TORONTO, Aug. 13,
2024 /CNW/ - At today's market opening, the
common shares of NiCAN Limited ("NiCAN" or the "Company")
(TSXV: NICN) (OTCQB: NILTF) (FRA: W8Y) will commence trading
on the OTCQB® Venture Market, under the
symbol NILTF. Investors can find current financial disclosure
and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
The Company's common shares will continue to trade on the TSX
Venture Exchange under the symbol NICN.
Brad Humphrey, President and CEO
of NiCAN, stated "We are pleased to begin trading on the OTCQB as
it gives our current and future shareholders another regulated
platform from which they can conveniently trade our common shares.
We believe the OTCQB will provide the Company significant added
exposure to an expanded US market of Critical Metals investors
looking for companies with high quality assets in stable
jurisdictions."
The OTCQB® is a leading market for early-stage and
developing U.S. and international companies. Recognized as an
established public market by the U.S. Securities and Exchange
Commission, the OTCQB® has helped companies build
considerable shareholder value including enhanced liquidity and
valuation. Investors may benefit from efficient trading through
their preferred broker or financial advisor, transparent pricing
with real-time quotes, and trusted disclosure that is made broadly
available to broker-dealers and market data providers.
About NiCAN
NiCAN Limited is a mineral exploration company, trading under
the symbol "NICN" on the TSX-V. The Company is actively exploring
two nickel projects, both located in well-established mining
jurisdictions in Manitoba,
Canada.
www.nicanltd.com
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NiCAN website at www.nicanltd.com
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains certain
"forward-looking information" under applicable securities laws
concerning stock market trading, investor appeal, prospective
investor interest, mineralization conceptualizations and future
exploration programs, business, operations and financial
performance and condition of NiCAN Limited. Forward-looking
information includes, but is not limited to, stock market trading,
investor appeal, and prospective investor interest. Forward-looking
information may be characterized by words such as "plan," "expect,"
"project," "intend," "believe," "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. Forward-looking information is based on the
opinions and estimates of management at the date the statements are
made and are based on a number of assumptions and subject to a
variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those
projected in the forward-looking information. Many of these
assumptions are based on factors and events that are not within the
control of the Company and there is no assurance they will prove to
be correct. Factors that could cause actual results to vary
materially from results anticipated by such forward-looking
information includes changes in market conditions, regulatory
changes and listing requirements and/or delays. Although the
Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in forward-looking information, there may be other
factors that cause actions, events or results not to be
anticipated, estimated or intended. There can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. The Company undertakes no
obligation to update forward-looking information if circumstances
or management's estimates or opinions should change except as
required by applicable securities laws. The reader is cautioned not
to place undue reliance on forward-looking information.
Neither TSX-V nor its Regulation Services Provider (as that
term is defined in policies of the TSX-V) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE Nican Ltd.
