gem stock

Green Battery Minerals Announces DTC Eligibility

(TheNewswire)



Green, Clean, Reduce, Reuse, Recharge!

Green Battery Minerals Inc. ( TSXV:GEM ) ( FSE:BK2P ) ( WKN:A2QENP ) ( OTC:GBMIF ) ("Green Battery" or the "Company") is pleased to announce that its US-based OTC QB Markets listing under the ticker symbol " GBMIF " has received approval from the Depository Trust Company (" DTC ") and is now eligible for electronic clearing and settlement through DTC in the United States.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly-traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be DTC eligible. DTC eligibility is required to create a seamless electronic trading process and thereby enhance the liquidity of the Company's shares. The Company's U.S. listing will trade under the symbol "GBMIF" while the Company's primary Canadian listing will continue to trade on the Canadian Stock Exchange under the symbol "GEM".

DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares in the United States. With the Company's shares now traded electronically, existing investors benefit from potentially greater liquidity and execution speeds, and the Company has opened the door to new investors that may have been previously restricted from accessing the Company's securities.

Tom Yingling, President and CEO state s, " We are very excited to receive DTC eligibility as the Company is now accessible to all US investors and institutions. Having this electronic method of clearing securities will speed up the receipt of stock and cash and accelerate the settlement process.  US investors are hungry for critical battery element companies so having access to the US investors now exposes the Company to a significantly larger number of potential investors.  We believe this move will lead to greater liquidity, providing current and prospective US investors further opportunities to participate in Green Battery's growth."

Qualified Person: Mr. Dave Kelsch, P.Geo. is a Qualified Person ( "QP" ) as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About the Company: Green Battery Minerals is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team's most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 percent and the Company's shareholders should benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors

Green Battery Minerals lnc.

‘Thomas Yingling'

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
or 1-604-343-7740

info@greenbatteryminerals.com www.greenbatteryminerals.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither 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 .

Copyright (c) 2021 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Green Battery Minerals

Green Battery Minerals

Exploring Highly Prospective Graphite and Gold Assets in North America

Exploring Highly Prospective Graphite and Gold Assets in North America Keep Reading...
Rick Rule, mine site.

Rick Rule: Gold, Silver, Oil, Uranium — Price Triggers, My Strategy Now

Rick Rule, proprietor at Rule Investment Media, outlines key factors affecting the resource sector today, highlighting the impact of the Iran war. He also explains what he's doing with his money right now, saying his portfolio is currently underweight when it comes to sub-$250 million market cap... Keep Reading...
A stack of US hundred-dollar bills lies on top of more scattered banknotes.

Perpetua Resources Secures US$2.9 Billion Loan for Idaho Antimony Project

Perpetua Resources (TSX:PPTA,NASDAQ:PPTA) secured a US$2.9 billion loan from the US Export-Import Bank (EXIM) to fund construction of the Stibnite gold project in Idaho, the country’s only planned domestic source of antimony.The 13-year debt facility includes a US$2.4 billion upfront tranche,... Keep Reading...
New Break Announces Receipt of DTC Eligibility in the United States

New Break Announces Receipt of DTC Eligibility in the United States

New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) ("New Break" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). As a subsidiary of the Depository... Keep Reading...
Hand holding smartphone displaying Tether Gold with buy and sell options.

Tether's Gold Rush: Stablecoins Modernizing Precious Metals Investment

Gold is becoming more mainstream with the help of blockchain technology.With global instability on the rise, safe-haven assets such as gold have become increasingly attractive, while high-risk, high-reward cryptocurrencies such as Bitcoin are proving to be too volatile for investors with a low... Keep Reading...
Jordan Rusche, oil barrel and wheat.

Jordan Rusche: My Gold Stock Strategy, Plus Unloved Commodities to Watch

Jordan Rusche of Mining Stock Monkey shares his outlook for gold and how he's approaching gold stocks right now — in his view, it's key for investors to protect their downside. He also weighs in on recent M&A activity, including Equinox Gold's (TSX:EQX,NYSEAMERICAN:EQX) plan to acquire Orla... Keep Reading...

Interactive Chart

Latest Press Releases

Related News