Guskin Gold Corp. (the “Company”, GKIN or Guskin Gold) (OTCQB: GKIN) has been invited by OTC Markets Group Inc. (OTC Markets) to issue a statement regarding recent promotional activities relating to GKIN common stock (the Common Stock). This statement has been revised to correct an inadvertent typographical error and is restated in its entirety to correct the release dated June 30, 2022.
On June 28, 2022, the Company was made aware by OTC of certain promotional activities regarding the Company and common stock traded on the OTCQB market, including a webpage on The-FinancialNews.com, posted by Tom McCarthy discussing the Company, of his projects, and the world gold market. The publication also makes false and misleading claims. OTC Markets has provided the Company with a sample screenshot of the promotional material for reference.
On June 27, 2022, the company’s trading activity recorded a share volume of approximately 96,700 common shares, compared to the company’s 30-day trading average of 10,515 common shares.
Neither the Financial News nor publisher Tom McCarthy, as a listed publisher, has been hired by the company and/or its officers; neither the Company nor its officers have been involved, directly or indirectly, in the creation, distribution or payment of such promotional material. The Company had no knowledge of the promotional material until it was made aware of it by the OTC Markets Issuer Compliance Team, which monitors and enforces OTC Markets promotion policies. As such, the Company had no editorial control over the content.
Where promotional content may partially describe the nature of our business, we caution potential investors not to rely on such promotional and speculative statements and claims, touting future performance, anticipated trajectories of our stock price or urging investors to act immediately.
The Company advises potential investors to rely only on information provided by the Company, which handles all investor relations, marketing and corporate communications internally. More importantly, for information on the Company, investors should visit the Company’s website at www.guskinor.com.The company urges interested investors to rely on the information contained on this website, through our press releases and/or our filings with the Securities Exchange Commission, and the advice of an independent and qualified financial adviser. to see if an investment in Guskin is right for their circumstances.
The Company, after investigation of management, directors and/or other controlling persons, its officers, directors, any majority shareholder (defined as shareholders holding 10% or more of the company’s securities), or any third-party service provider, confirms the aforementioned parties have not,directly or indirectly, participated in any way (including payment to a third party) in the creation, distribution or payment of promotional materials related to the Company and its common stock. The Company had no knowledge of the promotional material until it was made aware of it by the OTC Markets Issuer Compliance Team, which monitors and enforces OTC Markets promotion policies.
The Company approves the activities and content of all marketing and investor relations activities conducted by our internal team and our third-party service providers, and in doing so will continue to comply with SEC guidelines and best practices. , FINRA and OTC markets. Over the past 12 months, the Company has worked with the following parties to provide investor relations, public relations, marketing or other related services. Effective June 1, 2022, the company engaged Integrity Media Inc. to provide traditional investor relations and corporate communications services, details of which have been reported to the SEC on Form 8-K, filed on June 2, 2022, including a copy of the contract outlining all services provided.
After investigation by management, no executive officer or director of the Company has sold shares of the Company in the past 90 days. To the Company’s knowledge, none of the Company’s majority shareholders and third-party service providers have sold or purchased shares of the Company in the past 90 days.
OTC Markets has further requested the Company to disclose whether it has issued shares or convertible instruments permitting conversion into equity securities at prices representing a discount to the prevailing market rate at the time of issue. As disclosed in its public filings on EDGAR, the Company has from time to time issued shares or convertible instruments eligible for conversion into equity securities at prices representing a discount to the prevailing market rate at the time of issuance in accordance with securities policies and foreign exchange commission. Please refer to the Company’s most recent Form 10-Q for the period ended March 31, 2022, filed with the SEC on May 16, 2022, which is filed under the Company’s profile on EDGAR, for a complete list of convertible instruments and equity issues. .
About Guskin Gold Corp.
Guskin Gold Corp. (OTCQB: GKIN) is a publicly listed mining company in the United States, headquartered in Santa Clara, California. Guskin is focused on gold exploration and mining in Ghana, the top gold producer in Africa and the seventh largest gold producing country in the world. The company’s management team is world class. Many are from Ghana, all offer specialist expertise in gold exploration, mining, public procurement and finance. And all are passionately committed to the success of the Company, our partners and investors. For more information, please visit www.guskingold.com.
Forward-Looking Statements and Disclosure
This press release contains “forward-looking statements” that are not purely historical and may include statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend, “believe”, “estimate”, “will expect”, “project”, “plan” or similar expressions may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ from those projected in forward-looking statements in due to many factors, including, but not limited to, the inherent uncertainties associated with the exploration and exploitation of the Kukuom concession, new mining and/or gold projects, obtaining the necessary financing, the future of the economies US and global, the impact of competition and the Company’s dependence on existing regulations relating to mining and exploration of mineral properties in Ghana and abroad. These forward-looking statements are made as of the date of this press release, and we undertake no obligation to you to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be correct. Investors should review all of the information set forth herein and should also refer to the disclosure of risk factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other periodically filed reports. from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.