Montreal, Quebec / ACCESSWIRE / July 3 2014 / Uragold Bay Resources Inc. (“Uragold”) (TSX Venture: UBR) is pleased to announce that it has obtained a listing for its shares on the Frankfurt Stock Exchange (FWB).
Uragold listing in Frankfurt will benefit Uragold with a broadening of its shareholder base into Europe and increased trading activities while at the same time facilitating investment in the company by the European investing community.
Patrick Levasseur, President and COO of the Company stated that “everyone at UBR is optimistic that the listing in Frankfurt will give the Company added exposure to an investor base that traditionally is very active in the junior mining space and the TSXV.” Additionally, Mr Levasseur went on to say that “with the creation of Quebec Quartz and the excitement surrounding our High Purity Silica projects, the development of the Company’s gold assets coupled with a renewed interest in the TSXV as of late, there couldn’t be a better time for investors to look at UBR’s value proposition.”
The Company will maintain its primary listing on the Toronto Venture Exchange (TSX.V). The Company’s TSX.V announcements will now be disseminated to the European investor community via the Frankfurt Stock Exchange. Uragold’s International Securities Identification Number (ISIN) is: CA91689A2039, and our German Cusip No. is: WKN A1J2LV. Please follow the following link for the official listing overview at the Borse Frankfurt website here:
About Uragold Bay Resources Inc.
Uragold Bay Resources is a junior exploration company listed on the TSX Venture and on Borse Frankfurt. Uragold holds gold properties in Southern Quebec’s Appalachian belt and a strategic portfolio of high purity silica (+98.5% SiO2) deposits and closed silicon metal mines in Quebec.
Uragold is implementing a unique business model that calls for developing smaller-scale mining projects, (Capex < C$10M with a starting LOM between to 3 to 7 year), which can generate high yield returns (IRR > 50%), into mines in order to generate free cash flow to internally finance growth and blue-sky exploration projects
Uragold will reach these goals by developing Quebec’s first placer mine in 50 years, the Beauce Placer Project developing and, in partnership with Golden Hope Mines, the Bellechasse-Timmins Gold Deposit.
Uragold is developing its quartz assets through its wholly owned subsidiary, Quebec Quartz.
About Quebec Quartz
Uragold acquired some of the most prospective historical High Purity Quartz (HPQ) deposits with High Purity Silica (+98.5% SiO2) (HPS) values in Quebec during Q2 2014. Quebec Quartz is a 100% own subsidiary of Uragold Bay Resources, a junior exploration company listed on the TSX Venture under the symbol UBR. Quebec Quartz holds a strategic portfolio of high purity silica (+98.5% SiO2) deposits and closed silicon metal mines in Quebec. The HPS deposits that the Corporation has staked in Quebec can potentially have substantially higher margins as additional processing, (beneficiation), may not be necessary for end user applications.
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.
For further information contact
Bernard J. Tourillon, Chairman and CEO
Patrick Levasseur, President and COO
Tel: (514) 846-3271
SOURCE: Uragold Bay Resources Inc.