Canada.

The shares of the company now constitute Canadian property for the purpose of Canadian tax and investment laws, allowing them to be held without restriction in various Canadian investment funds.

CEO Dr. Pierce Carson commented "We believe that continuance into New Brunswick will be in the best interest of shareholders.

"Among other benefits, it will enhance the company's exposure to the investment community in Canada. That community is strongly oriented towards mining, and historically has placed a premium on the market value of exploration/development companies such as Nord Pacific.'' Nord Pacific Ltd. is a diversified international resource company engaged in the production of copper and the exploration for, and development of, base and precious metals and strategic minerals, including copper, gold, silver, nickel and cobalt.