dtc eligibility

Northern Lights Resources Receives DTC Eligibility and Blue Sky Clearance

Northern Lights Resources Corp. ("Northern Lights" or the "Company") (CSE:NLR)(OTCQB:NLRCF) is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC"). The DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States

Northern Lights' share cusip has been approved for DTC Fast allowing holders and their brokers with the ability to process transactions efficiently via Deposit/Withdrawal At Custodian ("DWAC") at the DTC.

"Northern Lights Resources OTCQB listing with DTC eligibility is a key step in the development of our shareholder base." says Jason Bahnsen, CEO of Northern Lights Resources. "With our two key projects located in Arizona and Nevada we want to provide US investors with the opportunity to participate in the exciting exploration success and growth of Northern Lights."

Along with DTC eligibility, Northern Lights has received Blue Sky Clearance in New York, Texas, Louisiana, Colorado, Connecticut, Maryland, Pennsylvania, Delaware, West Virginia, Kentucky, and Ohio. Additional pending states include Alaska, Arkansas, Georgia, Hawaii, Indiana, Iowa, Maine, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Tennessee, Utah, Washington, Wisconsin, and Wyoming.

For further information on Northern Lights Resources please contact:

Albert Timcke
Executive Chairman and President
rtimcke@northernlightsresources.com
+1 604 608 6163

Jason Bahnsen
Chief Executive Officer
Jason@northernlightsresources.com
+1 604 608 6163

Shawn Balaghi
Investor Relations
Shawn@northernlightsresources.com
+1 604 773 0242

About Northern Lights Resources Corp.

Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights is earning 100% in joint venture with Reyna Silver Corp.

Northern Lights Resources trades under the ticker of "NLR" on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements concerning: the terms and conditions of the proposed private placement; use of funds; the business and operations of the Company after the proposed closing of the Offering. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals; and the uncertainties surrounding the mineral exploration industry. There can be no assurance that such statements 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 statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Northern Lights Resources Corp.



View source version on accesswire.com:
https://www.accesswire.com/626903/Northern-Lights-Resources-Receives-DTC-Eligibility-and-Blue-Sky-Clearance

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Eastern Metals

Eastern Metals


Keep reading...Show less
American money.

Coeur Mining to Buy SilverCrest Metals for US$1.7 Billion

Coeur Mining (NYSE:CDE) announced it will acquire SilverCrest Metals (TSX:SIL,NYSEAMERICAN:SILV) in a US$1.7 billion deal, furthering its bid to position itself as a leading global silver producer.

The acquisition will see Coeur integrate SilverCrest's Las Chispas mine in Sonora, Mexico, a high-grade, low-cost silver and gold operation. The transaction is also expected to bolster Coeur’s silver production, projecting an output of 21 million ounces of silver annually across five North American mining operations by 2025.

The combined entity will also produce an estimated 432,000 ounces of gold per year.

Keep reading...Show less
Rows of silver bars with two bars lying on top.

ASX Silver Stocks: 5 Biggest Companies in 2024

The precious metal silver is often compared to gold, and is important in jewellery and as a safe haven.

Unlike gold, silver has many industrial applications too, including in electronics, automobiles, medicine and photography, and, of course, silverware. Energy transition applications are a growing demand sector for silver — the metal is valued for its conductive capacity, which makes it particularly useful in the production of photovoltaic panels.

Silver supply has tightened in recent years as industrial demand rises, and this was one of the factors that helped the silver price break through the US$30 per ounce mark in May for the first time since 2013.

Although silver has seen high volatility since then, falling below the US$27 per ounce mark in August, it once again gained momentum to trade near the US$32 mark.

These gains come on the heels of a 50 point rate cut by the US Federal Reserve on September 18 that improved investor sentiment in precious metals markets.

Keep reading...Show less
Silver bars.

Top 5 Canadian Mining Stocks This Week: Silver Elephant Leads with Rise of Over 60 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX and TSXV, starting with a round-up of Canadian and US data impacting the resource sector.

The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 2.71 points this week to close at 583.14. Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 388.17 points to finish the period at 23,956.82.

US personal consumption expenditures price index data came out on Friday (September 27), showing that the pace of inflation slowed, gaining just 0.1 percent on a monthly basis. That's down from the 0.2 percent increase recorded in July.

Keep reading...Show less
Silver bars in front of newspaper showing high price performance.

What Was the Highest Price for Silver? (Updated 2024)

Like its sister metal gold, silver has been attracting renewed attention as a safe-haven asset.

Although it continues to exhibit its hallmark volatility, many silver investors believe that a bull market is starting up for the precious metal. Experts are optimistic about the future, and as a result, some market watchers are putting forth price forecasts and asking themselves, “What was the highest price for silver?”

The answer reveals how much potential there is for the silver price to rise. Read on for a look at silver's historical moves, and what they could mean for both the price of silver today and the white metal’s price in the future.

Keep reading...Show less

Latest Press Releases

Related News

×