Everton Begins Trading on OTCQX Under “EVRRF”
OTTAWA, ONTARIO - (November 29, 2011) - Everton Resources Inc. (“Everton” or the “Company”) (TSX-V: EVR) (FRANKFURT: ERV) (OTCQX: EVRRF) is pleased to announce that common shares of the Company have begun trading on the OTCQX marketplace, the premier tier of the U.S. over-the-counter (“OTC”) market, effective November 29, 2011. This follows approval of the Company’s application by OTC Markets Group Inc. (“OTC Markets Group”). Everton will trade under the symbol "EVRRF".
About OTC Markets Group Inc.
OTC Markets Group operates the leading inter-dealer electronic quotation and trading system in securities not listed on a U.S. stock exchange. Securities are assigned to a multi-tier system: the premier, quality controlled OTCQX market tier comprises investor-focused OTC-traded companies that can satisfy financial and disclosure standards, the U.S. registered and reporting OTCQB market tier which comprises companies that are current in their reporting obligations with the SEC or report to a U.S. banking or insurance regulator and the open trading OTC Pink marketplace. The various tiers account for over US$200 billion in trading volume annually.
About Everton Resources Inc.
Everton Resources and Brigus Gold Inc., Everton's exploration partner in the Dominican Republic, have reached an agreement whereby Everton will acquire 100% ownership of Brigus' remaining interest in the Ampliación Pueblo Viejo II ("APV"), Ponton and La Cueva concessions in the Dominican Republic. Everton is actively exploring adjacent to the US$3.8 billion Pueblo Viejo project, currently being developed by the world's largest gold mining company, Barrick Gold Corporation (60%) in partnership with Goldcorp Inc. (40%) ("Goldcorp") (NYSE:GG)(TSX:G). Planned divestiture of its 100%-owned subsidiary Hays Lake Gold containing the Shoal Lake Gold Project in Kenora, Ontario is expected to provide internal funding to advance the Ampliacion Pueblo Viejo project. Everton also holds an interest in the Opinaca region of James Bay, Quebec where the Company has partnered with Aurizon Mines Ltd. who is advancing Everton's interest by funding 100% of all exploration work on one of the largest land packages adjacent to Goldcorp's Eleonore gold deposit.
This news release contains certain forward-looking statements that involve risks and uncertainties, such as statements of Everton's plans, objectives, strategies, expectations and intentions. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to Everton, or its management, are intended to identify such forward-looking statements. Many factors could cause Everton's actual results, performance or achievements to be materially different any future results, performance or achievements that may be expressed or implied by such forward-looking statements. The forward-looking statements included in this press release represent Everton's views as of the date of the release. While Everton anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward-looking statements, except in accordance with applicable securities laws. Accordingly, readers are advised not to place undue reliance on forward-looking information. All subsequent written and oral forward-looking statements attributable to Everton or persons acting on its behalf are expressly qualified in their entirety by this notice.
Neither 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.
Mr. Andre Audet
Chairman and CEO