OTCPK:NNRI - Post by User
Post by
AveragePennyon Feb 08, 2023 11:25am
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Post# 35274507
NNRF Announces it has Filed for DTC Eligibility
NNRF Announces it has Filed for DTC Eligibility RENO, NV,February 7, 2023. NNRF Inc.(OTC Pink: NNRI) ("NNRF" or the "Company")is pleased to that today they have filed for NNRF common shares to be eligible for electronic clearing and settlement inthe United Statesthrough the Depository Trust Company ("DTC"). DTC eligibility is expected to simplify the process of trading and enhance liquidity ofNNRFshares inthe United States.
The 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". 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.
https://www.otcmarkets.com/stock/NNRI/news?id=389119