Business
Green Battery Minerals Announces DTC Eligibility
(TheNewswire) Green, Clean, Reduce, Reuse, Recharge! September ...
About this update from First Canadian Graphite Inc.
[{"type":"text","content":"Green Battery Minerals Announces DTC Eligibility\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Green, Clean, Reduce,\nReuse, Recharge!\n \n \n \n \n \n September 29th, 2021 -\n \n \n \n \n TheNewswire -\n \n \n \n \n VANCOUVER, B.C. - Green Battery Minerals Inc.\n(\n \n \n \n \n \n \n TSXV:GEM\n \n \n \n \n ) (\n \n \n \n \n FSE:BK2P\n \n \n \n \n ) (\n \n \n \n \n WKN:A2QENP\n \n \n \n \n ) (\n \n \n \n \n OTC:GBMIF\n \n \n \n \n ) (“Green Battery” or the\n“Company”)\n \n \n \n is pleased to announce\nthat its US-based OTC\n \n \n QB\n \n \n Markets listing under the ticker symbol \"\n \n \n GBMIF\n \n \n \" has received approval from\nthe Depository Trust Company (\"\n \n \n DTC\n \n \n \") and is now\n \n \n eligible for electronic clearing and settlement\nthrough DTC in the United States.\n \n \n \n \n DTC is a subsidiary of the Depository Trust &\nClearing Corporation, a U.S. company that manages the electronic\nclearing and settlement of publicly-traded companies. Securities that\nare eligible to be electronically cleared and settled through DTC are\nconsidered to be DTC eligible. DTC eligibility is required to create a\nseamless electronic trading process and thereby enhance the liquidity\nof the Company's shares.\n \n \n The Company's U.S.\nlisting will trade under the symbol \"GBMIF\" while the\nCompany's primary Canadian listing will continue to trade on the\nCanadian Stock Exchange under the symbol \"GEM\".\n \n \n \n \n DTC eligibility is expected to simplify the process of\ntrading and enhance liquidity of the Company's common shares in the\nUnited States. With the Company's shares now traded electronically,\nexisting investors benefit from potentially greater liquidity and\nexecution speeds, and the Company has opened the door to new investors\nthat may have been previously restricted from accessing the Company's\nsecurities.\n \n \n \n \n Tom Yingling, President and CEO\nstate\n \n \n s,\n \n \n \"\n \n \n We are very excited to receive DTC\neligibility as the Company is now accessible to all US investors and\ninstitutions. Having this electronic method of clearing securities\nwill speed up the receipt of stock and cash and accelerate the\nsettlement process.  US investors are hungry for critical battery\nelement companies so having access to the US investors now expose...