Business
Eureka Lithium DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2023) - Eureka Lithium Corp. (CSE: ERKA) (OTCQB: SCMCF) (FSE: S580) ("Eureka Lithium" or "Eureka" o
About this update from Eureka Metals Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 22, 2023) - Eureka Lithium Corp. (CSE: ERKA) (OTCQB: SCMCF) (FSE: S580) (\"Eureka Lithium\" or \"Eureka\" or the \"Company\"), announces that its common shares are eligible for electronic clearing and settlement in the United States through the Depository Trust Company (\"DTC\"). DTC eligibility is expected to simplify the process of trading and enhance liquidity of Eureka Lithium Corp's shares in the United States. The Company's shares recently began trading on the OTCQB under the symbol \"SCMCF\". The 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\". 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. \"I am pleased to announce that Eureka's common shares are DTC eligible, which will make the trading of Eureka's shares easier, faster and cheaper for a wider array of investors,\" commented Jeff Wilson, CEO of Eureka Lithium Corp. \"DTC eligibility enables US based investors to electronically buy, sell, withdraw and deposit at any legacy or online discount brokerages in North America. The Company also announces a renewal agreement with MIC Market Information & Content Publishing GmbH (\"MIC\") (Address: Gerhart-Hauptmann-St. 49b 51379 Leverkusen; email: [email protected]; phone: +49 2171-7766628) for marketing services which will continue to October 30th, 2023 or until budget exhaustion. MIC will utilize their online programs with the aim of increasing investor awareness and interest in the company through various online platforms and methods of engagement in consideration of EUR 150,000. The marketing activity will occur by email, Facebook, and Google. MIC does not have any prior relationship with the Company other than previous marketing engagements and will not receive any shares of the Company as compensation. About Eureka Lithium Corp. Eureka Lithium is the largest lithium-focused landowne...