Zeb Nickel (TSX-V:ZBNI) Corp said it has received final approval from the OTC Markets Group to begin trading on the OTCQB market under the ticker symbol 'ZBNIF' at market open on January 19, 2022.
The Vancouver, British Columbia-based company said it is “excited” to be trading on the OTCQB Venture Market in the US which complements its Canadian listing on the TSX Venture Exchange and broadens its investor base.
In a statement, Zeb Nickel CEO Wayne Isaacs said: "This is a timely milestone as we have a robust pipeline of exploration activity currently underway, and trading on the OTCQB will increase the company's visibility to US investors and improve liquidity for our shareholders."
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He added: “In the upcoming months we are looking forward to reporting our second phase of this exciting exploration project and we will be updating the marketplace on the of our project's phased exploration program which has already resulted in high grade nickel sulphide intersection in excess of 0.5% nickel and 1.88 grams per ton (g/t) 3PGE + Au (platinum plus palladium plus rhodium plus gold)."
The OTCQB is the premier venture marketplace for developing junior resource companies in the US. To be eligible, companies must meet high financial standards, be current in their financial reporting, and demonstrate compliance with US securities laws, and undergo an annual verification and management certification process.
Zeb’s flagship project is the already fairly advanced Zeb Nickel (TSX-V:ZBNI) project which sits in the northern limb of the Bushveld and is around 9 kilometres northeast of the town of Mokopane in the Limpopo province of South Africa. It reportedly contains 3.9 million tons of contained sulphide nickel.
The project is ranked number eight in the global top 10 nickel sulphide resources, according to Mudd and Jowitt.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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