VANCOUVER, BC–(Marketwired – January 06, 2016) – Aida is pleased to announce that its common shares have been approved for listing on the Canadian Securities Exchange (the “CSE”) and will commence trading on Thursday, January 7, 2016 under the symbol AMC. As announced in the news releases dated December 14, 2015 and December 21, 2015, the total funds raised in private placements before the end of the 2015 calendar year is $556,500 and the number of issued shares of Aida is 19,467,698.
Under the Toro Option Agreement and Assignment Agreement, Aida has the right to explore and develop the Toro Mineral Property located approximately 170 kilometers west-southwest of Fort Nelson, British Columbia and consisting of nine unsurveyed mineral lode claims with a total area of 916.83 hectares.
A National Instrument 43-101 compliant technical report prepared by Edward Harrington of Reliance Geological Services Inc. dated February 7, 2014 and revised by the author on October 23, 2015 (the “Technical Report“) states that the Toro Project has good potential to host an economic vein-type copper deposit. The Technical Report recommends two major phases of work. This Technical Report, and the Author’s Consent have been filed on SEDAR and can be viewed in their entirely at www.sedar.com under the profile of Aida.
Aida is a mineral exploration company currently engaged in advanced exploration of the Toro copper occurrence, a developed prospect hosted predominantly of the Aida Formation in northern British Columbia. The long term objective is to identify, evaluate, acquire, and explore mineral properties at any stage of the supply chain in the development of a mine. Aida may consider other property acquisitions or acquire any other project opportunities in the resource sector that will bring value to shareholders wherever they may arise.
ON BEHALF OF THE BOARD
“Robin S. Tolbert”
Director, CEO
Aida Minerals Corp.
520-800 West Pender St.
Vancouver, BC V6C 2V6