Trading Halt Pending Material News

Rhea-AI Summary

Northern Lights Resources Corp. (CSE:NLR, OTCQB:NLRCF) announced a temporary halt in trading at 10:48 PM PST by IIROC, following the company's request due to pending material news. This suspension underscores the significance of forthcoming announcements which could impact shareholder interests and trading activities. Northern Lights operates the 100% owned Secret Pass Gold Project in Arizona and is advancing its Medicine Springs silver-zinc-lead Project in partnership with Reyna Silver Corp.

Positive

• Northern Lights is progressing two projects: the Secret Pass Gold Project and the Medicine Springs silver-zinc-lead Project.
• The company is 100% owner of the Secret Pass Gold Project, indicating full control and potential for development.

Negative

• Trading has been halted, which can create uncertainty and volatility for investors.

VANCOUVER, BC / ACCESSWIRE / February 18, 2022 / Northern Lights Resources Corp. ("Northern Lights", "NLR" or the "Company")(CSE:NLR), (OTCQB:NLRCF) announces trading of the Company's shares has been halted at 10:48 PM PST by the Investment Industry Regulatory Organization of Canada (IIROC) this morning at the request of the Northern Lights, pending material news to be issued prior to the resumption of trading.

For further information on Northern Lights Resources please contact:

Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163

Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163

Shawn Balaghi, Investor Relations
Email: Shawn@northernlightsresources.com
Tel: +1 604 773 0242

About Northern Lights Resources Corp.

Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights is earning 100% in joint venture with Reyna Silver Corp.

Northern Lights Resources trades under the ticker of "NLR" on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.

SOURCE: Northern Lights Resources Corp.

View source version on accesswire.com:
https://www.accesswire.com/689542/Trading-Halt-Pending-Material-News

FAQ

Why was trading halted for NLRCF?

Trading for NLRCF was halted at the request of Northern Lights Resources due to pending material news.

What projects is Northern Lights Resources working on?

Northern Lights Resources is advancing the Secret Pass Gold Project in Arizona and the Medicine Springs project in Nevada.

What does it mean for shares to be halted?

A trading halt means that shares cannot be bought or sold until trading resumes, often due to significant news or events.