Trading Halt Pending Material News
Northern Lights Resources Corp. (CSE:NLR, OTCQB:NLRCF) announced a temporary halt in trading at 10:48 PM PST by IIROC, following the company's request due to pending material news.
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Rhea-AI Summary
Northern Lights Resources Corp. (CSE:NLR, OTCQB:NLRCF) announced a temporary halt in trading at 10:48 PM PST by IIROC, following the company's request due to pending material news. This suspension underscores the significance of forthcoming announcements which could impact shareholder interests and trading activities. Northern Lights operates the 100% owned Secret Pass Gold Project in Arizona and is advancing its Medicine Springs silver-zinc-lead Project in partnership with Reyna Silver Corp.
Positive
- Northern Lights is progressing two projects: the Secret Pass Gold Project and the Medicine Springs silver-zinc-lead Project.
- The company is 100% owner of the Secret Pass Gold Project, indicating full control and potential for development.
Negative
- Trading has been halted, which can create uncertainty and volatility for investors.
Details
News Market Reaction – NLRCF
The recorded move for NLRCF in the trading session of this news was -62.22%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, BC / ACCESSWIRE / February 18, 2022 / Northern Lights Resources Corp. ("Northern Lights", "NLR" or the "Company")(CSE:NLR), (OTCQB:NLRCF) announces trading of the Company's shares has been halted at 10:48 PM PST by the Investment Industry Regulatory Organization of Canada (IIROC) this morning at the request of the Northern Lights, pending material news to be issued prior to the resumption of trading.
For further information on Northern Lights Resources please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: Shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The
Northern Lights Resources trades under the ticker of "NLR" on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
SOURCE: Northern Lights Resources Corp.
View source version on accesswire.com:
https://www.accesswire.com/689542/Trading-Halt-Pending-Material-News
FAQ
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