on Mexus Gold US (NASDAQ:MXSG)
Mexus Gold US Announces Delisting and Prospective Partnership
Mexus Gold US has announced its decision to voluntarily delist from the OTCQB and expects to resume trading in February on the Pink Sheets under the same symbol, MXSG. This strategic move aims to align with ongoing developments and opportunities.
The company has signed a non-binding letter of intent with Tierra Nueva Minera, a potential partner in Mexico. This collaboration could enhance the production potential of Mexus's Santa Eleana property, anticipated to hold significant gold reserves.
CEO Paul Thompson believes the timing is favorable due to the current gold market and existing permits for drilling. Mexus plans to secure funds and release an SK-1300 resource report to potentially regain its OTCQB status.
R. E.
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