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American Copper (CSE:ACDX) broadens its reach with DTC eligibility

Market News, Mining
CSE:ACDX
20 March 2023 09:30 (EDT)

Source: American Copper Development Corp.

Common shares of American Copper Development (ACDX) are eligible for electronic clearing and settlement in the U.S. through the Depository Trust Company (DTC).

DTC eligibility simplifies the process of trading and can enhance liquidity of ACDX’s shares in the U.S. The company’s shares began trading on the OTCQB Venture Market under the ticker symbol ACDXF in February 2023.

This electronic method of clearing securities speeds up the receipt of stock and cash, and can accelerate the settlement process for investors and brokers, allowing the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

The company’s shares will continue to trade on the Canadian Securities Exchange under the symbol ACDX.

American Copper Development Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets.

American Copper Development Corp. (ACDX) opened trading at $0.245 per share.

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