- NevGold (NAU) has begun trading on the OTCQB Venture Market and has received DTC eligibility in the United States
- Listing on the OTCQB enables U.S. shareholders to participate in trading NevGold shares
- DTC eligibility offers a more efficient, lower-cost settlement process for investors and brokers
- NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and British Columbia
- Nevgold Corp. (NAU) opened trading at C$0.48 per share
NevGold (NAU) has begun trading on the OTCQB Venture Market and has received DTC eligibility in the United States.
NevGold CEO, Brandon Bonifacio commented on the listing.
“Listing on the OTCQB enables our U.S. and European shareholders to more effectively participate in trading NevGold shares and will increase liquidity in multiple jurisdictions. With our Limousine Butte and Cedar Wash gold projects in Nevada, we expect to attract U.S.-based retail and institutional investors who are interested in exposure to gold resource development and exploration within the United States. We are aggressively pushing forward with our first active drilling campaign of 10,000 meters at Limousine Butte, which is expected to start in the coming weeks, and we are advancing Cedar Wash to start drilling the project before the end of 2021.
We look forward to growing our global investor base through our listings in Canada, U.S., and Germany as we proceed into a highly active period for the company.”
The DTC facilitates electronic settlement of stock certificate transfers in the United States. The shares of the company, trading under the symbol NAUFF in the United States, are now eligible to be electronically cleared and settled through the DTC. This electronic method of clearing securities offers a more efficient, lower-cost settlement process for investors and brokers.
The OTCQB is the premier marketplace for entrepreneurial and development stage U.S. and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process.
NevGold is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and British Columbia. NevGold owns a 100 per cent interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Ptarmigan silver-polymetallic project in Southeast BC.
Nevgold Corp. (NAU) opened trading at C$0.48 per share.
