St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that its US-based OTC Markets listing under the symbol “LRDJF” has received confirmation from the Depository Trust Company (“DTC”) that its common shares are now eligible for electronic clearing and settlement through DTC in the United States.
St. James Gold Corp.’s CEO, George Drazenovic, welcomed this development. “Today’s news is an important milestone towards broadening our market presence across the United States. DTC eligibility allows current and prospective shareholders of St. James Gold a reliable, cost-efficient, and timely method for the clearing and settlement of our common shares, and positions US investors to participate in our Company’s exciting growth.”
The DTC is a subsidiary of The Depository Trust & Clearing Corporation that manages the electronic clearing and settlement of publicly traded companies in the United States. This electronic method of clearing securities accelerates the settlement process for investors and brokers, enabling securities to be traded over a much wider selection of brokerage firms in the United States. DTC is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the U.S. Securities and Exchange Commission.
For Full Release: https://www.globenewswire.com/news-release/2021/10/01/2307060/0/en/ST-JAMES-GOLD-CORP-TSX-V-LORD-RECEIVES-DTC-ELIGIBILITY-IN-THE-UNITED-STATES.html
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