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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: V.VSR

Vanstar Mining’s Nelligan gold project joint venture with IAMGOLD (25% VSR/75% IMG), located 60 kilometres SW of Chibougamau, Quebec. Vanstar retains 25% undivided non-contributory carried interest until commercial production. Nelligan is one of Quebec’s largest gold projects containing approximately 5.6 Moz of gold. Vanstar has signed an LOI with IAMGOLD to acquire a 75% interest in their Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Post by thisisriskystufon Aug 31, 2021 9:34am
145 Views
Post# 33787171

Vanstar Obtains DTC Eligibility in the US

Vanstar Obtains DTC Eligibility in the USMontreal, Quebec--(Newsfile Corp. - August 31, 2021) - Vanstar Mining Resources Inc. (TSXV: VSR) ("Vanstar", or the "Company") is pleased to confirm 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 trade on the OTCQX under the ticker symbol VMNGF.

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". DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares in the United States.

J.C. St-Amour, President and CEO, stated, "DTC eligibility will simplify trading of our common shares in the United States. 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 our common shares."

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