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Riley Gold (TSXV:RLYG) receives DTC eligibility

Mining
TSXV:RLYG
15 April 2021 08:45 (EDT)

Common shares of Riley Gold Corp. (RLYG) 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.

Todd Hilditch, Riley Gold’s CEO commented,

“We are pleased to have received DTC eligibility to facilitate the trading of our common shares for U.S. investors and brokerage firms. This will allow for faster execution and improved liquidity, which will help broaden our investors base.”

Riley Gold is a mining exploration and development company focused in Nevada, USA.

The company’s primary focus is on its two cornerstone assets: the Tokop Gold Project located within the Walker Lane Trend and the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend.

Riley Gold Corp. (RLYG) opened trading at C$0.33 per share.

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