Business
Kalo Gold Announces DTC Eligibility of Its Common Shares in The United States
VANCOUVER, BC / ACCESSWIRE / July 5, 2021 / KALO GOLD HOLDINGS CORP. (TSXV:KALO) (" Kalo," "...
About this update from Kalo Gold Corp
[{"type":"text","content":"Kalo Gold Announces DTC Eligibility of Its Common Shares in The United StatesVANCOUVER, BC / ACCESSWIRE / July 5, 2021 / KALO GOLD HOLDINGS CORP. (TSXV:KALO) (\"Kalo,\" \"Kalo Gold,\" or the \"Company\"), is pleased to announce the Company's common shares, traded in the United States under the symbol KLGDF, are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company (\"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. Trading of securities through DTC allows for cost-effective clearing and secure settlement, thereby simplifying and accelerating the settlement process for investors trading Canadian securities in the United States.\"We are very pleased to have our common shares trading in the U.S., and to have received the related DTC approval. DTC eligibility will expand our exposure to a larger portion of the investment community, enhance trading efficiency of our shares, lower transaction costs, and provide additional value to our current and prospective shareholders. These initiatives will greatly simplify the process of trading our common shares in the United States,\" said Chief Executive Officer of Kalo Gold, Fred Tejada.About Kalo GoldKalo Gold is a mineral exploration company focused on the Vatu Aurum gold project on Fiji's north island, Vanua Levu. Kalo holds two mineral exploration licenses covering over 36,700 hectares of land and on trend with many of the largest gold deposits in the world in the Southwest Pacific Ring of Fire.On behalf of Kalo GoldFred TejadaChief Executive Officer and DirectorFor more information contact, please contact Kevin Ma, President and Director, at [email protected] or +1-604-363-0411.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.Forward Looking Statements DisclaimerCertain statements in this release are forward-looking statements, which are statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include statements relating ...