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Graphano Energy (TSXV:GEL) begins trading on the OTCQB and announces DTC eligibility

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TSXV:GEL
19 January 2022 08:45 (EDT)

Common shares of Graphano Energy (GEL)  have begun trading on the OTCQB Venture Market under the symbol GELEF.

The company will continue to trade on the TSX Venture Exchange under the symbol GEL.

The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premier marketplace for early-stage and developing U.S. and international companies. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. 

The company has chosen to trade on the OTCQB to provide current and future U.S.-based investors with greater access, ease of trading, home country disclosure, and current financial disclosures. 

Common shares of Graphano Energy are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the U.S.

This electronic method of clearing securities speeds up the receipt of stock and cash and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a wider selection of brokerage firms.

Graphano Energy is an exploration and development company focused on acquiring and developing energy metals resources from exploration to production.

Graphano Energy Ltd. (GEL) opened trading at C$0.52 per share.

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