92 Resources Corp. (CVE:NTY) said it has been assigned the Legal Entity Identifier, to comply with the European Union regulations that requires the use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.
In a statement, the energy solutions company said it has been assigned the number 529900XDIJAIG9QO0I38.
The LEI is a 20-digit alphanumeric code that is an internationally standardized and globally valid identifier for financial market participants.
The purpose of the LEI is to clearly and unequivocally identify contracting parties like companies, banks and investment funds and is used to comply with a variety of financial reporting requirements.
All companies listed on the German stock exchanges are required to have an LEI number by 3 January, 2018.