VANCOUVER, B.C., April 27, 2015 – El Tigre Silver Corp. ("El Tigre" or the "Company") (TSX VENTURE:ELS)(FRANKFURT:5RT)(OTCQX:EGRTF)(SSEV:TIGCL) is pleased to announce that effective April 24, 2015 it has commenced trading on the Santiago Stock Exchange, Venture Market ("SSEV") under the symbol TIGCL, offering access to the Latin American Integrated Market ("MILA"), Latin America's largest stock trading platform. El Tigre is the first Canadian junior mining company with a Mexican mining project to list on the SSE, providing new funding opportunities in the Chilean,Colombian, Mexican, and Peruvian capital markets for mining exploration companies.
The Mexican Stock Exchange, BMV, announced its first trade made as part of MILA on December 2 2014. With the entry of Mexico into MILA, the integrated stock market now counts 738 issuers among the four countries, making it the biggest market by number of listed companies in Latin America, and the biggest in terms of market capitalization. The joint capitalization of the four bourses is close to US$1 trillion.
Wade Anderson, El Tigre's Chairman and CEO states: "El Tigre is focused on Mexico, a country that has one of the largest mineral and ore reserves in the world and is the global leader in silver production. Canada, where El Tigre is headquartered, and the MILA countries are among the world's richest countries in terms of metals and ore, and El Tigre will continue to tap into those geographic regions with proven mineral and ore reserves. We are very excited to have access to investors in Mexico and Latin America through our SSEV listing. We view our newSSEV listing as a gateway to the Latin American financial system through MILA, an integrated platform on which investors and brokers in Chile, Colombia, Mexico and Peru seamlessly trade shares listed on any of the four markets through their local stock exchange. We are pleased and honoured to accept the invitation to list on the SSEV and view this as a tremendous opportunity for our company and our shareholders."
The SSEV aims to promote the finance and listing of exploration stage mining companies that are compliant with TSXV and Canadian securities regulations, in order to introduce TSXV companies to the Chilean capital market. On May 5, 2015 the official media launch event for the exchange will be held in Santiago with attendees including John McCoach, President of the TSX Venture; Aurora Williams, the Chilean Minister of Mining; and financial analysts and investors from the Chilean mining community.
El Tigre's principal listing is on the TSXV under the symbol ELS. The company is also listed on the OTCQX in the US under the symbol EGRTF and on Frankfurt under the symbol 5RT. The newSSEV listing will expand El Tigre's visibility in South America by making it easier for local investors to purchase shares in the Company and to provide access to a potential new source of capital through Chile, Colombia, Mexico and Peru. To access a quote for El Tigre on the SSEVplease click on the following link and enter the symbol TIGCL:www.bolsadesantiago.com/index.aspx.
About El Tigre
The Company, through its subsidiaries, holds the rights to 100% of nine mineral concessions, eight comprising of 215 square kilometres located in north-eastern Sonora, Mexico (the "El Tigre Property"), and approximately 90 kilometres south of the US-Mexico border. El Tigre also holds one additional 32 hectare claim separate from the El Tigre Property. A NI 43-101Technical Report Preliminary Feasibility Study has been prepared for the El Tigre Silver Project and can be found on the Company's profile on SEDAR at www.sedar.com and on the Company's website atwww.eltigresilvercorp.com.
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include amount and use of proceeds from the offering. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include those risks set out in the Company's public documents filed on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. 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 press release.
Original Article: http://www.eltigresilvercorp.com/_resources/news/nr_2015_04_27.pdf
