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Nubian Receives DTC Eligibility Approval

Permits & Approvals Listings & Exchange

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.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/October2021/13/c9499.html

%SEDAR: 00024798E

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