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BeMetals Commences Trading On the OTCQB(R) Venture Market And Obtains DTC Eligibility
VANCOUVER, BC / ACCESSWIRE / September 16, 2019 / BeMetals Corp. (“ Be...
About this update from Bemetals Corp.
[{"type":"text","content":"BeMetals Commences Trading On the OTCQB(R) Venture Market And Obtains DTC EligibilityVANCOUVER, BC / ACCESSWIRE / September 16, 2019 / BeMetals Corp. (“BeMetals” or the “Company”) (TSXV:BMET)(OTCQB:BMTLF) is pleased to announce it has qualified to upgrade to the OTCQB® Venture Market (“OTCQB”) in the United States and will begin trading on the OTCQB under the symbol “BMTLF” effective September 16, 2019.“We are delighted to launch on the OTCQB and provide existing and future U.S. shareholders with an upgraded trading platform,” said John Wilton, President and CEO of BeMetals. “Given we are advancing the high-grade South Mountain Zinc-Silver Polymetallic Project in Idaho and our other quality projects, we believe that trading on the OTCQB will provide additional liquidity and help us expand BeMetals’ investor presence in the United States.”The OTCQB® Venture Market, operated by OTC Markets Group Inc., requires companies to remain current and compliant in their reporting, and undergo an annual verification and management certification process. These standards provide improved investor confidence through verified information, as well as greater information availability and transparent prices for investors with Real Time Level 2 quotes. United States investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.BeMetals will continue to trade and build its, already strong, investor base on the TSX Venture Exchange (TSXV) under its existing symbol “BMET”.The Company is also pleased to announce that it has secured eligibility by The Depository Trust Company (“DTC”) for its common shares which trade on the OTCQB in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC eligibility permits shares of BeMetals to be distributed, settled and serviced through DTC’s automated processes, leveraging the efficiencies created through the electronic clearing and settlement of securities. DTC services provide cost benefits for investors and brokers trading Canadian secu...