Metalsource announces OTCQB LISTING

Rhea-AI Summary

Metalsource Mining (CSE:MSM, OTCQB:SFRIF) has received approval to trade on the OTCQB Venture Market effective September 5, 2025. The company will maintain its current listing on the Canadian Securities Exchange under MSM while trading on the OTCQB under SFRIF.

CEO Joseph Cullen highlighted that this U.S. listing will enhance access to U.S. capital markets and facilitate American investor participation. The move aims to provide investors with increased data access, transparency, and liquidity.

The company also clarified a previous announcement regarding a $50,000 loan from York Harbour Metals Inc., noting it as a non-arm's length transaction due to shared management between the companies.

Positive

• Enhanced access to U.S. capital markets through OTCQB listing
• Increased visibility and liquidity for investors
• Broader access to U.S. and international investors

Negative

• $50,000 loan from related party indicates potential cash constraints
• Non-arm's length transaction with shared management raises governance considerations

VANCOUVER, BRITISH COLUMBIA, Sept. 04, 2025 (GLOBE NEWSWIRE) -- METALSOURCE MINING INC. (the “Company” or "Metalsource") (CSE: “MSM”) is pleased to announce that it has been approved for trading on the OTCQB Venture Market (“OTCQB”) effective September 5, 2025.

The shares trade on the OTCQB under trading symbol “SFRIF”. The Company’s shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol “MSM”.

“Trading on the OTCQB gives Metalsource Mining enhanced access to the U.S. capital markets and makes it easier for American investors to participate in our growth story,” said Joseph Cullen, CEO of the Company.

This U.S. listing will provide the Company with access to a broader base of U.S. and international retail and institutional investors, ultimately providing investors with increased access to data, transparency and liquidity.

Investors can find real-time quotes and market information for the Company on www.otcmarkets.com.

Additionally, further to the Company’s news release dated August 22, 2025, the Company wishes to clarify that the loan of $50,000 was borrowed by the Company from York Harbour Metals Inc. (the “Lender”), a non-arm’s length party.   Brandon Schwabe, CFO of the Company, is also CFO of the Lender, as well, Joseph Cullen, CEO and director of the Company, is also a director of the Lender.

About Metalsource Mining

The Company is engaged in acquisition, exploration and development of mineral property assets. The Company’s objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Aruba Property. The Aruba Property is located in the Kalahari Desert region of Botswana, covering 4,663 square kilometers in an area prospective for platinum group metals, gold, silver, and manganese mineralization.​​​​​​​​​​​​​​​​

For more information, please refer to SEDAR+ (www.sedarplus.ca), under the Company’s profile.

ON BEHALF OF THE BOARD OF DIRECTORS

                “Joseph Cullen”                                               
Joseph Cullen, Chief Executive Officer

   and Director

For further information, please contact:

Mr. Joseph Cullen
Phone:  778-919-8615
Email:  jpacullen@gmail.com
Website: https://www.metalsourcemining.com

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED
OF THE CONTENT OF THIS PRESS RELEASE

Cautionary Note About Forward-Looking Statements

This news release contains statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements, and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances unless otherwise required to do so by law. 

FAQ

When will Metalsource Mining (SFRIF) begin trading on the OTCQB?

Metalsource Mining will begin trading on the OTCQB Venture Market on September 5, 2025 under the symbol SFRIF.

What are the benefits of Metalsource Mining's OTCQB listing?

The OTCQB listing provides enhanced access to U.S. capital markets, increased visibility to American investors, improved data transparency, and greater liquidity for shareholders.

What is the relationship between Metalsource Mining and York Harbour Metals?

The companies share key management personnel: Brandon Schwabe serves as CFO for both companies, and Joseph Cullen is CEO and director of Metalsource while also being a director of York Harbour Metals.

How much was the loan Metalsource Mining received from York Harbour Metals?

Metalsource Mining received a $50,000 loan from York Harbour Metals Inc., which was disclosed as a non-arm's length transaction.

What stock exchanges does Metalsource Mining trade on?

Metalsource Mining trades on the Canadian Securities Exchange (CSE) under the symbol MSM and the OTCQB Venture Market under the symbol SFRIF.