"dtc"

Kenorland Minerals Obtains DTC Eligibility in the US

Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) (" Kenorland " or " the Company ") today announced that its common shares received approval from The Depository Trust Company (" DTC ") of New York, NY and are now DTC eligible.

DTC eligibility allows the Company's shares to be more easily and economically transferred between brokerage accounts electronically within the United States . DTC is the largest securities depository in the world, providing clearing and settlement efficiencies for brokers, as well as various other services.

With DTC eligibility, existing investors benefit from potentially greater liquidity and execution speeds. This also opens the door to new investors that may have been previously restricted from the Company's common shares and simplifies the process of trading the common shares in the United States .

About Depository Trust Company (DTC)

Depository Trust Company (DTC) was founded in 1973 and is a New York corporation that performs the functions of a Central Securities Depository as part of the US National Market System. DTC 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 annually settles transactions worth hundreds of trillions of dollars, processes hundreds of millions of book-entry deliveries, and custodies millions of securities issues worth tens of trillions of dollars issued in the United States and over 100 other countries. Since 1999 it has been a subsidiary of the Depository Trust & Clearing Corporation, a securities holding company.

About Kenorland Minerals

Kenorland Minerals Ltd. (TSX.V KLD) is a mineral exploration Company incorporated under the laws of the Province of British Columbia and based in Vancouver, British Columbia , Canada. Kenorland's focus is early to advanced stage exploration in North America.  The Company currently holds three projects in Quebec where work is being completed under joint venture and earn-in agreement from third parties. The Frotet Project is held under joint venture with Sumitomo Metal Mining Canada Ltd. (SMMCL), the Chicobi Project is optioned to SMMCL, and the Chebistuan Project is optioned to Newmont Corporation. The Company also owns 100% of the advanced stage Tanacross porphyry Cu-Au project as well as an option to earn up to 70% from Newmont Corporation on the Healy Project, both located in Alaska, USA .

Further information can be found on the Company's website www.kenorlandminerals.com

Kenorland Minerals Ltd.
Zach Flood
President and CEO
Tel: +1 604 363 1779
zach@kenorlandminerals.com

Kenorland Minerals Ltd.
Francis MacDonald
Executive Vice President
Tel: +1 778 322 8705
francis@kenorlandminerals.com

Cautionary Statement Regarding Forward Looking Statements

This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects', "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/kenorland-minerals-obtains-dtc-eligibility-in-the-us-301384471.html

SOURCE Kenorland Minerals Ltd.

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Kenorland Minerals

Kenorland Minerals

Large-scale Exploration, Significant Discovery Potential in Quebec and Alaska

Large-scale Exploration, Significant Discovery Potential in Quebec and Alaska Keep Reading...
Keep reading...Show less
Closeup of detailed map highlighting Finland in pink, surrounded by Sweden, Norway and Estonia in different colors.

Agnico Eagle Plans Three Way Consolidation to Forge Massive Finnish Gold Hub

Agnico Eagle Mines (TSX:AEM,NYSE:AEM) is rolling up Northern Finland’s gold belt in a sweep of three deals, simultaneously acquiring Rupert Resources (TSXV:RUP,OTCQX:RUPRF), Aurion Resources (TSXV:AU,OTCQX:AIRRF) and a B2Gold (TSX:BTO,NYSEAMERICAN:BTG) joint venture stake.The interconnected... Keep Reading...
Gold bar stands over a background of green and silver circuit boards.

Has Gold Production Peaked?

Gold has soared in recent years, climbing from around US$1,300 per ounce in 2016 to over US$5,500 in 2026.Its impressive price rise is due to a wide variety factors, including central banks adding to their reserves because of gold's appeal as a monetary asset, and retail investors seeking its... Keep Reading...

Interactive Chart

Latest Press Releases

Related News