Nobel Commences Trading on the OTCQB in the United States and Grants Stock Options
October 29 2021 - 7:00AM
Nobel Resources Corp. (TSX – V: NBLC) (the
“Company” or “Nobel”) is pleased to announce that effective October
29, 2021 its common shares commenced trading on the OTCQB Venture
Market (the “OTCQB”) in the United States under the stock symbol
“NBTRF”.
The OTCQB is a U.S. trading platform that is
operated by the OTC Markets Group in New York, and is the premiere
marketplace for early-stage and developing U.S. and international
companies. Participating companies must be current in their
reporting and undergo an annual verification and management
certification process. The OTCQB Venture quality standards provide
a strong baseline of transparency, as well as the technology and
regulation to improve the information and trading experience for
investors. Investors can find real-time quote and market
information for Nobel at
https://www.otcmarkets.com/stock/NBTRF/overview.
Nobel’s common shares will also continue to
trade on the TSX Venture Exchange under the symbol “NBLC”.
Nobel has also granted a total of 1,660,000
stock options to various directors and officers pursuant to its
stock option plan. The options may be exercised at a price of $0.84
per option for a period of five years from the date of grant. The
grant of options remains subject to the approval of the TSX Venture
Exchange.
About NobelNobel Resources has
the right to acquire 100% interest in the Algarrobo Iron Oxide
Copper Gold (IOCG) project and 100% of the Salvadora project,
potential IOCG style high grade copper properties in Chile. The
country is a top mining jurisdiction as it is strategically located
close to infrastructure and has world-class IOCG deposits within
the Major Candelaria belt. Chile’s mining capabilities benefit from
close to surface, high grade mineralization within the mining face
and has the necessary permitting in place.
For further information, please
contact:David GowerChief Executive
Officerdgower@nobel-resources.comwww.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, regarding the Company’s OTCQB listing, stock option
grants 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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