Business
American Copper Receives DTC Eligibility for U.S Trading
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "Company")
About this update from American Copper Development Corporation
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) (\"ACDX\" or the \"Company\") announces that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (\"DTC\").DTC eligibility simplifies the process of trading and can enhance liquidity of ACDX's shares in the United States. The Company's shares recently began trading on the OTCQB Venture Market (\"OTCQB\") under the ticker symbol \"ACDXF\". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.American Copper's shares will continue to trade on the Canadian Securities Exchange (\"CSE\") under the symbol \"ACDX\". About the Company The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg Property in the state of New Mexico U.S. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. American Copper Development Corporation For further information, please contact: Daniel SchieberChief Executive Officer and DirectorPhone: (778) 372-9888Email: [email protected] Cautionary Statement Regarding Forward-Looking Information This news release includes certain \"forward-looking information\" under applicable Canadian securities legislation. Forward-looking information involves risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or im...