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Nubian announces annual meeting results and update on Esquilache Project in Southern Peru

PRESS RELEASE PR Newswire | Jan. 29, 2018, 08:05 AM

ABBOTSFORD, BC, Jan. 29, 2018 /CNW/ – Nubian Resources Ltd. (the “Company”) (TSX VENTURE: NBR) is pleased to announce the results of its annual general and special meeting of shareholders held January 24, 2018 (the “Meeting”). All matters presented at the Meeting were approved by shareholders including the re-election of directors Markus Janser, Chairman, Martin Walter, David Fynn and Larry Treadgold, the appointment of Morgan & Company LLP Chartered Accountants as Auditors for the ensuing year and re-authorization of the Company’s 10% rolling stock option plan.

As an update on Nubian’s acquisition of the Esquilache silver-lead-zinc project comprising the historical Esquilache underground lead-zinc mine and adjacent Virgen de Chapi prospect located in the Puno Department of Southern Peru (the “Project”) from Zinc One Resources Inc., the Company has received conditional approval from the TSX Venture Exchange for the acquisition that requires, among other requirements, that the Company file a technical report under its name on the Project. The Company has engaged CSA Global Pty Ltd., Mining Industry Consultants to prepare the report. It is anticipated that filing will occur in February.

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