- Common shares of Element 29 Resources (ECU) are now eligible for electronic clearing and settlement through the DTC
- DTC eligibility allows the company’s existing U.S. investors to benefit from electronic clearing and settlement of its shares within the United States
- Element 29 Resources is an emerging copper exploration and development company focused on advancing its portfolio of projects in Peru
- Shares in Element 29 Resources Inc. (ECU) opened trading at C$0.55 per share
Common shares of Element 29 Resources (ECU) are now eligible for electronic clearing and settlement through the Depository Trust Company.
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.
Richard Osmond, Chairman, and Interim CEO commented on the news.
“Receiving DTC eligibility is an important milestone to facilitate trading of our common shares for US investors and brokerage firms. This should allow for faster execution, augmented share trading liquidity, and help broaden our investor base.”
Element 29 Resources is an emerging copper exploration and development company focused on advancing its portfolio of projects in Peru.
Shares in Element 29 Resources Inc. (ECU) opened trading at C$0.55 per share.