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Aftermath Silver gets new OTCQB symbol; designs exploration programs for silver mines in Chile

It is also currently designing exploration programs for two silver projects in northern Chile that it had acquired

Aftermath Silver - Aftermath gets new OTCQB trading symbol
Aftermath Silver will continue to trade on the Toronto Stock Exchange Venture under the symbol AAG

Aftermath Silver Ltd (CVE:AAG) (OCTMKTS:AAGF), a junior exploration company with silver interests in Chile, on Wednesday said its OTCQB trading symbol has changed from FLMZF to AAGF. 

The stock started trading under the new symbol on Tuesday while the company's other stock will continue to trade on the Toronto Stock Exchange Venture under the symbol AAG. 

In a statement, Vancouver-based Aftermath said the OTC Market will provide it with a dealer market in the US that will provide easier access for US-based investors and shareholders. It joined the market in November. 

READ: Aftermath Silver brings in C$3.3M via placing; Eric Sprott becomes its largest investor

The company has also applied for Depository Trust Company eligibility, which allows the company's OTCQB market shares to be bought and sold electronically, without the need for physical share certificates. The increased ease of trading lets a stock cast a wider net for potential investors.

Meanwhile, Aftermath said it is currently designing exploration programs for two silver projects in northern Chile that it had acquired.

The Cachinal Project is located in Chile's Antofagasta Region (Region II), about 40 kilometers east of the Pan American Highway, at an elevation of around 2,700 meters above sea level, and 16 km north of Austral Gold's Guanaco gold-silver mine.

It is a low-sulphidation epithermal deposit which hosts a current CIM compliant 18.4 million silver ounces Indicated Mineral Resource (5.66 million tonnes of 101 g/t) and 3 million silver ounces Inferred Mineral Resource (0.82 million tonnes of 115 g/t), with associated gold credit.

The Challacollo Project is located in Chile's Tarapaca Region (Region I). The project is approximately 30 km east of the Pan American Highway.

Challacollo is a low-sulphidation epithermal deposit which hosts an historic Mineral Resource of 30 million silver ounces Indicated (4.7 million tonnes at 200 g/t silver) and a 6.9 million silver ounces Inferred (1.6 million tonnes of 134 g/t), with associated gold credits. Power transmission lines are located 15-30 km from the property and includes water rights.

Contact the author: [email protected]

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Quick facts: Aftermath Silver

Price: 0.28 CAD

TSX-V:AAG
Market: TSX-V
Market Cap: $21.65 m
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Full interview: Aftermath Silver is a new company with two interesting...

Aftermath Silver (CVE: AAG) President and CEO Ralph Rushton sat down with Steve Darling from Proactive Vancouver to discuss this new silver company with two projects in Chile, The Challacollo and the Cachinal. Rushton talks about what he liked about them and the plans for both projects in...

on 11/12/2019

2 min read