Anacortes Mining withdraws previous OTCQB listing announcement

Vancouver, British Columbia–(Newsfile Corp. – Jan. 21, 2022) – Anacortes Mining Corp. (TSXV: XYZ) (OTC Pink: XYZFF) (“Anacorts” or the “Society”) wishes to correct its January 13, 2022 announcement that its common stock has been listed for listing on the OTCQB Venture Market in the United States under the symbol “XYZFF”. While Anacortes is now trading on the OTC pink current market and has applied for listing on the OTCQB venture capital market, the company’s application for listing on the OTCQB is still pending. .

The Company’s common shares continue to trade in Canada on the TSX Venture Exchange under the symbol “XYZ”.

For more information visit: www.anacortesmining.com

Twitter: @anacortesmining
LinkedIn: Anacortes Mining

On behalf of the board:
James A. (Jim) Currie
President and CEO

Contact with Investor Relations:
Kin Communications Inc.
604-684-6730
[email protected]

About Anacortes

Anacortes is a new gold company focused on growth in the Americas, which owns a 100% interest in the Tres Cruces gold project located in Peru. Tres Cruces is one of the highest grade oxide deposits in the world and contains indicated oxide and sulphide resources of 2,474,000 oz at 1.65 g/t gold and inferred resources of 104,000 oz at 1.26 g/t gold, including 630,000 oz of high-grade leachable. gold at 1.28 g/t gold. Anacortes is well capitalized and intends to aggressively advance Tres Cruces through feasibility and production under an open pit heap leach scenario. Additionally, Anacortes will continue to pursue new growth opportunities in the Americas, with the goal of creating the next mid-size multi-asset gold producer.

James (“Jim”) Currie, P. Eng., is a Qualified Person as that term is defined in NI 43-101. Mr. Currie has read this press release and assumes responsibility for the technical disclosure contained in this press release.

Caution regarding forward-looking information

This press release contains forward-looking statements that constitute “forward-looking information” within the meaning of applicable Canadian securities laws (“Forward-Looking Statements”). All statements included herein, other than statements of historical fact, are forward-looking statements and are subject to a variety of known and unknown risks and uncertainties that could cause actual events or results to differ materially from those reflected in forward-looking statements.

Forward-looking statements in this press release may include, but are not limited to, statements about Anacortes’ intention to aggressively advance Tres Cruces through feasibility and production under a scripted open heap leaching. Often, but not always, these forward-looking statements can be identified by the use of words such as “anticipated”, “estimated”, “potential”, “open”, “future”, “presumed”, “projected”, “used”. “, “detailed”, “has been”, “gain”, “expected”, “reflecting”, “should”, “anticipated”, “estimated”, “containing”, “remaining”, “to be”, or statements that events “could” or “should” occur or be realized and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to control or predict and which may cause actual results, performance or achievements to differ materially from results, performance or achievements. expressed or implied by the forward-looking statements. These risks include changes in general economic conditions and financial markets; political risks; risks related to the current and potential negative impacts of the COVID-19 pandemic on the Company’s economy, financial markets and operations; and the risks inherent in mineral exploration. Although the forward-looking statements contained in this press release are based on what each party believes to be reasonable assumptions at the time they were made, such statements are made as of the date hereof and the company disclaims any obligation to update forward-looking statements. Statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place undue reliance on forward-looking statements.

The TSXV has in no way approved or disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111043

About William J. Harris

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