CALGARY, ALBERTA--(Marketwire - Aug. 24, 2010) - TVI Pacific Inc. (TSX:TVI)(OTCQX:TVIPF) ("TVI" or "the Company") is pleased to announce that its common shares will commence trading on Pink OTC Market's premium-tier, OTCQX International, under the symbol "TVIPF" on Tuesday, August 24, 2010. TVI's common shares will continue to trade on the TSX under the symbol "TVI".
"Listing on the OTCQX affirms our commitment to enhance liquidity of our common shares to a broader shareholder base by maximizing our visibility and exposure in the U.S." said TVI's Executive Director of Corporate Relations, Rhonda Bennetto. "The OTCQX has earned a strong reputation for providing U.S. investors with improved liquidity, transparency, superior information and easy access through their U.S. regulated broker-dealers. Also, the visibility provided by Standard & Poor's Market Access Program, and the advisory services offered by vFinance and Moody's represents a strong opportunity for TVI to develop additional investor interest in a low-cost, efficient manner."
The Denver based law firm, Berenbaum Weinshienk PC will serve as TVI's Principal American Liaison ("PAL") on OTCQX regulatory matters. Both Moody Capital LLC and vFinance, Inc. will serve as the Company's exclusive OTCQX financial consultant/advisor for marketing the Company in the U.S. and counselling it on the U.S. capital markets.
About OTCQX
OTCQX is a highly visible trading platform that has attracted more than 110 companies since its inception in early 2007. Built on a robust electronic quotation and trading platform, OTCQX International has emerged as the world's leading premier cross-listing venture for international issuers that wish to benefit from U.S. trading and investor demand without diluting their current shareholder base. In just over three years, OTCQX has grown to a total market capitalization of more than $600 Billion. For more information, please visit www.otcqx.com.
About Standard & Poor's Market Access Program
TVI also notes that its Company information is available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 80,000 investment advisors. A public version of the site is available at www.advisorinsight.com. In addition, information about companies in Standard & Poor's Market Access Program is available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of TVI has been published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading.
About TVI Pacific Inc. (TSX:TVI) and (OTCQX:TVIPF)
TVI Pacific Inc. is a publically traded, copper producer focused on the exploration, development and acquisition of precious and base metal mining projects in the Philippines. The Company's interest in the Canatuan Mine and its other Philippine assets are held through its affiliate, TVI Resource Development (Phils.), Inc.
Forward looking information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the effect and benefits of this additional listing; the requirements of the listing; and regulatory matters. Forward-looking information respecting the effect and benefits of the additional listing are based on management's prior experiences with exchange listings and discussions held to date with third parties. Forward-looking statements regarding the requirements of the listing and regulatory matters are based advice received from legal representatives and qualified third parties. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.