- Common shares of Brascan Gold (BRAS) have commenced trading on the OTCQB
- The company’s common shares are also now eligible for electronic clearing and settlement through the DTC in the U.S.
- DTC eligibility reduces costs and accelerates the settlement process for investors and brokers and opens the door to new investors
- Brascan Gold is a Vancouver-based gold exploration company
- Brascan Gold Inc. (BRAS) is down 9.09 per cent on the day, trading at C$0.10 per share at 1 pm ET
Common shares of Brascan Gold (BRAS) have commenced trading on the OTCQB under the symbol BRCGF.
Shares of Brascan will continue to trade on the Canadian Securities Exchange under the symbol BRAS.
The company is also pleased to announce that the shares have been approved for eligibility for book-entry and depository services through the DTC in the U.S.
DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing its common shares to be traded over a wider selection of brokerage firms.
Existing investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States.
Balbir Johal, CEO of Brascan Gold commented on the news.
“Listing on the OTC and obtaining DTC allows Americans to trade Brascan (OTC:BRCGF) in the United States. The company is in talks with reputable market awareness groups that can market Brascan to American investors.”
Brascan Gold is a Vancouver-based gold exploration company engaged in the exploration and development of mineral resources.
Brascan Gold Inc. (BRAS) is down 9.09 per cent on the day, trading at C$0.10 per share at 1 pm ET.
