- Common shares of Tactical Resources (RARE) are now eligible for electronic clearing and settlement through DTC in the United States
- DTC eligibility reduces costs and accelerates the settlement process for investors and brokers and opens the door to new investors
- Tactical Resources Corp. is a mineral exploration company
- Tactical Resources Corp. (RARE) opened trading at C$0.84
Common shares of Tactical Resources (RARE) are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States.
DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing its common shares to be traded over a wider selection of brokerage firms.
Existing investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States. The company’s shares are quoted in the United States on the OTC Markets under the symbol USREF. The company’s common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol RARE.
Company CEO, Ranjeet Sundher commented on the news.
“Today’s news is an important milestone towards extending our market presence by delivering a more efficient method for the clearing and settlement of our common shares for U.S. investors.”
Tactical Resources Corp. is engaged in the development of the SAM Property located in Saskatchewan, and the Lac Ducharme Property located in Québec.
Tactical Resources Corp. (RARE) opened trading at C$0.84.