TORONTO, ONTARIO--(Marketwire - Oct. 26, 2010) - US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) is pleased to announce that it will transfer its NYSE Amex listing to the New York Stock Exchange (NYSE). Trading under the Company's symbol "UXG" is expected to begin at the opening of the NYSE on or about November 2, 2010. This transfer to the largest exchange in the world is expected to increase US Gold's market presence and trading liquidity.
"This is both an honor and a significant step towards achieving our goal of qualifying for S&P 500 by 2015! With an aggressive exploration program, two projects moving towards production in Nevada and Mexico and good trading liquidity, US Gold is well positioned to take advantage of rising precious metal prices," stated Rob McEwen.
US Gold has notified that NYSE Amex that it intends to voluntarily delist its common stock from NYSE Amex. Until the time that US Gold's common stock begins trading on NYSE, the common stock will continue to trade on NYSE Amex under its current symbol "UXG".
ABOUT US GOLD (www.usgold.com)
US Gold's goal is to qualify for inclusion in the S&P 500 within the next 5 years. US Gold explores for gold and silver in the Americas, has an exciting silver discovery called El Gallo in Mexico, and is advancing its Gold Bar Project in Nevada towards production. US Gold has a strong treasury and is debt free. The company's shares are listed on the NYSE Amex and the Toronto Stock Exchange under the symbol UXG, trading 1.2 million shares daily. US Gold's shares are also included in S&P/TSX and Russell indices.
Certain statements contained herein and subsequent oral statements made by and on behalf of the Company may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as "intends," "anticipates," "believes," "expects" and "hopes" and include, without limitation, statements regarding when the Company's common stock will begin trading on NYSE, increase in the Company's market presence and trading liquidity, if and when the Company will qualify for S&P500, the success of the Company's exploration program, whether the Company's exploration programs will begin producing, and rising metal prices. Factors that could cause actual results to differ materially include, among others, those set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors". Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulations, the Company disclaims any intent or obligation to update publicly these forward looking statements, whether as a result of new information, future events or otherwise.
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FOR FURTHER INFORMATION PLEASE CONTACT:
US Gold Corporation
Daniela Ozersky
Manager, Investor Relations
(647) 258-0395 or Toll Free: (866) 441-0690
Fax: (647) 258-0408
or
US Gold Corporation
Mailing Address
99 George Street, 3rd Floor
Toronto, ON M5A 2N4
info@usgold.com
www.usgold.com
INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: STK - STOCK/OTHER MARKET NEWS
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McEwen Mining
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PRODUCTEUR |
CODE : MUX |
ISIN : US58039P1075 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
McEwen Mining est une société développant des projet miniers d'or basée au Canada. McEwen Mining est productrice d'or, d'argent au Mexique et en Argentine, en développement de projets d'argent et d'or au Mexique, et détient divers projets d'exploration au Mexique. Ses principaux projets en production sont MAGISTRAL MINE au Mexique et SAN JOSE ARGENTINA en Argentine, son principal projet en développement est EL GALLO MEXICO au Mexique et ses principaux projets en exploration sont PALMARITO, GOLD PICK AND GOLD RIDGE, TONKIN PROJECT et MAGISTRAL au Mexique et LOS AZULES ARGENTINA et LIMO en Argentine. McEwen Mining est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 3,7 milliards US$ (3,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 29 juillet 2022 à 0,32 US$, et son plus haut niveau récent le 24 avril 2024 à 10,91 US$. McEwen Mining possède 337 054 594 actions en circulation. |