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STRATEGIC MINERALS ANNOUNCES LISTING ON OTC MARKETS AND DTC ELIGIBILITY
STRATEGIC MINERALS ANNOUNCES LISTING ON OTC MARKETS AND DTC ELIGIBILITY.
About this update from Strategic Minerals Europe Corp.
[{"type":"text","content":"\n\n\n\nSTRATEGIC MINERALS ANNOUNCES LISTING ON OTC MARKETS AND DTC ELIGIBILITY\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\nSTRATEGIC MINERALS ANNOUNCES LISTING ON OTC MARKETS AND DTC ELIGIBILITY\nCanada NewsWire\nTORONTO, July 25, 2022\n\n\n\nTORONTO, July 25, 2022 /CNW/ - Strategic Minerals Europe Corp. (NEO: SNTA) (FRA: 26K0) (OTCQB: SNTAF) (\"Strategic Minerals\" or the \"Company\"), a company focused on the production, development, and exploration of cassiterite concentrate, tantalite, and columbite concentrate, today announces its common shares have commenced trading on the OTCQB marketplace under the symbol \"SNTAF.\"  The Company's common shares will continue to trade on the NEO Exchange under the symbol SNTA and the Frankfurt Stock Exchange under the symbol 26K0.\nThe Company expects that the listing on the OTCQB will provide greater visibility and convenience of trading for U.S. investors, resulting in enhanced liquidity and greater reach. The Company's common shares are also eligible for electronic clearing and settlement in the United States through the Depository Trust Company (\"DTC\"). This electronic method of clearing securities speeds up the receipt of stock and cash. It thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a more comprehensive selection of brokerage firms by coming into compliance with their requirements.\n\"With this listing, U.S. investors will have the same ease of access as Canadian and European investors through our NEO and Frankfurt listings,\" said Jaime Perez Branger, CEO of Strategic Minerals. \"We are focused on producing minerals that will drive the new economy in a conflict-free, mining-friendly jurisdiction, and look forward to sharing our story with a broader investor group.\"\nStrategic Minerals operates the Penouta mine project in the province of Ourense in Spain. In 2022, the Company commissioned a new primary crushing plant at the facility and commenced open pit mining. A NI 43-101 report published in March 2021 by SRK stated that the Penouta project had ...