Northern Lights Resources Receives DTC Eligibility and Blue Sky Clearance
VANCOUVER, February 1, 2021 - 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.