OTCQB Venture Market in the United States which is operated by the OTC Markets Group Inc. The Company’s common shares will trade under the symbol “DJIFF”. Trading in Dajin’s securities on the OTCQB market will commence on June 30, 2021. Dajin’s website is www.dajin.ca.
The OTCQB market provides more efficient access for U.S. investors, helping Canadian companies build greater shareholder value with a goal of enhancing liquidity and share valuation. In addition, investors will now have access to more transparent pricing information through the availability of premium Real-Time Level 2 Quote Display. This in turn, leads to more efficient trading for all investors. Through trading on the OTCQB market, companies can engage a larger network of U.S. investors, data distributors and media partners. The OTCQB market ensures U.S. investors easy access to the same high-quality information that is now available to investors in Canada, but through U.S. platforms and portals used to conduct research.
The OTCQB market is designed for development stage U.S. and International companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. These standards maintain transparency, as well improve the information available to shareholders through technology and regulation, enhancing the investor experience.
"The posting of our shares on the OTCQB, a well-known U.S. securities trading platform, should provide additional liquidity for Dajin by allowing US investors to more easily invest in our common stock," said Brian Findlay, CEO and President of Dajin. "As we continue to expand our presence within the US investment community, the trading of our shares on the OTCQB platform is timely as we anticipate increasing interest in Dajin by US investors looking to align with a progressive growth company.
"U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. The Company's listing on the TSX Venture Exchange and the trading of its shares on the OTCQB contribute to a genuine North American presence and affords investors excellent access to trading.
About Dajin Lithium:
Dajin Lithium Corp. is a Lithium exploration company with brine-based Lithium exploration projects located in Argentina and Nevada. Dajin has announced exceptional Lithium brine assay results from 25 shallow pits ranging from 281 mg/litre to 1,353 mg/litre, averaging 591 mg/litre on the Salinas Grandes salar in Jujuy province, Argentina ( geochemical map ). Dajin holds a 49% Joint Venture interest in 230,000 acres in Jujuy province with Litica Resources S.A., an operating subsidiary of Pluspetrol Resources Corporation, a major international Argentinian oil and gas company.
In Nevada, Dajin holds a 100% interest in 403 placer mining claims covering 7,914 acres in the Teels Marsh valley of Mineral County, Nevada. Dajin has acquired the water rights in the Teels Marsh valley and has received all of the necessary permits for drilling, with engineered access roads and two large drill pads constructed. Dajin holds an earn-in agreement with Lone Mountain Resources LLC, an affiliate of Lilac Solutions, Inc., to earn a 75% interest in Dajin’s 100% owned Alkali Lake lithium project located 7 miles from Albemarle’s Silver Peak Lithium brine operation in Clayton Valley, Esmeralda County, Nevada.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) do not accept any responsibility for the adequacy or accuracy of this news release.
Caution Regarding Forward-Looking Statements
Certain statements contained in this news release may constitute forward–looking information. Forward–looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward–looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward–looking information. The Company's actual results could differ materially from those anticipated in this forward– looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward–looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward– looking information should not be unduly relied upon. Any forward–looking information contained in this news release represents the Company's expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward–looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
For further information: Brian Findlay, President & CEO, Telephone: (604) 681-6151, Fax (604) 689-7654, Email: [email protected]
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