Total
0
Shares

Subscribe

Be the first with the news that moves the market
  • TRU Precious Metals has resumed trading on the OTCQB Venture Market in the United States
  • The company's stock is trading under the symbol "TRUIF" on the exchange
  • Its common shares are also now eligible for electronic clearing and settlement through The Depository Trust Company (DTC) in the U.S.
  • This comes after the company finalized filing a Change of Business regarding the Company with the TSX Venture Exchange
  • TRU Precious Metals is down 5.13 per cent, trading at C$0.37 at 11:34 am ET

TRU Precious Metals has resumed trading on the OTCQB Venture Market in the United States.

The company's stock is trading under the symbol "TRUIF" on the OTCQB.

The New Brunswick-based mineral exploration company's common shares are also now eligible for electronic clearing and settlement through The Depository Trust Company (DTC) in the United States.

DTC is a subsidiary of The Depository Trust & Clearing Corporation, based in the United States, that manages the electronic clearing and settlement of publicly traded companies.

The electronic method of clearing securities streamlines the process of trading, enhances liquidity, and provides direct access to investors and brokers throughout the OTC Capital Markets.

This comes as the company finalized filing a Change of Business regarding the Company with the TSX Venture Exchange.

"I am pleased that TRU has resumed trading on the OTCQB Venture following the pause we underwent as we completed our Change of Business to a mining issuer. The OTCQB Venture provides TRU with access to an efficient and transparent trading platform within the United States market. I am also equally pleased that our common shares are now DTC eligible, as it represents an important additional step forward in increasing liquidity, broadening our shareholder base, and building a strong presence for our company within the US capital markets sphere," said TRU Co-Founder and CEO Joel Freudman.

TRU has a portfolio of five gold exploration properties in the highly prospective Central Newfoundland Gold Belt.

TRU Precious Metals is down 5.13 per cent, trading at C$0.37 at 11:34 am ET.

More From The Market Herald

" NEO Battery (TSXV:NBM) starts a pilot plant project

NEO (NBM) has launched a pilot plant project that will test NEO’s single-step silicon (Si) nanocoating process for metallurgical-grade silicon.

" Palladium One (TSXV:PDM) intersects massive sulphide mineralization at Tyko Nickel-Copper Project

Palladium One (PDM) has released the final results from its Phase II drill program at the Tyko Nickel-Copper Project.

" Blue Star Gold (TSXV:BAU) prepares for drilling program at its Ulu and Hood River projects

Precision GeoSurveys Inc. has commenced the first stage of Blue Star’s (BAU) 2021 exploration program.

" Ethos Gold (TSXV:ECC) engages GoldSpot Discoveries

Ethos Gold (ECC) has engaged GoldSpot Discoveries (SPOT) to evaluate its Toogood Project in Newfoundland.