Vancouver, B.C., March 3, 2010 - Dynasty Metals & Mining Inc. (TSX: DMM, OTCQX: DMMIF, "Dynasty" or the "Company") is pleased to announce it has commenced trading on OTCQX, the premier tier of the U.S. Over-the-Counter ("OTC") market, under the symbol "DMMIF". Pink OTC Markets Inc. (Pink Sheets: PINK) is the leading electronic inter-dealer quotation system, trading technology and financial information provider for OTC securities.
"Joining the OTCQX marketplace allows Dynasty Metals & Mining to demonstrate their commitment to providing superior information to shareholders and maintaining the highest quality standards," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Dynasty Metals & Mining to OTCQX."
Robert Washer, President and CEO of Dynasty commented, "Joining the OTCQX further provides our international shareholder base with up-to-date information and access to an additional trading platform."
Investors can find current financial disclosure and real-time Level 2 quotes for the Company on www.otcqx.com andwww.otcmarkets.com.
Dorsey & Whitney LLP will serve as Dynasty Metals & Mining's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcqx.com.
About Pink OTC Markets Inc.Pink OTC Markets Inc. (Pink Sheets: PINK) is a financial information and technology services company that operates the leading electronic quotation and trading system in the OTC securities market. The OTCQX and Pink Sheets® marketplaces that it operates constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Its technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Pink OTC Markets’ products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets’ products and services make OTC markets more transparent, informed, and efficient, please visit Pink OTC Markets’ websites at www.pinkotc.com, www.otcmarkets.com and www.otcqx.com or contact Pink OTC Markets at firstname.lastname@example.org.
Pink OTC Markets is headquartered in New York City.
About Dynasty Metals & Mining
Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.
The Company has the in-production Zaruma Gold Project, the advanced-stage Jerusalem Project, and a highly prospective exploration project, the Dynasty Copper-Gold Belt, which includes the advanced-stage Dynasty Goldfield.
For further information please visit the Company’s website at www.dynastymining.com, or please contact:
|Dynasty Metals & Mining Inc.|
Tel: (604) 687-0888
|Brisco Capital Partners Corp.|
Tel: (403) 262-9888
This news release includes “forward-looking information”, as such term is defined in applicable securities laws. Users of forward-looking information are cautioned that actual results may vary from forward-looking information contained herein. The forward-looking information includes, without limitation, the anticipated dates that the different phases of commissioning will be completed, the amount and grade of material that the Company plans to process, the timing and ability of the Company to mine and deliver material to the processing plant, the anticipated date of commencement of production, statements regarding the new regulations to the Mining Law and other similar statements concerning anticipated future events, conditions or results that are not historical facts. In certain cases, forward-looking information was developed using the material factors or assumptions stated herein. Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of gold, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking information. In addition, there are also known and unknown risk factors which could cause the Company’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Known risk factors include, among others, risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company’s limited operating history; uncertain mining legislation; the need to comply with environmental and governmental regulations; political and economic instability and general civil unrest in Ecuador; potential defects in title to the Company’s properties; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; and other risks and uncertainties, including those described in the Company’s Annual Information Form dated March 25, 2009 filed with the Canadian Securities Administrators and available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking information. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking information except as required by law.