Bald Eagle Gold Corp. Announces Trading on the OTCQB Venture Market and DTC Eligibility of Its Common Shares in the United States
Bald Eagle Gold Corp. Announces Trading on
the OTCQB Venture Market and DTC Eligibility
of Its Common Shares in the United States
TORONTO
,
June 28, 2022
/CNW/ - Bald Eagle Gold Corp. ("
Bald Eagle
" or the "
Company
")
(
TSXV:BIG
) (OTCQB:BADEF), is pleased to announce that it has qualified for trading on the
OTCQB Venture Market (the "OTCQB") and its common shares are eligible for electronic clearing
and settlement through The Depository Trust Company ("DTC") in
the United States
. The Company's
common shares commenced trading today on the OTCQB under the symbol "BADEF". Bald Eagle's
common shares will continue to trade on the TSX Venture Exchange under the symbol "BIG".
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a
United States
company that
manages electronic clearing and settlement for publicly traded companies. Securities that are eligible
to be electronically cleared and settled through the DTC are considered to be "DTC eligible".
DTC eligibility is expected to simplify the process of trading and transferring the Common Shares
and to enhance the liquidity of the Common Shares in
the United States
because of the accelerated
settlement period and the expected reduction in costs for investors and brokers, enabling the
Company's common shares to be traded over a wider selection of brokerage firms.
"Listing Bald Eagle on the OTCQB is a first step to provide easier access and trading capability in
our shares for both institutional and retail investors in
the United States
. Trading on OTCQB will
further contribute to our strategy to continue enhancing share liquidity and broaden the reach and
awareness of our corporate branding. The Company's asset focus is in
the United States
and the
listing complimentary to ultimately drive value for our shareholders" stated
Darren Collins
, Chief
Financial Officer and Director of the Company.
The OTCQB offers investors transparent trading in entrepreneurial and development stage U.S. and
international companies. To be eligible, companies must be current in their reporting and undergo an
annual verification and management certification process. The OTCQB quality standards provide a
strong baseline of transparency, as well as the technology and regulation to improve the information
and trading experience for investors. Investors can find real-time level 2 quotes and market
information at:
https://www.otcmarkets.com/stock/BADEF/overview
.
Nauth LPC acted as OTCQB sponsor.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB®
Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC
Link® ATS and OTC Link ECN, the OTC connects a diverse network of broker-dealers that provide
liquidity and execution services. The OTC Markets Group Inc. enables investors to easily trade
through the broker of their choice and empower companies to improve the quality of information
available for investors.
To learn more about the OTC Markets Group Inc., visit
www.otcmarkets.comb
.OTC Link ATS and
OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.
About Bald Eagle Gold Corp.
Bald Eagle is a resource company focused on the exploration and development of advanced
exploration assets in known gold districts in the Americas. The Company's objective is to acquire
advanced exploration projects for exploration and development. The Company intends to, through
evaluating historical data and utilizing modern exploration techniques and geological concepts
enhance resources. The management team and board of directors of the Company have an
established track record of creating significant returns for investors and have demonstrated access
to capital to advance the development of assets.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Generally, forward-looking information can be identified by the use of forward-
looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain acts, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information in this
press release may include, without limitation, the listing of the Company's common shares on the
OTCQB and the business and strategic plans of the Company.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or achievements of Bald Eagle, as
the case may be, to be materially different from those expressed or implied by such forward-looking
information. Although Bald Eagle has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking information. Bald Eagle does not undertake to update any
forward-looking information, except in accordance with applicable securities laws.
SOURCE
Bald Eagle Gold Corp.
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For further information:
ON BEHALF OF THE BOARD OF DIRECTORS: Darren Collins, Chief
Financial Officer & Director, Bald Eagle Gold Corp., +1 786 633-1756, https://baldeaglegold.com/
CO: Bald Eagle Gold Corp.
CNW 08:00e 28-JUN-22