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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Otis Gold Corp | TSXV:OOO | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.125 | 0.115 | 0.115 | 0 | 00:00:00 |
This Judgment, which is a final step in the court’s review of the Complaint, confirmed and referenced the court’s Decision issued on December 18, 2019 (see Otis news release dated Dec. 19, 2019). In its Decision, the court found that the US Forest Service adequately evaluated the potential environmental impacts of exploration pursuant to the National Environmental Policy Act, National Forest Management Act and Organic Act. The court did find that further explanation and analysis is required with respect to groundwater in what is known as Dog Bone Ridge, and Otis will be assisting the US Forest Service with any additional analysis required to address potential impacts in this area prior to proceeding with drilling activities in this limited area.
Otis CEO, Craig Lindsay, stated: “We are pleased that this matter has been concluded. We want to assure the local community, and Idahoans in general, that we are committed to openly engaging with our community stakeholders to address and mitigate concerns through activities such as project open houses, site visits and other methods of constructive engagement. Further, we reiterate our focus on minimizing the environmental footprint of all exploration and development activities.”
About the Company Otis is a resource company focused on the acquisition, exploration, and development of precious metal deposits in Idaho, USA. Otis is currently developing its flagship property, the Kilgore Project, located in Clark County, Idaho and the Oakley Project, located in Cassia County, Idaho.
ON BEHALF OF THE BOARD
“Craig T. Lindsay”
President & CEO
For additional information, please contact:
Mr. Tony Perri – Corporate Development/Investor RelationsTel: (604) 683-2507 Email: tony@otisgold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”) or any State securities laws, and may not be offered or sold within the United States or to US Persons unless registered under the US Securities Act and applicable State securities laws, or an exemption from such registration is available.
1 Year Otis Gold Chart |
1 Month Otis Gold Chart |
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