Southern Sun Minerals Inc. Cleared for US Trading and DTC Eligble on US Markets
![Southern Sun Minerals Inc. Cleared for US Trading and DTC Eligble on US Markets](https://www.minenportal.de/media/goldseiten-news.jpg)
The Company also reports that the Underwriting Department at the Depository Trust Company has confirmed that Southern Sun is now "DTC" full service eligible, allowing for electronic trading. 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." In the US Southern Sun is quoted as SSMLF with CUSIP No. 84400A107.
The ability to have the Company’s shares electronically transferred between brokerages in the United States is significantly more convenient and reduces the costs incurred in trading shares.
When shares are able to trade electronically, existing investors benefit from greater liquidity and execution speeds, while opening the door to new investors that may have been previously been restricted from the Company’s shares.
On Behalf of the Board of Directors
Harry Barr
Chairman & CEO
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.
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