Collective Metals Announces DTC Eligibility of its Common Shares on the OTC Markets
VANCOUVER, British Columbia , Nov. 07, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”).
- VANCOUVER, British Columbia , Nov. 07, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”).
- DTC Eligibility is expected to simplify the process of trading and enhance liquidity of Collective’s shares in the United States.
- The DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies.
- Securities that are eligible to be electronically cleared and settled through DTC are "DTC eligible".