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ProStar Announces DTC Eligibility of its Common Shares
ProStar Announces DTC Eligibility of its Common Shares Canada NewsWire ...
About this update from Prostar Holdings Inc
[{"type":"text","content":"\n \n \n \n ProStar Announces DTC Eligibility of its Common Shares\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n GRAND JUNCTION, Colo.\n \n ,\n \n Aug. 4, 2021\n \n /CNW/ -- ProStar Holdings Inc. (\"ProStar®\" or the \"Company\") (TSXV: MAPS) (FSE 5D00), a world leader in Precision Mapping Solutions®, today announced that its common shares received approval from The Depository Trust Company (\"DTC\") of\n \n New York, NY\n \n and are now DTC eligible.\n \n \n \n \n \n \n \n \n \n DTC eligibility allows ProStar shares to be more easily and economically transferred between brokerage accounts electronically within\n \n the United States\n \n . DTC is the largest securities depository in the world, providing clearing and settlement efficiencies for brokers, as well as various other services.\n \n \n \n Page Tucker\n \n , CEO of ProStar, stated:\n \n \"Achieving DTC eligibility to simplify trading of ProStar shares makes us accessible to an even broader range of investors and is expected to assist with our goal of increasing the liquidity and convenience of trading our shares within\n \n the United States\n \n and other jurisdictions.\"\n \n \n \n \n About\n \n \n Depository Trust Company\n \n (\n \n DTC\n \n )\n \n \n Depository Trust Company (DTC) was founded in 1973 and is a New York corporation that performs the functions of a Central Securities Depository as part of the US National Market System. DTC 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.\" DTC annually settles transactions worth hundreds of trillions of dollars, processes hundreds of millions of book-entry deliveries, and custodies millions of securities issues worth tens of trillions of dollars issued in\n \n the United States\n \n and over 100 other countries. Since 1999 it has been a subsidiary of the Depository Trust & Clearing Corporation, a securities holding c...