Zincore Metals to Resume Trading
ZINCORE METALS INC.
#1201 – 1166 Alnerni Street Vancouver, British Columbia V6E 3Z3
NEWS RELEASE
ZINCORE METALS TO RESUME TRADING
Vancouver, BC, July 8, 2022 – Zincore Metals Inc. (the “Company”) (NEX:ZNC.H) announces that the Company had applied to resume trading of its common shares on the NEX Board of the TSX Venture Exchange (the “TSXV”). The TSXV has advised that effective at the market open on Tuesday, July 12, 2022 the common shares of the Company will resume trading.
The Company’s common shares were halted from trading on January 14, 2019 in connection with a proposed reverse takeover transaction involving Mines & Metals Trading (Peru) PLC (“MMTP”). The Company subsequently announced the expiration of the proposed reverse takeover transaction on September 1, 2020. Since that time, the Company has been focussed on identifying potential acquisition targets, but at this time no terms have been reached in respect of any potential acquisitions.
In connection with the MMTP transaction, MMTP advanced loans of approximately C$437,514 to the Company between August 2019 and September 2020, which were subsequently assigned to an arm’s length third party. The loans are currently non-interest bearing and due on demand. As of June 30, 2022, C$437,514 is outstanding pursuant to the loans.
About Zincore
Zincore is a Vancouver-based Company, with common shares which trade on the NEX Board of the TSX Venture Exchange under the symbol ZNC.H.
ON BEHALF OF THE BOARD OF DIRECTORS
“Adam Ho”
Adam Ho Chief Financial Officer and Director
For further information, please contact:
Zincore Metals Inc.
Adam Ho, CFO, Director (604) 669-6611 [email protected]
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 Note Regarding Forward Looking Statements
This news release contains certain forward-looking statements, Any statements that express or involve
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