USA financial news

Advance United Holdings Recordsdata Type 211 With FINRA to Qualify for OTC Itemizing in the US

Toronto, Ontario–(Newsfile Corp. – November 25, 2021) – Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the “Firm” or “Advance United”) is happy to report that on November 23, 2021 the Firm filed Type 211 with the Monetary Trade Regulatory Authority (“FINRA”) of the US to qualify the Firm’s frequent inventory for itemizing and public quotations on the Over The Counter (“OTC”) market pursuant to Alternate Act Rule 15c2-11. B. Riley Monetary Inc. (www.brileyfin.com) assisted us within the preparation and submitting of our Type 211 with FINRA.

FINRA is the US regulator answerable for the OTC markets, together with the OTCQB, OTCBB, and Pink Sheets (www.otcmarkets.com). With the intention to turn out to be publicly listed within the on the OTC, an organization should file Type 211 with FINRA in compliance with Rule 15c2-11. Rule 15c2-11 covers the necessities obligatory for the initiation of digital citation of securities on the OTC Markets. Rule 15c2-11 permits dealer sellers to provoke quotes of OTC securities not listed on the NYSE or NASDAQ.

CEO Jim Atkinson says, “We’re happy to announce step one within the strategy of itemizing in the US. It will enhance our public firm presence within the USA in parallel to our operational growth to take a look at potential properties that match our mannequin and portfolio. We’re very excited to proceed growth in each the Canadian and US markets over the approaching 12 months.”

About Advance United

Advance United, headquartered in Toronto, Canada, is traded on the Canadian Securities Alternate in Canada below the image “AUHI” and the Börse Frankfurt Inventory Alternate in Germany below the image “9I0”.

We’re a special type of Canadian junior mining firm, one designed to succeed the place different junior mining corporations fail. We’re concerned solely within the acquisition and development of previous initiatives – with no intent to deliver them again into manufacturing or to mine them ourselves. Our experience is in figuring out and buying undervalued properties with vital historic work, which have been uneconomic on the time, however we imagine have financial worth at at the moment’s costs.

We fund the event of re-working historic knowledge and making use of trendy expertise to underwrite new certified studies, doc quantifiable assets and reserves to present requirements, thereby recognizing the present worth.

Our goal is to deliver fast and long-term worth to our companions and shareholders whereas searching for to remove exploration danger, in order that we are able to all advance united within the shortest potential time-frame.

For extra details about us, our initiatives, or to seek out out how one can become involved please go to www.advanceunited.ca.

Contact Data

James Atkinson, P. Geo., CEO
E mail: jim.atkinson@advanceunited.ca
Tel: (647) 278-7502

Ahead-Trying Data and Statements

There is no such thing as a assurance as to when and/or if the appliance to FINRA might be accepted, and that the Firm might be eligible for public quotations pursuant to Rule 15c2-11 or every other relevant regulation. Additionally, as soon as the appliance is obtained by FINRA it could be assigned to an auditor for evaluation. FINRA could reply with a letter itemizing questions and/or feedback on Advance United’s software and submitting. After FINRA receives a response, they could have additional feedback, or they could approve or not approve the Firm’ software.

This information launch accommodates “forward-looking data” throughout the which means of relevant securities legal guidelines regarding buying and selling on the CSE and the main target of the Firm’s enterprise. Any such forward-looking statements could also be recognized by phrases akin to “expects”, “anticipates”, “intends”, “contemplates”, “believes”, “initiatives”, “plans” and comparable expressions. Ahead-looking statements on this information launch embody statements relating to the Firm’s capacity to extend the worth of its present and future mineral exploration properties and, in connection therewith, any long-term shareholder worth, the Firm’s capacity to mitigate or remove exploration danger, and the Firm’s intention to develop a portfolio of historic gold properties. Readers are cautioned to not place undue reliance on forward-looking statements. These statements shouldn’t be learn as ensures of future efficiency or outcomes. Such statements contain recognized and unknown dangers, uncertainties and different components which will trigger precise outcomes, efficiency, or achievements to be materially completely different from these implied by such statements. Though such statements are based mostly on administration’s cheap assumptions, there may be no assurance that the Firm will proceed its enterprise as described above. Readers are inspired to discuss with the Firm’s annual and quarterly administration’s dialogue and evaluation and different periodic filings made by the Firm with the Canadian securities’ regulatory authorities below the Firm’s profile on SEDAR at www.sedar.com. The Firm assumes no duty to replace or revise forward-looking data to mirror new occasions or circumstances or precise outcomes until required by relevant legislation.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/105150

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