Business
Dryden Gold Corp. Commences Trading on the OTCQB Marketplace in the United States
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - Dryden Gold Corp. (TSXV: DRY) (OT...
About this update from Dryden Gold Corp
[{"type":"text","content":"Dryden Gold Corp. Commences Trading on the OTCQB Marketplace in the United StatesVancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (\"Dryden Gold\" or the \"Company\") is pleased to announce that is has qualified for trading on the OTCQB Marketplace (the \"OTCQB\") in the United States operated by the OTC Markets Group Inc. The Company's common shares commenced trading today on the OTCQB under the symbol 'DRYGF'. The Company's shares have also been approved for DTC eligibility in the US. Dryden's common shares will continue to trade on the TSX Venture Exchange under the symbol \"DRY\". DTC eligibility and method of clearing securities streamlines the process of trading, enabling the stock to be traded over a much wider selection of brokerage firms throughout the OTC Capital Markets in the US by coming into compliance with their requirements.\"We are excited to expand our listing and trading to the US markets. The US markets will provide additional liquidity and let us reach a larger shareholder base. We will now focus additional marketing efforts to US investors including conferences, road shows and analyst coverage,\" commented Trey Wasser, Dryden Gold's CEO. MARKET MAKING SERVICESFurther to its news release of April 22, 2024, the Company has engaged the services of Insight Capital Partners Inc. (\"Insight\") of Toronto, Ontario and it's market making service provider, ICP Securities Inc. (\"ICP\") (the \"Engagements\") effective April 19, 2024.Pursuant to an agreement (the \"Consulting Agreement\") between the Company and Insight, Insight will provide capital markets consulting services, including providing the Company with advice and information regarding trading activity, for a term of 24 months, provided that after a period of four (4) months either party may terminate the Consulting Agreement on 30 day's notice.In addition, pursuant to an agreement (the \"Market Making Agreement\") between the Company and ICP, the Company has engaged ICP to provide market making services. As previously announced, ICP will provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and applicable securities laws. The Market Making Agreement is for an initial ...