New Break Files Final Prospectus and Receives Conditional Listing Approval from the CSE
5 August 2022
Toronto, Ontario, August 5, 2022 – New Break Resources Ltd. (“New Break” or the “Company”) is pleased to announce that it has been receipted by the Ontario Securities Commission (the “OSC”) for the filing of a Final Long Form Non-Offering Prospectus (the “Prospectus”) dated August 4, 2022. As a result, the Company has become a reporting issuer in the Province of Ontario. No securities are being offered and no proceeds were raised pursuant to this Prospectus.
The Company is also pleased to announce that it has received conditional approval to list its common shares (the “Common Shares”) on the Canadian Securities Exchange (the “CSE”) (the “Listing”). The Listing remains subject to the Company fulfilling all of the customary requirements of the CSE, including the receipt of all required documentation. Once final approval is received from the CSE, the Common Shares are expected to commence trading under the trading symbol "NBRK". There is no assurance that the Company will ultimately be able to satisfy the requirements of the CSE.
The Prospectus contains important information relating to the Company. A copy of the Prospectus is available under the Company’s profile on SEDAR at www.sedar.com.
About New Break Resources Ltd.
New Break is a Canadian mineral exploration and development company with a dual vision for value creation. In northern Ontario, New Break is focused on its Moray Project, in a well-established mining camp, within proximity to existing infrastructure, while at the same time, through our prospective land holdings in Nunavut, we provide our shareholders with significant exposure to the vast potential for exploration success in one of the most up and coming regions in Canada for gold exploration and production. These complimentary visions are supported by a highly experienced team of mining professionals committed to placing a premium on Environmental, Social and Corporate Governance, respecting the values and interests of all our stakeholders.