Great Atlantic Announces LEI Number
FOCUSED ON EXPLORING ATLANTIC CANADA
VANCOUVER, British Columbia – January 03, 2018 – GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the “Company” or “Great Atlantic”) has been assigned the legal entity identifier (LEI) No. 549300L0T9CNTE0F1Q35. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.
About the legal entity identifier (LEI)
The legal entity identifier (LEI) number is a 20-digit alphanumeric code. It is an internationally standardized and globally valid identifier for financial market participants. Its purpose is to clearly and unequivocally identify contracting parties (such as companies, banks and investment funds). It is used to comply with a variety of financial reporting requirements. The Deutsche Borse Group has stated that, “The LEI will clearly assist the regulatory authorities in monitoring and analyzing threats to the stability of the financial markets, (but) it can also be utilized by counterparties internally for risk management purposes.”
Great Atlantic meets the requirement for all companies listed on German stock exchanges (such as the Frankfurt Stock Exchange) to have an LEI number by Jan. 3, 2018.
According to the website of the Deutsche Bourse Group, the LEI number will affect most aspects of the securities markets in Europe, including trading, clearing, settlement, custody, collateral and liquidity management, market data, and indices.
About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Zinc, Cobalt, Antimony, Tungsten and Gold.
On Behalf of the board of directors
“ Christopher R Anderson ”
Mr Christopher R Anderson ” Always be positive, strive for solutions, and never give up ”
President CEO Director
604-488-3900 – Direct
Kaye Wynn Consulting Inc.: 604-558-2630, Toll Free –888-280-8128
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither 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.
Great Atlantic Resource Corp
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4