Cupani Metals Corporation - January Update

14.01.25 19:37 Uhr

TORONTO, Jan. 14, 2025 /CNW/ - Cupani Metals Corporation ("Cupani" or the "Company") (CSE: CUPA) is pleased to announce certain recent activity.

The Company intends to have its shares posted for trading on the OTCQB Venture Market ("OTCQB") operated by the OTC Markets Inc. and is working with a market maker to have a Form 211 filed with the Financial Industry Regulatory Authority to allow a broker-dealer to post a bid for the Company's common shares on the OTC Link ATS system. Concurrently with the Form 211 filing, the Company will be completing an OTCQB Application and submitting such to OTC Markets Inc. The Company will be applying to the OTCQB under the application process for international companies as the Company is already listed on a Qualified Foreign Exchange under the OTCQB Rules. The Company is not able to provide a definitive timeline or a guarantee that its shares will be posted for trading on the OTCQB.

The Company is planning a winter expedition overland from Schefferville, Quebec to various points within its 500 square kilometer exploration claim package. Such expedition represents an initial feasibility investigation regarding routes used in 1987 to deliver heavy equipment to the Blue Lake zone adit. Expected items include frozen lakes, complex traverses, riverbeds and rolling hills. Next month snowmobiles will sally from Schefferville toward the Cancun zone, Willbob Lake, Retty Lake camp, and Pogo deposit. Using ground penetrating radar this expedition will measure ice thickness which allows calculation of supported tonnage by an ice road.  If feasible the expedition will overnight at Retty Lake camp. Figure one shows possible route(s).

proposed expedition routes (CNW Group/Cupani Metals Corp.)

About Cupani

Cupani Metals Corp. provides shareholders with long-term capital growth exposure by investing in mineral exploration properties and other assets. The Company is listed on the CSE under the symbol "CUPA". To learn more about the Company please visit http://www.cupanimetals.com

Forward-Looking Information

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks, many of which are beyond the Company's ability to control or predict. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, conditions in the equity financing markets, stock market volatility, unquantifiable risks related to government actions and interventions, the termination of any agreement, changes in laws or permitting requirements, failure to obtain necessary regulatory approvals as well as those risks identified in the Company's annual Management Discussion & Analysis. Management has provided the above summary of risks and assumptions related to forward-looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

(CNW Group/Cupani Metals Corp.)

SOURCE Cupani Metals Corp.