Vancouver, British Columbia, February 28, 2022 – Parallel Mining Corp. (the “Company”) (TSX-V:PAL) announces that effective at the close of business on March 8, 2022 its common shares will be delisted from the TSX Venture Exchange at the request of the Company.
The Company announces that it intends to make an application to the Canadian Securities Exchange (“CSE”) to list its common shares on the CSE. The listing of the Company on the CSE will be subject to all applicable shareholder and regulatory approvals.
For further information, please contact:
PARALLEL MINING CORP.
John Anderson,
President & CEO
Parallel Mining Corp.
(604) 218-7400
janderson@parallelmining.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain forward-looking information and statements. Forward-looking statements and/or information are based on a number of material factors, expectations and/or assumptions of Parallel Mining Corp. which have been used to develop such statements and information but which may prove to be incorrect. Undue reliance should not be placed on forward-looking statements. Parallel Mining Corp. can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified herein, assumptions have been made regarding: receipt of all applicable regulatory and stock exchange approvals to delist from the TSX-V and list on the CSE. The forward-looking information and statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Such information and/or statements, including the assumptions made in respect thereof, involve known and unknown risks, uncertainties and other factors that may cause actual results and/or events to differ materially from those anticipated in such forward-looking information and/or statements. Forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update forward-looking statements except as may be required by applicable securities laws.
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