Lavras Gold lists on the OTCQB

TORONTO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Lavras Gold Corp. (TSXV: LGC, OTCQB: LGCFF) has made it easier for U.S. investors to trade its common shares.

The Company's common shares are now listed on the OTCQB Venture Market (OTCQB) under the symbol LGCFF. Lavras Gold's common shares continue to trade on the TSX Venture Exchange in Canada under the symbol LGC.

"We have achieved yet another milestone with this listing," said Michael Durose, Lavras Gold's President and CEO, who will present at the OTC's Metals & Mining Virtual Investor Conference on Thursday, February 16, 2023, at 1:00 p.m. ET. "Trading on the OTCQB will expose Lavras Gold to a larger audience and potentially improve our liquidity."

OTCQB is a U.S. trading platform for early stage and developing U.S. and international companies that is operated by the OTC Markets Group in New York. Companies must be current in their reporting and undergo an annual verification and management certification process to qualify.

The common shares of Lavras Gold are eligible for electronic clearing and settlement in the US through the Depository Trust Company (DTC). DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies.

About Lavras Gold

Lavras Gold (TSXV: LGC, OTCQB: LGCFF) is a Canadian exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. Its Lavras do Sul Project is in Rio Grande do Sul State and primarily an intrusive hosted gold system of possible alkaline affinity. More than 23 gold prospects centred on historic gold workings have been identified on the property, which spans more than 22,000 hectares.

Follow Lavras Gold on www.lavrasgold.com, as well as on LinkedIn, Twitter, and YouTube.

Contact information

DISCLAIMER
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release.

FORWARD-LOOKING INFORMATION
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements, including those on planned exploration activities and goals, are only objectives and predictions.

Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information, including the risks and factors that generally affect exploration and the uncertainty of exploration results and the ability to obtain regulatory approval for the Consolidation. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and Listing Statement recently filed under the Company's profile on www.sedar.com. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.