TORONTO, ON / ACCESSWIRE / April 19, 2021 / Gratomic Inc. ("GRAT," "Gratomic" or the "Company") (TSXV:GRAT)(OTCQX:CBULF)(FSE:CB82) is pleased to announce that it has secured DTC eligibility on the common shares of the Company, CUSIP 38900X 207 (ISIN CA38900X2077), which are now DTC eligible to facilitate trading, settlement and clearance in the US.
DTC (Depository Trust Company) eligibility allows for trades to be cleared and settled electronically, accelerating the settlement process for investors and brokers and increasing market accessibility for both institutional and retail investors. This can have a positive impact on a stock's liquidity by creating a more desirable turn-around time on clearing of transactions.
"This is a significant achievement and another piece of the puzzle locked solidly in place and bringing value to stakeholders," said Arno Brand, President and CEO.