VANCOUVER, BC, Feb. 17, 2021 /CNW/ -- Nickel Rock
Resources Inc. ("the Company" or "Nickel Rock") TSXV: NICL,
OTCQB: NIKLF is pleased to announce that it has entered into an
Exclusive Corporate Advisory and Investment Banking Agreement with
Network 1 Financial Securities, Inc. ("Network One") effective
February 9, 2021. Network 1
Financial Securities, Inc. is an experienced and independent,
full-service securities firm headquartered out of Red Bank, New Jersey. Network One provides
capital raising, market making, M&A, and corporate advisory
services, in addition to traditional retail and institutional
brokerage services to its clients in North America, Asia, Australia and the UK.
Network One has been retained by the Company to act as its
exclusive investment banker and corporate advisor with respect to
the development of the Company's US corporate strategy, the
selection of future Company board members, the structure of future
US private placements, (including due diligence processes and
investor verification services) and to assist the Company with an
overall up-listing strategy to the NYSE or NASDAQ.
Mr. Robert Setter, President
& CEO of Nickel Rock, states "Having a well-respected and
trusted corporate advisor closely working with us as we grow our
company is essential to unlocking long term shareholder
benefit. Network One has successfully helped many companies
such as ours and we look forward to working with their team of
professionals as we grow. Nickel Rock has always had its
sights set on a NYSE or NASDAQ listing in the US, and Network One
is a step in the right direction to developing the resources to
make this happen."
Mr. Edward Cabrera, Network One's
Managing Director adds "We have been following Nickel Rock
Resources for quite some time including the senior management team
and its mineral exploration properties. Nickel Rock is a
great example of a rapidly growing company looking to contribute to
the green energy industry/ electric vehicle market with its nickel
and lithium properties. We believe that with the right
guidance and support, Nickel Rock could be a significant player in
this market."
About Network 1 Financial Securities, Inc.
Founded in 1983, Network 1 Financial Securities, Inc. is a
full-service broker/dealer. Its clients include high net
worth individuals from many countries, institutional investors,
managed pension funds and hedge funds. Network 1 is
committed to servicing each client on a personal level to help meet
their individual financial goals. We believe that this commitment
strengthens client relationships and, in turn, creates long-term
associations.
Network One's investment banking team has more than 100 years of
combined experience, and provides services including Private
Placements, PIPEs, Initial and Secondary Public Offerings, Bridge
Financing, Merger and Acquisition assistance, market making and the
ability to assist with up-listing to national exchanges.
Network 1 is committed to being a long-term, trusted advisors for
its clients.
Network One is a member of the Financial Industry Regulatory
Authority ("FINRA"), and the Securities Investor Protection
Corporation ("SIPC").
About Nickel Rock Resources Inc.
Nickel Rock Resources is a Canadian-based mineral exploration
company with a highly focused effort on exploration for high-value
battery metals required for the electric vehicle (EV) market. The
company recently announced several acquisitions resulting in a
significant property package prospective for awaruite, a naturally
occurring nickel-iron alloy important in the manufacture of
environmentally efficient batteries for the electric vehicle
markets globally.
Lithium Project
The Clayton Valley Project is an early-stage lithium brine
prospect in Esmeralda county,
Nevada. A total of 77 placer
claims covering about 640 hectares (1,500 acres) were staked over
the western side of the Clayton Valley playa. The property position
covers an inferred graben bounded by the Silver Peak range front on
the west and Goat Island on the east. The exploration concept is
the graben is a subbasin of the larger Clayton Valley basin and may
represent a secondary trap for lithium brines within the greater
system.
Nickel Projects
The Mount Sidney Williams Group consists of five claim blocks in
four groups with a total area of 6,125.32 hectares in the area
surrounding Mount Sidney Williams, both adjoining and near the
Decar project of FPX Nickel Corp., located 100 kilometers northwest
of Fort St. James, B.C., in the
Omineca mining division. Metallic mineralization includes nickel,
cobalt and chromium. At least some of the nickel mineralization
occurs as awaruite.
The Mitchell Range Group area claim consist of two contiguous
claim blocks covering 3,134.70 hectares with demonstrated metallic
mineralization including nickel, cobalt and chromium. Nickel-cobalt
mineralization has not been well explored, but the presence of
awaruite has been documented. The company is planning detailed
exploration for the upcoming exploration season. The acquisition of
the Hard Nickel group and the Nickel 100 claims are subject to TSX
Venture Exchange approval. Lithium projects
On Behalf of the Board of Directors
"Robert Setter"
Robert Setter, President &
CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release may contain
forward-looking statements which include, but are not limited to,
comments that involve future events and conditions, which are
subject to various risks and uncertainties. Except for statements
of historical facts, comments that address resource potential,
upcoming work programs, geological interpretations, receipt and
security of mineral property titles, availability of funds, and
others are forward-looking. Forward-looking statements are not
guaranteeing future performance and actual results may vary
materially from those statements. General business conditions are
factors that could cause actual results to vary materially from
forward-looking statements.
Nickel Rock Resources Inc.
1220 – 789 West Pender
Street
Vancouver, BC, Canada V6C 1H2
604- 428-5690
www.nickelrockresources.com
info@nickelrockresources.com
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SOURCE Nickel Rock Resources Inc.