Vancouver, British Columbia (FSCwire) - Nickel One Resources Inc. (TSX-V: NNN, Frankfurt: 7N1) ("Nickel One" or "Company") is pleased to report that the Company has been assigned the Legal Entity Identifier ("LEI") number 254900F7IIXR7AB13666. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.

 

About the Legal Entity Identifier (LEI):

 

The 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 Borse Group has stated that "the LEI will clearly assist the regulatory authorities in monitoring and analyzing threats to the stability of the financial markets, (but) it can also be utilized by counterparties internally for risk management purposes."

 

Nickel One meets the requirement for all companies listed on German Stock Exchanges (ie. Frankfurt Stock Exchange) to have an LEI number by January 3, 2018.

 

According to the website of the Deutsche Borse 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)

 

About Nickel One:

 

Nickel One Resources Inc. is a PGE, Nickel, Copper exploration and development company evaluating the Tyko Property near Marathon, Ontario, Canada and has recently acquired the LK PGE, Copper Nickel, project in Finland. Nickel One’s objective is to efficiently advance the Tyko Project through exploration and development to a mineral resource and to continue the development and expansion of the LK project’s mineral resources. The Company intends to build shareholder value through accretive acquisition of additional promising assets.

 

ON BEHALF OF THE BOARD:

 

“Vance Loeber”

President & CEO, Director

 

For further information contact:

 

Vance Loeber

Phone: 1778-327-5799 ext.315

Fax: 778-327-6675

Email: info@nickeloneinc.com

 

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Nickel One Resources Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

 

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in gold and other commodity prices; title matters; 6 environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to U.S. Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/NickelOne11292017_0.pdf

Source: Nickel One Resources Inc. (TSX Venture:NNN)

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