Nubian Announces Annual Meeting Results and Provides Update ON Acquisition of the Esquilache Silver-Lead-Zinc Project, Southern PERU
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NUBIAN ANNOUNCES ANNUAL MEETING RESULTS AND PROVIDES UPDATE
ON ACQUISITION OF THE ESQUILACHE SILVER-LEAD-ZINC PROJECT, SOUTHERN PERU
JANUARY 29, 2018 – Nubian Resources Ltd. (the “Company”) (TSX VENTURE: NBR) is pleased to announce the
results of its annual general and special meeting of shareholders held January 24, 2018 (the “Meeting”). All
matters presented at the Meeting were approved by shareholders including the re-election of directors Markus
Janser, Chairman, Martin Walter, David Fynn and Larry Treadgold , the appointment of Morgan & Company LLP
Chartered Accountants as Auditors for the ensuing year and re-authorization of the Company’s 10% rolling stock
option plan.
As an update on Nubian’s acquisition of the Esquilache silver -lead-zinc project comprising the historical
Esquilache underground lead-zinc mine and adjacent Virgen de Chapi prospect located in the Puno Department
of Southern Peru (the “Project”) from Zinc One Resources Inc. , the Company has received conditional approval
from the TSX Venture Exchange for the acquisition that requires, among other requirements, that the Company
file a technical report under its name on the Project. The Company has engaged CSA Global Pty L td., Mining
Industry Consultants to prepare the report. It is anticipated that filing will occur in February.
FOR FURTHER INFORMATION PLEASE CONTACT:
Martin Walter, Chief Executive Officer, Nubian Resources Ltd, at 416 389 5692 or [email protected].
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.
Forward-Looking Statements: This press release contains forward -looking statements. Forward -looking
statements are frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", “anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or
statements that certain events or conditions "may" or "will" occur. The forward -looking statements are based
on certain key expectations and assumptions made by Nubian. Although Nubian believes that the expectations
and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not
be placed on the forward -looking statements because Nubian can give no assurance that they will prove to be
correct. Since forward -looking statements address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated
due to a number of factors and risks. In addition to other risks that may affect the forward-looking statements in
this press release are those set out in Nubian’s management discussion and analysis of the financial condition
and results of operations for the year ended July 31, 2017, which are available at www.sedar.com. The forward-
looking statements contained in this press release are made as of the date hereof and Nubian undertakes no
obligation to update publicly or revise any forward -looking statements or information, whether as a result of
new information, future events or otherwise, unless so required by applicable securities laws.