- Common shares of NEO Battery (NBM) are now eligible for electronic clearing and settlement through the DTC
- The Depository Trust Company (DTC) manages the electronic clearing and settlement of publicly traded companies in the United States
- DTC eligibility simplifies the process of trading and transferring the company’s common shares between brokerages in the United States
- NEO Battery Materials Ltd. is a Canadian-based resource company focused on battery metals and materials
- NEO Battery Materials Ltd. (NBM) opened trading at C$0.83 per share
Common shares of NEO Battery (NBM) are now eligible for electronic clearing and settlement through the DTC.
The Depository Trust Company (DTC) manages the electronic clearing and settlement of publicly-traded companies in the United States.
Through an electronic method of clearing securities, DTC eligibility simplifies the process of trading and transferring the company’s common shares between brokerages in the United States.
Mr. Spencer Huh, President and CEO of NEO commented,
“Along with listing on the OTCQB, NEO has secured its DTC eligibility. As the lithium-ion battery supply chain is growing in importance and priority in the U.S., the Company will be actively increasing its presence and bolstering its awareness in the larger capital market.”
DTC eligibility simplifies the process of trading and enhances the liquidity of the company’s common shares in the United States.
NEO Battery Materials Ltd. is a Canadian-based company focused on battery metals and materials.
NEO Battery Materials Ltd. (NBM) opened trading at C$0.83 per share.