Nobel29 Resources Announces OTC Ticker Symbol and Clearance From FINRA
16 June 2021 - 9:00PM
Nobel29 Resources Corp. (TSX-V: NBLC) (the
“Company” or “Nobel”) is pleased to announce that its submission of
the Form 211 to FINRA has been cleared and the Company's common
shares now qualify for trading in the United States on the OTC Pink
Market under the symbol “NBTRF”. Nobel has applied for DTC
eligibility by the Depository Trust Company ("DTC") for its shares
traded on the OTC Pink Market and it expects to receive DTC’s
approval in the coming weeks.
"This is an exciting step forward for Nobel and
its US based investors. We hope to receive DTC eligibility soon
which will be the final step in ensuring that US based investors
can more easily participate in our rapidly growing
company," commented David Gower, Nobel’s CEO.
The DTC is a subsidiary of the Depository Trust
& Clearing Corporation and manages the electronic clearing and
settlement of publicly traded companies. Securities that are
eligible to be electronically cleared and settled through DTC are
considered “DTC eligible.” This electronic method of clearing
securities speeds up the receipt of stock and cash, and thus
accelerates the settlement process for investors and brokers,
enabling the stock to be traded over a much wider selection of
brokerage firms by coming into compliance with their requirements.
Being DTC eligible is expected to greatly simplify the process of
trading and transferring the Company’s common shares on the OTC
Pink Market.
About Nobel29 Resources
Corp.
The Company, through its option agreement (the
“Option Agreement”), holds interests in the Algarrobo IOCG Copper
Project (the “Project”), located in the coastal IOCG (Iron, Oxide,
Copper, Gold) belt in northern Chile, approximately 25 km from the
port of Caldera on the Pacific Ocean. Pursuant to the Option
Agreement, Nobel can exercise its option and acquire a 100%
ownership interest in the Project.
For further information, contact:
David GowerNobel29 Resources Corp.Email:
info@nobel-resources.com
Cautionary Note Regarding
Forward-looking Information
This press release contains “forward-looking
information” within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without
limitation, statements regarding the Company’s ability to receive
DTC eligibility, the trading of the Company’s shares on the OTC and
the Company’s future plans. Generally, forward-looking information
can be identified by the use of forward-looking terminology such as
“plans”, “expects” or “does not expect”, “is expected”, “budget”,
“scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or
“does not anticipate”, or “believes”, or variations of such words
and phrases or state that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. Forward- looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Nobel, as the case may be, to be materially different from those
expressed or implied by such forward-looking information, including
but not limited to: general business, economic, competitive,
geopolitical and social uncertainties; the actual results of
current exploration activities; risks associated with operation in
foreign jurisdictions; ability to successfully integrate the
purchased properties; foreign operations risks; and other risks
inherent in the mining industry. Although Nobel has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. Nobel does not undertake
to update any forward-looking information, except in accordance
with applicable securities laws.
NEITHER TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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