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Nevada Energy Metals Announces Submission of OTCQB Market Application

May 12, 2016 / TheNewswire / Vancouver, British Columbia- Nevada Energy Metals Inc. "the Company" (TSX-V: BFF; Pink: SSMLF) (Frankfurt: A2AFBV) is pleased to an

articleGrid Battery Metals IncMay 12, 20164/company/grid-battery-metals-inc/news/nevada-energy-metals-announces-submission-of-otcqb-market-application
Nevada Energy Metals Announces Submission of OTCQB Market Application

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[{"type":"text","content":"May 12, 2016 / TheNewswire / Vancouver, British Columbia- Nevada Energy Metals Inc. \"the Company\" (TSX-V: BFF; Pink: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has commenced the process to upgrade the Company to the OTCQB(R) Venture Market. The Company currently trades on the Pink(R) Open Market. CEO Rick Wilson commented, \"We are excited about submitting the application to upgrade to OTC Markets Group's OTCQB Venture Market. We expect that, if granted, this designation will facilitate an increased following of shareholders and brokers who are more comfortable with OTCQB market standards.\" About OTCQB: The OTCQB Venture Market, operated by OTC Markets Group Inc., is designed for entrepreneurial and development stage U.S. and international companies. To be eligible, companies must meet a minimum $0.01 bid price test, be current in their reporting and undergo an annual verification and management certification process. OTCQB companies cannot be in bankruptcy. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. OTCQB criteria include: -Companies are current in their reporting to a U.S. regulator or are listed on a qualified international stock exchange -Minimum bid price test of $0.01 removes companies that are most likely to be the subject of dilutive stock fraud schemes and promotion -A verified Company Profile displayed on www.otcmarkets.com that is current and complete -Annual management certification process to verify officers, directors, controlling shareholders, and shares outstanding About Nevada Energy Metals: http://nevadaenergymetals.com/ Nevada Energy Metals Inc. is a well-funded Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 87 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America. Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a highly prospective lithium exploration project, 100% owned without any royalties, located on the western part of...

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