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Beyond Oil Announces DTC Eligibility
DTC Eligibility is Expected to Increase the Accessibility of Beyond Oil's Stock for U.S. Investor...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Beyond Oil Announces DTC EligibilityDTC Eligibility is Expected to Increase the Accessibility of Beyond Oil's Stock for U.S. InvestorsVANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / August 28, 2023 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) (\"Beyond Oil\" or the \"Company\"), a food-tech innovation company extending the life of frying oil, reducing costs and waste, is pleased to announce, following its listing on the OTCQB® Venture Market (\"OTCQB\") that was announced on June 2, 2023, that the Depository Trust Company (\"DTC\") has made the Company's common shares eligible for electronic clearing and settlement at DTC.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. Securities that are eligible to be electronically cleared and settled through DTC are considered to be \"DTC eligible\". DTC eligibility is expected to simplify the process of trading and enhance the liquidity of Beyond Oil's common shares in the United States.\"We are pleased to have received DTC eligibility, as we believe that this milestone will provide investors with greater accessibility and visibility to Beyond Oil in the United States,\" said Jonathan Or, CEO and Co-Founder of Beyond Oil. \"This milestone has also opened the door to new investors that may have been previously restricted from trading our stock, while existing shareholders will also benefit from greater liquidity and execution speed.\"About Beyond Oil Ltd.Beyond Oil develops and manufactures an innovative, proprietary, and patented product designed to extend the life of frying oil while preserving the oil's quality and nutritional value. The unique product integrates into the existing filtration systems of both commercial and industrial fryers, reducing oil costs, helping create healthier food, decreasing waste and increasing sustainability. For more information visit: www.beyondoil.co.ContactsJonathan OrCEO and [email protected] SawamotoInvestor [email protected] Statement and InformationThe Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Ma...