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Nippon Dragon selects Merriman Capital as Capital Markets Advisor for its new OTCQB Listing

29.01.2015  |  The Newswire

Brossard (Quebec) / TheNewswire / January 29th, 2015 / Nippon Dragon Resources Inc. (the "Corporation" or "Nippon") (TSX-V Symbol: NIP), is pleased to announce that it has selected Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR), to serve as a capital markets advisor for Nippon Dragon Resources Inc. (OTCQB: RCCMF) ("Nippon Dragon") as it begins trading on OTCQB(R), the venture market for entrepreneurial and development stage companies. OTC Markets Group announced today that the Nippon Dragon has been verified for trading on OTCQB, effective January 29, 2015.

The OTCQB venture marketplace offers investors transparent trading in entrepreneurial and development stage U.S. and international companies. Since March 26, 2014, OTCQB companies have been required to meet new standards and eligibility requirements. To be eligible for OTCQB, companies must meet a minimum bid price test, be current in their reporting and undergo a new annual verification and management certification process designed to improve the information available to investors.

"Having graduated to an OTCQB listing is another major milestone in our growth strategy and we very pleased to have selected Merriman Capital as our capital market advisors and look forward to working closely with them" stated Andre Savard, Nippon's President and CEO

About Merriman Capital inc.

Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.

Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com. Digital Capital Network, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. All operations on the Digital Capital Network are currently being executed by Merriman Capital, Inc.

Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.

About Nippon Dragon Resources inc.

Nippon is active in the exploration and the development of gold resources in Quebec and Peru. The Corporation holds a gold property with resources recognised in accordance with NI43-101, a modular treatment plant and also an exclusive license for the Thermal Fragmentation mining method for exploiting high-grade ore deposits.

The company's growth strategy is based on:

  • -- The development of its gold deposits with the objective of producing revenue from its operations;

    -- Increasing the value of its mining assets by prioritizing the exploration targets; and

    -- The commercialisation and employment of its thermal fragmentation technology.

For additional information:

John Stella, Investor relations (514) 718-7976 jstella@nippondragon.com

Andre Savard, President & CEO (450) 510-4442 asavard@nippondragon.com

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. 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 and production activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation 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 market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Ressources Nippon Dragon Resources Inc. 7055 Taschereau Blvd., suite 500, Brossard (Quebec) J4Z 1A7

Tel: (450) 510-4442 www.nippondragon.com

Copyright (c) 2015 TheNewswire - All rights reserved.


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