- Common shares of Queensland Gold Hills (OZAU) are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the U.S.
- DTC eligibility reduces costs and accelerates the settlement process, allowing a company’s common shares to be traded over a wider selection of brokerage firms
- Queensland Gold Hills is focused on gold exploration in the historic goldfields of Queensland, Australia
- Queensland Gold Hills Corp. (OZAU) opened trading at C$0.135 per share
Common shares of Queensland Gold Hills (OZAU) are 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 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.
Queensland Gold Hills CEO, Blair Way welcomed the news.
“Today’s news is an important milestone towards broadening our market presence across the United States. DTC eligibility provides current and prospective shareholders of Queensland Gold Hills Corp. a reliable, cost-efficient, and timely method for the clearing and settlement of our common shares, and positions US investors to participate in our company’s exciting growth.”
Queensland Gold Hills is focused on gold exploration in the historic goldfields of Queensland, Australia.
Queensland Gold Hills Corp. (OZAU) opened trading at C$0.135 per share.
