- Common shares of Sanu Gold Corporation (SANU) have become eligible for electronic clearing and settlement
- The shares of the company will qualify for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States
- The company believes that this and its previously-announced trading on the OTCQB market in the US will assist in increasing its visibility to investors in the US
- Sanu Gold Corp. is a mineral exploration company operating three high-quality gold exploration permits in Guinea
- Sanu Gold Corp. was unchanged at $0.28 at 09:56 ET
Common shares of Sanu Gold Corporation (SANU) have become eligible for electronic clearing and settlement.
The shares of the company will qualify for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States.
The company believes that the receipt of DTC eligibility, combined with its previously-announced trading on the OTCQB market in the United States, will assist in increasing its visibility to investors in the United States.
This has the potential to help broaden the company’s investor base, with the goal of improving liquidity across multiple jurisdictions.
DTC is the world’s largest securities depository and facilitates the electronic settlement of stock certificate transfers in the United States.
The common shares of Sanu Gold, which trade under the symbol SNGCF on the OTCQB in the United States, are now eligible to be electronically cleared and settled through DTC and are therefore considered DTC-eligible.
Sanu Gold is located within the Siguiri Basin, host to several operating mines.
Sanu Gold Corp. is a mineral exploration company operating three high-quality gold exploration permits in Guinea, located within the Siguiri Basin, host to several operating mines.
The company has defined multi-kilometre scale gold-bearing structures on each of the gold exploration permits, with multiple high-value drill targets.
Sanu Gold Corp. was unchanged at $0.28 at 09:56 ET.