Mr. Malcolm Bell reports
NOVA PACIFIC COMMENCES TRADING ON THE OTCQB VENTURE MARKET
Nova Pacific Metals Corp. has qualified for trading on the OTCQB Venture Market, operated by OTC Markets Group Inc., in the United States. The company's common shares commenced trading today on the OTCQB Venture Market under the symbol NVPCF. Nova Pacific's common shares will continue to trade on the Canadian Securities Exchange under the symbol NVPC.
"We are delighted to initiate trading on the OTCQB. The U.S. market has shown considerable interest in companies involved in critical and precious metal exploration, and our presence on the OTCQB is set to enhance our visibility and reach," commented J. Malcolm Bell, Nova Pacific's chief executive officer. "As we continue to make positive strides within our project portfolio, we are excited about the opportunity to connect with a wider investor base."
The OTCQB Venture Market offers investors transparent trading in entrepreneurial- and development-stage companies in the United States and internationally. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. The OTCQB Venture Market quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. Investors can find real-time Level 2 quotes and market information at the OTC Markets website.
Additionally, the company has granted an aggregate of 210,000 incentive stock options to certain directors, each of which vests immediately, is exercisable into common shares of the company at a price of 25 cents per share for a period of five years, and is governed by the terms of Nova Pacific's stock option plan.
About Nova Pacific Metals Corp.
Nova is a Canadian exploration and development company focused on pursuing projects with a significant discovery providing a viable pathway to development. The key projects owned by the company are its Deer Musk West lithium project, located in Clayton Valley, Nevada, and its recently acquired Lara project, located on Vancouver Island, British Columbia. The company intends to continue its exploration and development efforts on its mineral projects, with a view toward maximizing shareholder value.
We seek Safe Harbor.
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