- Tinka Resources (TSXV: TK) (OTCQB: TKRFF) announces voluntary delisting from the Bolsa de Valores de Lima (BVL).
- Trading will continue on TSX Venture Exchange and OTCQB under symbols TK and TKRFF, respectively.
- The delisting process is expected to complete in approximately 60 business days.
Tinka Resources Limited, a mining exploration and development company, has announced its decision to voluntarily delist its common shares from the Bolsa de Valores de Lima (BVL). Following this change, Tinka's shares will continue to be traded on the TSX Venture Exchange under the symbol 'TK' and on the OTCQB under the symbol 'TKRFF'.
The Lima-based stock broker, Kallpa Securities Sociedad Agente de Bolsa, will cease its role as the company's sponsor on the BVL. The official delisting process is anticipated to be completed in approximately 60 business days.
Tinka Resources is known for its flagship Ayawilca zinc-silver-tin project located in central Peru. The project boasts notable mineral resources, including an Indicated Mineral Resource of 28.3 million tonnes grading 5.82% zinc, 16.4 g/t silver, 0.2% lead, and 91 g/t indium.
This strategic decision is aimed at maintaining the company's listings on major exchanges, potentially resulting in cost savings from reduced listing fees and compliance requirements, despite the reduction in trading venue diversity with the delisting from BVL.
