TORONTO, Dec. 31, 2014 /CNW/ - Roxgold Inc. (TSX.V:ROG) ("Roxgold" or the "Company") is pleased to announce that it has been approved for graduation from Tier 2 Issuer status to Tier 1 Issuer status by the TSX Venture Exchange. Roxgold will commence trading as a Tier 1 Issuer on the TSX Venture Exchange on Friday, January 2, 2015.
Tier 1 is the Exchange's premier tier and is reserved for the Exchange's most advanced Issuers with the most significant financial resources. Tier 1 Issuers benefit from decreased filing requirements and improved service standards.
Roxgold is a gold exploration and development company with its key asset, the high grade, 100% owned Yaramoko Gold Project located in the Houndé greenstone region of Burkina Faso, West Africa. The Company is currently advancing Yaramoko's 55 Zone through permitting and, subject to making a positive construction decision, expects to commence development thereafter. Roxgold trades on the TSX Venture Exchange under the symbol ROG.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Roxgold Inc.
For further information: Annelise Burke, Manager, Investor Relations and Corporate Communications, 416-203-6401, [email protected]