COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Idaho North Resources is pleased to announce that it has received clearance from FINRA to list on the OTC Bulletin Board as (OTCBB:IDAH). The company will also be shown on the OTC Link “Pink Sheets” as OTCQB stock (OTCQB:IDAH), a reporting issuer with the Securities and Exchange Commission.
On March 22, 2013, an S-1 Registration Statement filed by Idaho North Resources became effective. Due to the “shell company” rule as defined by the SEC, the S-1 was a critical step in allowing “registered free-trading shares” into the public market upon listing the company. On April 1, 2013, the company filed a Form 8-K with the SEC declaring that Idaho North Resources is no longer a “shell company” as defined in Rule 405 of the Securities Act of 1933. The 8-K will have special significance for prospective investors when raising capital in the future.
Exploration work will continue on the company’s Eagleville gold/silver project south of Fallon, Nevada and its Klondike North silver/gold project near Tonopah, Nevada. Work will include soil sampling, rock sampling, geological mapping and compilation of additional data from previous exploration programs. A substantial amount of data has been generated from both projects over the years from past production and exploration programs of former lessees.
ABOUT IDAHO NORTH RESOURCES:
Idaho North Resources is a U.S.-based junior mining company listed on the OTCBB market under the symbol IDAH and is involved in exploring for and developing gold, silver and base metal resources in Idaho and Nevada. The company currently has long-term lease options on its Eagleville gold/silver project south of Fallon, Nevada and its Klondike North and Divide silver/gold projects near Tonopah, in Esmeralda County, Nevada.
This news release contains certain forward-looking statements within the meaning of the Federal Securities Laws. Such statements are based on assumptions that the Company believes are reasonable but which are subject to a wide range of uncertainties and business risks. There are many factors that could cause actual results to differ from those anticipated.