Common shares of Azincourt Energy (AAZ) are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC).
DTC is a subsidiary of the Depository Trust & Clearing Corp. (DTCC) that manages the electronic clearing and settlement of publicly-traded companies in the United States.
Azincourt’s common shares are now fully DTC eligible and will continue to trade under the ticker symbol AZURF on the OTC Markets. DTC eligibility simplifies the process of trading and transferring the company’s common shares between brokerages in the United States.
Alex Klenman, President and CEO commented on the news.
“With our OTCQB upgrade and now DTC eligibility, Azincourt shares are fully tradeable in the US. As the uranium sector continues to pick up momentum and become more visible to investors, gaining full accessibility was an important goal of ours. We’re eager to broaden our audience in the US and now we’re in a strong position to do so.”
Azincourt Energy is a Canadian-based resource company specializing in the acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements.
Azincourt Energy Corp. (AAZ) is up 11.76 per cent, trading at C$0.095 per share at 2:30 pm ET.