Business
Desert Gold Receives DTC Eligibility for its Common Shares
Delta, British Columbia--(Newsfile Corp. - January 27, 2022) - Desert Gold Ventures Inc. 
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About this update from Desert Gold Ventures Inc.
[{"type":"text","content":"Desert Gold Receives DTC Eligibility for its Common SharesDelta, British Columbia--(Newsfile Corp. - January 27, 2022) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the \"Company\") is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (\"DTC\").DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic clearing and settlement for publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered to be \"DTC eligible\".DTC eligibility will simplify the process of trading and transferring the Company's common shares in the United States and is also expected to enhance the liquidity profile of its common shares in the United States due to the accelerated settlement period and reduction in trading costs for investors and broker/dealers.Desert Gold's President & CEO Jared Scharf commented, \"Listing Desert Gold's common shares to the OTCQB last year was the first step to improve the Company's liquidity profile in the US. DTC eligibility is the next step in the process and will allow us to engage a larger US based investor audience as we continue to develop our regional flagship SMSZ Project located in Western Mali.\"On Behalf of the Board\"Jared Scharf\"___________________________Jared ScharfPresident, CEO & DirectorAbout Desert GoldDesert Gold Ventures Inc. is a gold exploration and development company which holds 2 gold exploration permits in Western Mali (SMSZ Project and Djimbala) and its Rutare gold project in central Rwanda. In Mali, Desert Gold's SMSZ property hosts Measured and Indicated Mineral Resources of 8.47 million tonnes grading 1.14 g/t gold totaling 310,300 ounces and Inferred Mineral Resources of 20.7 million tonnes grading 1.16 g/t gold totaling 769,200 ounces. For further information please visit www.SEDAR.com under the company's profile. Website: www.desertgold.ca.This news release contains forward-looking statements. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of ...