Nevada Organic Phosphate Announces Application to Trade on OTCQB Venture Market

Nevada Organic Phosphate Announces Application to Trade on OTCQB Venture Market

Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company"), a B.C. based leader in organic sedimentary phosphate exploration, is pleased to announce that it has begun the process of applying to have its common shares listed for trading on the OTCQB® Venture Market (the "OTCQB") in the United States.

The OTCQB® Venture Market is designed for entrepreneurial and early-stage companies in the U.S. and abroad. To qualify, issuers must maintain up-to-date reporting and complete an annual verification and management certification. Eligible companies must also meet the minimum bid price requirement of US$0.01 and must not be in bankruptcy proceedings.

Robin Dow, Chief Executive Officer, stated: "Submitting our application to the OTCQB® Venture Market represents another meaningful milestone in our strategy to increase visibility, improve liquidity, and expand our investor reach. We remain committed to executing our growth initiatives and delivering sustained value to both current and future shareholders through enhanced transparency and accessibility."

The Company's common shares will continue to trade on the Canadian Securities Exchange ("CSE") under the symbol "NOP". An OTCQB trading symbol is yet to be determined. Listing on the OTCQB is contingent upon several approvals, including review by the OTC Markets Group and meeting all applicable OTCQB standards. The Company will provide further updates to shareholders as additional information becomes available.

Nevada Organic Phosphate Inc.

NOP is a junior exploration company with an organic sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometres. This is believed to be the only known large-scale organic sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California.

For More Information

Robin Dow, CEO
T: 604.355.9986
E: robin@dowgroup.ca

Neither the Canadian Securities Exchange nor its regulations services providers have reviewed or accept responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements and information ("FLSI") within the meaning of applicable securities laws. FLSI may include expectations, anticipations, beliefs, opinions, plans, intentions, estimates, forecasts, projections, guidance or other similar statements and information that are not historical facts. All statements which are not historical statements are considered FLSI. All FLSI is based on assumptions, which may prove inaccurate, and subject to certain risks and uncertainties, including without limitation those risks and uncertainties identified in the Company's public securities filings, which may cause actual events or results to differ materially from those indicated or implied in FLSI. Accordingly, readers should not place undue reliance or value on FLSI. Although the Company believes that the expectations reflected in any FLSI in this news release are reasonable at the present time, it can give no assurance that such FLSI will prove to be correct. Any FLSI in this news release is made as of the date hereof and the Company undertakes no obligations to publicly update or revise any FLSI, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. Any FLSI in this news release is expressly qualified in its entirety by this cautionary statement.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277207

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