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Monday, June 12, 2017

US Gold Corp (Nasdaq: $DRAM) Regains Compliance With NASDAQ Listing Requirements

US Gold Corp (Nasdaq: $DRAM) Regains Compliance With NASDAQ Listing Requirements



ELKO, N.V., June 12, 2017 – (Investorideas.com Newswire) On June 9, 2017, US Gold Corp (NASDAQ: DRAM) received formal notification from the NASDAQ Stock Market LLC ("NASDAQ") that it has cured its deficiencies and regained compliance with Listing Rule 5550(b)(1) (the “Rule”) which requires a minimum of $2,500,000 in stockholders’ equity.  The Company will continue to be listed on NASDAQ and the listing qualification matters previously disclosed by the Company have been closed. 

The Company was previously notified by NASDAQ on March 21, 2017 that it was not in compliance with the Rule. The Company regained compliance with the Rule upon the consummation of its merger with U.S. Gold Corp. on May 23, 2017.


About US Gold Corp.
US Gold Corp. is a publicly traded U.S. focused gold exploration and development company.  US Gold Corp. has a portfolio of development and exploration properties.  Copper King is located in South East Wyoming and has a historical Preliminary Economic Assessment (PEA) done by Mine Development Associates in 2012 for Strathmore Minerals Corporation.  Keystone is an exploration property on the Cortez trend in Nevada, identified and consolidated by Dave Mathewson.  For more information about US Gold Corp., please visit www.usgoldcorp.gold

US Gold Corp. (NASDAQ: DRAM) is a featured mining stock on Investorideas.com

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