13:05:05 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Stuhini Exploration Ltd
Symbol STU
Shares Issued 46,355,411
Close 2023-09-05 C$ 0.29
Market Cap C$ 13,443,069
Recent Sedar Documents

Stuhini lists on OTCQB, receives DTC eligibility

2023-09-06 12:31 ET - News Release

Mr. Dave O'Brien reports

STUHINI EXPLORATION ANNOUNCES OTCQB LISTING AND DTC ELIGIBILITY

Stuhini Exploration Ltd.'s common shares are now quoted for trading on the OTCQB Venture Market under the symbol STXPF. The company has also received Depository Trust Company (DTC) eligibility in the United States, thus allowing the company's stock to be more easily traded by and accessible to U.S. institutional and retail investors.

Dave O'Brien, president and chief executive officer, stated: "We have experienced strong U.S. investor interest over the past year, with several U.S.-based investors participating in our most-recent financing. Accordingly, we are pleased to have been quoted for trading on the OTCQB Venture Market and to have received DTC eligibility, both of which will aid in our goal of increased visibility and share liquidity for both existing and new U.S.-based shareholders."

The OTCQB Venture Market allows early-stage and developing companies the benefit of being publicly traded in the United States. Eligible companies must be current in their financial reporting, pass a minimum bid test and undergo an annual verification and management certification process.

DTC is a subsidiary of Depository Trust & Clearing Corp., a U.S.-based 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 DTC eligible.

The company has also recently joined the International Molybdenum Association (IMOA), and chairman Tony Fogarassy is presently attending and representing Stuhini at the 2023 IMOA annual general meeting being held in Santiago, Chile. The IMOA is a non-profit trade association representing the molybdenum industry.

About Stuhini Exploration Ltd.

Stuhini is a mineral exploration company focused on the exploration and development of precious metals and base metals properties in Western Canada and southwestern United States. The company's exploration properties include: its flagship Ruby Creek project, located approximately 14 kilometres east of Atlin, B.C.; the Que project, located approximately 70 km north of Johnson's Crossing in Yukon; the South Thompson project, located approximately 35 km northwest of Grand Rapids, Man.; the Big Ledge property, located approximately 57 km south of Revelstoke, B.C.; and a portfolio of properties in southeast Arizona.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.