The Prospector News

Canadian North Resources Begins Trading on OTCQX Under the Symbol “CNRSF”

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Canadian North Resources Begins Trading on OTCQX Under the Symbol “CNRSF”

 

 

 

 

 

Canadian North Resources Inc. (TSX-V: CNRI) (OTCQX: CNRSF) (FSE: EO0) is pleased to announce that the Company has qualified to trade on the OTCQX® Best Market and begins trading on OTCQX under the symbol “CNRSF”. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

 

Qualification for OTCQX requires the Company to meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. The acceptance by OTCQX is a significant milestone for the Company, as it opens the opportunity for investment by institutional and retail investors in US, while increasing potential trading liquidity and market awareness for the company.

 

“We are excited to begin trading on the OTCQX Market, as it provides us with a platform to enhance our visibility and liquidity among U.S. investors,” said Dr. Kaihui Yang, President and CEO of the Company. “This marks an important step forward for the Company as we continue to expand our reach and engage with investors in North America.”

 

“The Company continues to focus on the exploration and development of critical minerals for the clean-energy, electric vehicles, battery and high-tech industries.” Dr. Yang added. “We are currently expanding the mineral resources of critical metals from the current resource model for our Ferguson Lake nickel, copper, cobalt, palladium and platinum Project (Refer to “Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, Prepared by Ronacher McKenzie Geoscience Inc. and Francis Minerals Ltd ” filed by the Company to Sedar.com on July 13, 2022), and the Company has planned a lithium-specific exploration program on the pegmatites over the Ferguson Lake property.”

 

About OTC Markets Group Inc.

 

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

 

The OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Its innovative model offers companies more efficient access to the U.S. financial markets.

 

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

 

To learn more about how the OTC Markets Group create better informed and more efficient markets, visit www.otcmarkets.com.

 

Subscribe to the OTC Markets RSS Feed

 

About Canadian North Resources

 

Canadian North Resources Inc. is an exploration and development company focusing on the critical metals for the clean-energy, electric vehicles, battery and high-tech industries. The company is advancing its 100% owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project that covers an area of 253.8 km2 of mining leases (96.9 km2) and surrounding exploration claims (156.9 km2) in the Kivalliq Region of Nunavut, Canada.

 

The Ferguson Lake mining property contains substantial resources in compliance with NI43-101 standards, which include Indicated Mineral Resources of 24.3 million tonnes containing 455 million pounds copper at 0.85%, 321Mlb nickel at 0.60%, 37.5Mlb cobalt at 0.07%, 1.08 million ounces palladium at 1.38gpt and 0.18Moz platinum at 0.23gpt; Inferred Mineral Resources of 47.2 million tonnes containing 947Mlb copper at 0.91%, 551.5Mlb nickel at 0.53%, 62.4Mlb cobalt at 0.06%, 2.12Moz palladium at 1.4gpt and 0.38Moz platinum at 0.25gpt. The resource model indicates significant potential for resource expansion along strike and at depth over the 15 km long mineralized belt. (Refer to “Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, Prepared by Ronacher McKenzie Geoscience Inc. and Francis Minerals Ltd ” filed by the Company to Sedar.com on July 13, 2022). In addition, the Company has identified the pegmatites with lithium potential at the Ferguson Lake project.

 

Posted May 10, 2023

Share this news article

MORE or "UNCATEGORIZED"


American Lithium Arranges $7,160,000 Strategic Investment in Surge Battery Metals

American Lithium Corp. (TSX-V:LI) (NASDAQ:AML) (Frankfurt:5LA1) a... READ MORE

June 2, 2023

Treasury Metals Announces Closing of Private Placement Financing

Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) is pleased to anno... READ MORE

June 2, 2023

Reunion Gold Announces Additional Drill Results From Its Oko West Project, Guyana, Highlighted by Hole D-254 Which Intersected 120.7 M @ 3.13 g/t Au Including High Grade Intercepts Of 35.2 M @ 7.42 g/t Au and 8.4 M @ 9.65 g/t Au

Results continue to confirm the existence and continuity o... READ MORE

June 2, 2023

President of Ecuador Signs Environmental Consultation Decree Clearing the Path for the Final Stage of Environmental Licensing for El Domo - Curipamba Project

Adventus Mining Corporation (TSX-V: ADZN) (OTCQX: ADVZF) and Salazar Res... READ MORE

June 1, 2023

Madison Metals Signs Multi-Year Uranium Forward Sales Agreement

Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) is pleased to anno... READ MORE

June 1, 2023

Copyright 2023 The Prospector News