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Nickelex Resource Corp V.NICK

Alternate Symbol(s):  NKLXF

Nickelex Resource Corporation is engaged in the acquisition, exploration, and development of natural resource properties. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties, and Pilar Gold Inc. and Laiva Gold Inc. The Swift Katie gold/copper property near Salmo, British Columbia is an area that has historically hosted several important mining districts and is underlain by rocks favourable for the discovery of both copper-gold porphyry deposits and high-grade gold quartz veins. 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 four licenses are located 30 kilometers north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. Pilar Gold Inc. and Laiva Gold Inc. have operations in Brazil and Finland. Pilar Gold operates the Pilar gold mine in Brazil. Laiva Gold owns the Laiva gold mine and mill in Finland.


TSXV:NICK - Post by User

Post by Scorpio2on Jan 03, 2021 11:50am
172 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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