(TheNewswire)
Vancouver, BC / TheNewswire / April 10, 2018 – Copper Creek Gold Corp. (the "Company") (TSX‐V: CPV; OTCQB:CKVLF) is pleased to announce that it has secured DTC eligibility by The Depository Trust Company for its shares traded on the OTCQB "CKVLF" effective April 9, 2018.
The DTC is a subsidiary of the Depository Trust & Clearing Corporation ("DTCC") and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.
Being DTC eligible is expected to greatly simplify the process of trading and exchange the Company’s common stock on the OTC marketplace in the United States.
“We are pleased to have obtained DTC eligibility," said Tim Fernback, Director. "DTC eligibility simplifies the process of trading and transferring Copper Creek’s shares between brokerages in the United States and reduces the costs incurred in trading shares. With our shares now DTC eligible, we expect this to lead to greater liquidity and execution speeds, as well as our shares being accessible to an even broader range of investors."
The Company also announces it has been approved and its common shares have been upgraded to the OTCQB® Venture Market under the trading symbol “CKVLF
The OTCQB Venture Market, operated by OTC Markets Group Inc., offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for FTE Networks at http://www.otcmarkets.com/stock/CKVLF/quote.
About Copper Creek Gold Corp - The Company is a Canadian-based mineral exploration company which has been active in the resource sector in British Columbia and elsewhere in Western Canada. The Company has recently opened up an exploration office in Santiago, Chile to review mineral exploration opportunities in Chile and elsewhere in South America.
On Behalf of the Board of Directors
“Tim Fernback”
Tim Fernback
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward‐looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward‐looking. Forward‐looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward‐looking statements.
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