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Nickelex Resource Corp NKLXF


Primary Symbol: V.NICK

Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is located approximately seven kilometers (km) south-west (SW) of the village of Salmo, British Columbia (BC). The property consists of over 19 contiguous MTO mineral claims, which covers an area of approximately 83 square km. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba (the licenses). The four licenses are located 30 km north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. The Company, through Pilar Gold Inc. and Laiva Gold Inc., has operations in Brazil and Finland.


TSXV:NICK - Post by User

Post by Scorpio2on Jan 03, 2021 11:50am
150 Views
Post# 32211465

Registered Investment???

Registered Investment???As a Canadian investor, I am trying to determine if the common stock of Valterra are considered to be a "registered investment" (thus elligible) for registered accounts like an RRSP or TFSA. To be considered a registered investment, it must trade on a "designated" stock exchange. I realize the stock price is listed on the TSX.V (vancouver exchange) which is considered a "designated" stock exchange but it appears to trade OTC or Over The Counter, which I believe would render it not to be trading on  a "designated" stock exchange and thus not elligible for registered accounts. The stock in the US definitely trades OTC, which gives me concern that it also trades OTC in Canada. Any input from other Canadian investors here would be much appreciated. Thanks in advance.
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