Nubian Resources receives TSX-V OK for Yandoit deal

Nov 24, 2020

2020-11-23 13:31 ET – News Release

Mr. Martin Walter reports

NUBIAN RECEIVES TSXV APPROVAL TO CLOSE ACQUISITION OF YANDOIT ADVANCED GOLD PROJECT IN VICTORIA, AUSTRALIA

Nubian Resources Ltd. has received TSX Venture Exchange approval to proceed with closing the company’s acquisition of a 60-per-cent interest in the Yandoit gold project, situated in the historic Daylesford gold corridor of central Victoria, Australia. The project consists of approximately 38 square kilometres (3,800 hectares) of property interest held under one mining licence and two exploration licences, containing six historic gold mines. In connection with the acquisition, the company’s wholly owned subsidiary Blackwood Prospecting Pty. Ltd. will now proceed with the closing, anticipated to occur Thursday, Nov. 26, 2020.

About Nubian Resources Ltd.

Nubian Resources is a publicly traded precious metal and base metal exploration company listed on the TSX-V. The company is managed by a team of experienced mining and geological professionals. Nubian’s main asset is the Esquilache silver-zinc project located within the Tintaya porphyry copper belt of southern Peru. In May, 2020, Nubian entered into an agreement to acquire and develop the Yandoit gold project in central Victoria, Australia.

We seek Safe Harbor.

https://www.nubianr.com/