Business
First Atlantic Nickel Launches New Website, Corporate Presentation and Provides an Update on DTC Eligibility and OTCQB Listing
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - First Atlantic Nickel Corp. (TSXV:...
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"First Atlantic Nickel Launches New Website, Corporate Presentation and Provides an Update on DTC Eligibility and OTCQB ListingVancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - First Atlantic Nickel Corp. (TSXV: FAN) (OTC Pink: ACPRF) (FSE: P21) (\"FAN\" or the \"Company\") is pleased to announce that it has launched a new website and corporate presentation. The website can be found at www.fanickel.com, and the corporate presentation can be viewed at www.fanickel.com/presentation.The updated website and corporate presentation will provide investors, stakeholders, and interested parties with a comprehensive overview of the Company's mission, operations, and exploration strategy, and is the first part of FAN's plan to bring global visibility to the Company as it strives to establish itself as a leader in the nickel industry. The Company is also pleased to advise that it has filed for DTC eligibility and an uplisting on the OTC markets to the OTCQB from the pink sheets, both of which remain subject to final approval. The Company will provide subsequent updates on timing in due course. This strategic move complements the initial engagement of Xander Capital Partners, Life Water Media and Think Ink who have a combined budget allocation of up to US$320,000 over the next 12 months to maximize visibility through robust investor outreach campaigns.The OTCQB is a premier marketplace for entrepreneurial and development stage US and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process every six months. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve investors' access to information and trading experience.The Shares will also be eligible for electronic clearing and settlement in the United States through the DTC. DTC eligibility is expected to simplify the process of trading and to enhance liquidity of the Shares in the United States.The Company is also preparing to launch its 2024 field programs at the Atlantic Nickel (Pipestone Awaruite) and Voisey's West projects. The Atlantic Nickel project i...