Noka Resources Announces Listing on the Frankfurt Stock Exchange
November 21, 2013 (Source: Marketwired) — Noka Resources Inc. (the “Company” or “Noka”) (TSX VENTURE:NX)(FRANKFURT:2NK) is pleased to announce that it has listed its common shares on the Frankfurt Stock Exchange (FWB) under the ticker symbol “2NK” and WKN number: A1W6E8. The Shares were listed by German market maker Baader Bank Aktiengesellschaft who will maintain the order book.
Nav Dhaliwal, President, states: “This dual listing in Germany will enable the Company to attract new shareholders and raise its visibility among international investors. Noka will now have a German translated section on its corporate website at www.nokaresources.com and we will also begin issuing news releases translated in German. We look forward to having a new forum to tell this exciting story to an international audience.”
About Noka Resources Inc.
Noka Resources Inc. is a junior exploration company with a focus on uranium in the prolific Athabasca Basin, Northern Saskatchewan. Noka’s exploration strategy is focused in relatively underexplored areas of the Athabasca Basin Region, targeting favourable geology and structure amenable to near surface, unconformity-style uranium mineralization.
With a total land position of 488,463 hectares, Noka holds one of the largest geologically prospective land packages in the region through a 100% interest in the Clearwater and Athabasca North group of properties, as well as a 25% interest in the Western Athabasca Syndicate group of properties.
About Baader Bank Aktiengesellschaft
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Baader Bank Aktiengesellschaft trades virtually the whole range of shares, bonds and derivatives for their clients. As a traditional specialist or lead broker with approx. 700,000 order books, they are the leading market-maker on the German exchanges. In their role as market leader using state-of-the-art technology, they are committed to achieving the highest possible standards in pricing, trading and processing of financial instruments – worldwide. Marketability of securities is guaranteed through on-going quoting of bid and offer prices. They smooth out any temporary imbalances between supply and demand in less liquid securities.
About Frankfurt Stock Exchange
The Frankfurt Stock Exchange (FWB) is the world’s 10th largest stock exchange by market capitalization. Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Borse (FWB: DB1), which also owns the European futures exchange Eurex and the clearing company Clearstream. For more information please go to www.boerse-frankfurt.de.
ON BEHALF OF THE BOARD OF DIRECTORS
Nav Dhaliwal, President and CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>