Mr. William Love reports
NEW BREAK COMMENCES TRADING ON THE OTCQB VENTURE MARKET UNDER THE SYMBOL NBRKF
New Break Resources Ltd.'s common shares have been approved to commence trading on the OTCQB Venture Market, beginning today, under the ticker symbol NBRKF. The company's common shares will continue to trade on the Canadian Securities Exchange under the symbol NBRK and on the Frankfurt Stock Exchange in Germany under the symbol O91.
The OTCQB is a leading market for early-stage and developing U.S. and international companies. Recognized as an established public market by the U.S. Securities and Exchange Commission, the OTCQB has helped companies build considerable shareholder value, including enhanced liquidity and valuation. Investors gain access to real-time quotes and benefit from efficient trading through their preferred on-line or full-service brokers or financial advisers, using trusted disclosure that is made broadly available to broker dealers and market data providers. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process.
"We are extremely pleased to offer U.S. investors an efficient and transparent way to invest in New Break in U.S. dollars and through their broker of choice," said Michael Farrant, president of New Break Resources. "Providing the ability for New Break's common shares to trade in the United States through this OTCQB listing and in Europe through our recent listing on the Frankfurt Stock Exchange are important steps in expanding New Break's visibility. With a significant new gold discovery in Northeastern Ontario and 2026 drilling at our Moray gold project well under way, we believe that New Break offers a superior investment choice for all investors. This value proposition is even greater for U.S. and European investors who can now buy shares of New Break at a significant home currency discount given the strength of the U.S. dollar and euro relative to the Canadian dollar."
An application with the Depository Trust & Clearing Corp. (DTCC) for DTC eligibility is currently pending. Once approved, this will enable electronic clearing and settlement of the company's common shares, significantly reducing the time and cost associated with trading Canadian-listed securities in the United States.
U.S. investors can find current financial information relating to New Break, including real-time price quotes and market information, on the OTC Markets website under the symbol NBRKF.
About New Break Resources Ltd.
New Break is a proudly Canadian mineral exploration company focused on its Moray gold project located 49 kilometres south of Timmins, Ont., in a well-established mining camp within proximity to existing infrastructure, 32 kilometres northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. Shareholders are also leveraged to exploration success in Nunavut, Canada, through New Break's 20-per-cent carried interest in the Sundog gold project and ownership of six million shares of Guardian Exploration Inc. The company is supported by a highly experienced team of mining professionals.
New Break trades in Canada on the CSE under the symbol NBRK, in the United States on the OTCQB Venture Market under the symbol NBRKF and on the Frankfurt Stock Exchange under the symbol O91.
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