TORONTO, Oct. 13, 2021 /CNW/ - Nubian Resources Ltd.
(TSXV: NBR) (OTCQB: NBRFF) ("Nubian" or the "Company") is pleased
to announce that its common shares are now eligible for
settlement through the Depository Trust Company ("DTC"), a
subsidiary of the Depository Trust & Clearing Corp. that
manages the electronic clearing and settlement of publicly-traded
companies in the United
States.
Nubian's common shares are now fully DTC eligible and will
continue to trade in the United States under the ticker
symbol "NBRFF" on the OTCQB Venture Market. Through an electronic
method of clearing securities, DTC eligibility reduces costs and
accelerates the settlement process for investors and brokers
allowing the Company's common shares to be traded over a much wider
selection of brokerage firms by coming into compliance with their
requirements.
Martin Walter, President and CEO
of Nubian stated, "DTC eligibility makes our shares more accessible
to retail and institutional investors in one of the largest capital
markets in the world supporting the Company's efforts to broaden
the audience of potential investors."
ABOUT NUBIAN
Nubian Resources Ltd. is a publicly traded precious and base
metals exploration company listed on the TSX Venture Exchange. The
Company is managed by a team of experienced mining and geological
professionals. Nubian's projects are focused in key
mining jurisdictions in central Victoria and Tasmania, Australia and Peru.
Neither the 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.
SOURCE Nubian Resources Ltd.
