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Tembo Gold (TSXV:TEM) begins trading on OTCQB

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TSXV:TEM
11 November 2022 09:00 (EDT)

Common shares of Tembo Gold (TEM) have begun trading on the OTCQB Venture Market under the symbol TBGPF.

The company’s shares will continue to trade on the TSXV under its current symbol, TEM.

Tembo Gold is a Canadian company with a 100 per cent interest in the Tembo Gold Project in northwest Tanzania. The project has over forty thousand meters of drilling and is located adjacent to Barrick’s 20Moz Bulyanhulu Mine in Tanzania’s prolific Lake Victoria Greenstone belt. Tembo recently sold six of its non-core licenses to Barrick for US$6 million, and Barrick is committed to spending $9 million over the first four years. 

Additionally, Tembo will receive contingent payments of up to US$45 million on the first five million ounces discovered by Barrick. 

Tembo is focused on the discovery and development of world-class gold projects in Africa.

Tembo Gold Corp. (TEM) opened trading at C$0.205.


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