- Common shares of Consolidated Uranium (CUR) are now eligible for electronic clearing and settlement through the DTC
- DTC eligibility will make the company’s common shares accessible to a broader range of potential investors
- Consolidated Uranium Inc is an exploration company with uranium projects in Australia, Canada, Argentina and the US
- Consolidated Uranium Inc. (CUR) opened trading at C$2.92 per share
Common shares of Consolidated Uranium (CUR) are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the US.
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. The electronic method of clearing securities through the DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process for investors trading the company’s shares.
“DTC eligibility is an important step towards making the company’s common shares accessible to a broader range of potential investors,” said Philip Williams, CEO of Consolidated Uranium.
“Being DTC eligible will simplify the process for transferring the company’s shares between brokerages in the United States and will speed up the execution of trades, which should help to increase liquidity.”
Consolidated Uranium is an exploration company that has acquired or has the right to acquire uranium projects in Australia, Canada, Argentina and the United States.
Consolidated Uranium Inc. (CUR) opened trading at C$2.92 per share.