16:10:38 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Nevada Clean Magnesium Inc
Symbol NVM
Shares Issued 169,062,248
Close 2017-07-31 C$ 0.045
Market Cap C$ 7,607,801
Recent Sedar+ Documents

Nevada Clean Magnesium starts trading on OTCQB

2017-08-01 11:06 ET - News Release

Mr. Edward Lee reports

NEVADA CLEAN MAGNESIUM BEGINS TRADING ON THE OTCQB UNDER THE SYMBOL OTCQB:MLYFF

Nevada Clean Magnesium Inc.'s common stock has been approved for trading on the OTCQB market under the symbol MLYFF. The company's common shares will continue to trade on the TSX Venture Exchange under the symbol NVM.

Some of the benefits to listing on the OTCQB include:

  • Listed with other companies that have audited financials available and are current in their Securities and Exchange Commission reporting;
  • Improved investor confidence through verified information, confirming that the company profile displayed on the OTC website is current and complete;
  • Annual management certification process to verify officers, directors, controlling shareholders and shares outstanding;
  • Greater information availability for investors through the OTC disclosure and news service.

The company expects to benefit from being listed on the OTCQB by gaining greater visibility and convenience of trading the company's common shares to U.S. and European investors and institutions, allowing a much larger potential shareholder base and enhanced liquidity.

The OTCQB Venture Market is considered by the U.S. Security and Exchange Commission as an established public market for the purpose of determining the public market price when registering securities for resale in equity line financings with the SEC. Investors can find real-time quotes and market information for NCM at the OTC website.

"I am delighted to have assisted Nevada Clean Magnesium in upgrading to the OTCQB. Their story is especially attractive to U.S. investors," according to Peter Baxter, managing director of Baxter Capital Advisers Inc.

Edward Lee, chief executive officer and president, stated: "We are pleased to be listed on the OTCQB as it provides more exposure and accessibility for institutions and shareholders within the United States. And because of our Tami-Mosi magnesium project in Nevada, many of our key strategic initiatives for the next year are focused within the U.S. marketplace."

About Nevada Clean Magnesium Inc.

Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high-grade, low-cost magnesium metal extracted from its 100-per-cent-owned Tami-Mosi property located in north-central Nevada. Based on the company's National Instrument 43-101 preliminary economic assessment report published in September, 2011, and amended in July, 2014, the Tami-Mosi project has an inferred resource of 412 million tonnes with an average grade of 12.3 per cent magnesium for a contained metal content of 111 billion pounds of magnesium using a 12-per-cent cut-off grade contained within a high-purity dolomite block.

This press release was prepared under the supervision and review of James Sever, PEng, chief operating officer and director for Nevada Clean Magnesium. Mr. Sever is a non-independent qualified person within the meaning of National Instrument 43-101.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.