TORONTO, ON / ACCESSWIRE / February 19, 2019 / Nuinsco Resources Limited ("Nuinsco" or "the Company") (CSE: NWI), a Canadian mineral exploration and discovery company with a long history of success, today announced that the Company's common shares will begin trading on the Canadian Securities Exchange ("CSE") under the trading symbol NWI at the opening of the market tomorrow, February 20, 2019.
"We anticipate listing on the CSE to be an exciting, and long-awaited, milestone for Nuinsco's existing shareholders. It will also afford the Company the opportunity to present its projects and strategy to a new large base of potential investors," said Paul Jones, President and CEO. "Nuinsco's current projects include two quality exploration properties in Ontario - the high-grade Sunbeam gold property and the multi-commodity Prairie Lake property - and El Sid in Egypt, a gold dumps and tailings exploitation operation with the potential to generate near-term cash flow to fund exploration of Nuinsco's existing assets and to evaluate and add new ones."
About Nuinsco Resources Limited
Nuinsco Resources has over 45 years of exploration success and is a growth oriented, multi-commodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. Currently the Company has two properties in Ontario - the high-grade Sunbeam gold prospect near Atikokan and the large, multi-commodity (rare-earths, niobium, tantalum, phosphorus) Prairie Lake project near Terrace Bay. In addition, Nuinsco has recently completed an agreement for gold exploitation at the El Sid project in the Eastern Desert of Egypt - a project with the potential to provide near-term revenue.
This news release contains certain "forward-looking statements." All statements, other than statements of historic fact, which address activities, events or developments that Nuinsco believes, expects or anticipates will or may occur in the future, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate, "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current expectations or beliefs of Nuinsco based on information currently available to Nuinsco. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Nuinsco to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Nuinsco. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to successfully complete financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world copper and/or gold markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates, success of future development initiatives, competition, operating performance of facilities, environmental and safety risks, delays in obtaining or failure to obtain tenure to properties and/or necessary permits and approvals, and other development and operating risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Nuinsco disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Nuinsco believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
To learn more, please contact:
Paul Jones, CEO
Sean Stokes, Executive VP
Cathy Hume, Consultant
SOURCE: Nuinsco Resources Limited
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