Nubian Receives DTC Eligibility Approval
Nubian Receives DTC Eligibility Approval
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.
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For further information:
Martin Walter, Chief Executive Officer, Nubian Resources Ltd., at +1-416-
389-5692 or [email protected]
CO: Nubian Resources Ltd.
CNW 07:00e 13-OCT-21