Bullboard - Stock Discussion Forum Arctic Star Exploration Corp V.ADD

Alternate Symbol(s): ASDZF

Metals & Mining Industrial Metals & Minerals

Arctic Star Exploration Corp. is a natural resource company. The Company is a diamond explorer engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project and Timantti Diamond Project. Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north... see more

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TSXV:ADD - Post Discussion

Arctic Star Exploration Corp > No US Trades Allowed

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Post by Argentum on May 21, 2021 2:14pm

No US Trades Allowed

I tried three times today to purchase Arctic Star stock (ASDZF) and all the trades were rejected.

Schwab-TDA said that the US DTCC (Depository Trust and Clearing Corporation) has stopped all purchases until it can be assured that the stock it holds in street form is "freely transferable"

QUOTE "When a stock is under DTC Chill only closing transactions are accepted for the security. This decision has an industry wide effect"

I have no other news at this time. anyone else know what is happening?

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Comment by PhillyJack1 on May 21, 2021 2:17pm

I have gotten the same message the past two weeks when I have tried to buy shares through TD Ameritrade. The submitted trade is rejected.

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Comment by Bradwait on May 21, 2021 2:20pm

Maybe they want the 40 million 5 cent shares (from the latest pp) to become free trading first?

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Comment by Bradwait on May 21, 2021 2:22pm

Plus there will be another 40 million 10 cent warrants instantly in the money too.

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Comment by shadim2 on May 21, 2021 2:28pm

when they will be free to trade?

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Comment by Goldy63 on May 21, 2021 2:35pm

When us Canuks make a fortune on Dia and ADD grin . Sorry yah kinda sucks as your money is good here but it is what it is. TGIF.Cheers .

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Comment by Bradwait on May 21, 2021 2:39pm

There is a four month hold and not sure if it closed in March or April so will free trade in July or August. Plus there was an 8million pp of 10 cent shares done after which should free trade in August. So plenty of time to deliver the news to take it much higher and make it a keeper instead of a seller.

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