Tactical Resources Corp. Announces DTC Eligibility for U.S. Trading
13.06.2022 | GlobeNewswire
VANCOUVER, June 13, 2022 -Tactical Resources Corp. (CSE: RARE) (OTC: USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company focused on the rare earth elements (REE) that drive the green technologies of the future, is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States. The Company’s common shares are quoted in the United States on the OTC Markets under the symbol “USREF.”DTC is a subsidiary of the Depository Trust & Clearing Corporation, a 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 “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.
In addition to trading in the United States on the OTC Markets, the Company’s common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol “RARE.”
Company CEO, Ranjeet Sundher notes, “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.”
On Behalf of The Board of Directors, Sincerely,
~Ranjeet Sundher~
Ranjeet Sundher, Chief Executive Officer & Director
Tactical Resources Corp.
www.tacticalresources.com
About Tactical Resources Corp. (CSE: RARE) (OTC: USREF)
Tactical Resources is a mineral exploration and development company focused on rare earth elements (REE) based in Vancouver, British Columbia, which holds interests on the Lac Ducharme property located in Quebec, the SAM property in Northern Saskatchewan, and the Peak Project in Texas. The Company is also actively involved in the development of innovative metallurgical processing techniques to further unlock REE development potential. Find out more at: www.tacticalresources.com and follow us on Twitter.
The CSE has neither approved nor disapproved the contents of this news release or accepts responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
Tactical Resources Corp.
Investor Relations
Email: investors@tacticalresources.com
Telephone: +1 (778) 588-5483
Matt Chatterton, Director
Tel: +1 (778) 613-2068
Email: info@tacticalresources.com
Media Inquiries
media@tacticalresources.com