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Equitorial Exploration LEI Number
(via TheNewswire) Vancouver, BC, Canada / TheNewswire / November 22, 2017 - Equitor...
About this update from Lake Winn Resources Corp.
[{"type":"text","content":"Equitorial Exploration LEI Number(via TheNewswire)\n \n \nVancouver, BC, Canada / TheNewswire / November 22, 2017 - Equitorial Exploration Corp. (TSX-V: EXX, Frankfurt: EE1, OTCQB: EQTXF) (\"Equitorial\" or \"Company\") is pleased to report that the Company has been assigned the Legal Entity Identifier (\"LEI\") number 529900L8RS3F4W5BRL86. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.\n\n \n \nAbout the Legal Entity Identifier (LEI)\n\n\n \nThe Legal Entity Identifier (LEI) number is a 20-digit alphanumeric code. It is an internationally standardized and globally valid identifier for financial market participants. Its purpose is to clearly and unequivocally identify contracting parties (e.g., companies, banks, and investment funds). It is used to comply with a variety of financial reporting requirements. The Deutsche B?rse Group has stated that \"the LEI will clearly assist the regulatory authorities in monitoring and analysing threats to the stability of the financial markets, (but) it can also be utilised by counterparties internally for risk management purposes.\"\n\n\n \nEquitorial meets the requirement for all companies listed on German Stock Exchanges (ie. Frankfurt Stock Exchange) to have an LEI number by January 3, 2018. \n\n\n \nAccording to the website of the Deutsche B?rse Group, the LEI number will affect most aspects of the securities markets in Europe, including trading, clearing, settlement, custody, collateral and liquidity management, market data and indices. (See http://deutsche-boerse.com/dbg-en/regulation/regulatorytopics/legal-entity-identifier)\n\n\n \nAbout Equitorial Exploration\n\n\n \nEquitorial is aggressively developing four 100%-owned, high-potential, lithium projects in North America. The Little Nahanni Pegmatite Group (LNPG) is a 43-101 compliant, hard rock, lithium property in the NWT. The Cat Lake Lithium Property in Manitoba, Canada is directly adjacent to the Cat Lake Mineral Project, a highly prospective Lithium property. The Tule and Gerlach Lithium Brine Projects are located in lithium-rich Utah and Nevada within easy reach of the Tesla Gigafactory #1. All four projects have demonstrated highly encouraging grades. \n\n \n \nFor more information please visit: http://equitorialexploration.com/\n\n\n \nOn beh...