BTU Metals Obtains Dtc & Cns Eligibilty FOR Its Common Shares Enhancing US Investor Access
Suite 1240, 789 West Pender St. Vancouver, British Columbia
Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988
BTU METALS OBTAINS DTC & CNS ELIGIBILTY FOR ITS COMMON
SHARES ENHANCING US INVESTOR ACCESS
- GEOLOGICAL LEADERSHIP TEAM ON SITE TO PREP FOR DRILL
PROGRAM -
September 10, 2020, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company")
(BTU-TSX:V and BTUMF-OTC) today announced it has obtained eligibility with The Depository Trust
Company (DTC) and Continuous Net Settlement (CNS) in the United States, increasing access for U.S.
investors for its common shares.
DTC is a subsidiary of the Depository Trust & Clearing Corp., a U.S. company that manages the
electronic clearing and settlement of publicly traded companies. DTC eligibility permits BTU’s shares to
be distributed, settled and serviced through DTC’s automated processes, leveraging efficiencies created
through electronic clearing and settlement of securities. DTC services may provide benefits for investors
and brokers trading Canadian securities in the United States. CNS is an automated book-entry
accounting system, which centralizes the settlement of security transactions and maintains an orderly
flow of security and money balances between market participants.
“As we lead up to this exciting imminent drill program to test high priority drill targets in Red Lake, we expect
the DTC eligibility of our common shares in the U.S. will improve access for investors and brokerage houses to
trade our shares”, stated Paul Wood, CEO of BTU Metals.
BTU is pursuing both high-grade gold targets and copper-dominant massive sulfide targets on its 200
square kilometre property that shares a 35 kilometre border with Great Bear Resources Ltd (“Great
Bear”). The property is 25 kilometres southeast of Red Lake, Ontario in an area with excellent access
and infrastructure. To date roughly one-third of the property area has been analyzed using Windfall
Geotek’s (WIN-TSX:V) proprietary Artificial Intelligence approach to target potential gold mineralized
areas, from which 35 high priority targets have been identified at a high correlation rate with known
gold mineralization. The BTU team is on site, including VP Exploration, Bruce Durham as BTU
prepares for the imminent drill program.
The Company’s exploration work at its Red Lake, Ontario projects remains largely on schedule with no
major disruption due to the COVID-19 government guidelines. The Company continues to monitor this
situation, continues to be careful to conduct all work in compliance with COVID-19 guidelines and will
adjust its activities and timelines as deemed appropriate.
Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and
approved the technical information in this press release.
ON BEHALF OF THE BOARD
“Paul Wood”
Paul Wood, CEO, Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Andreas Curkovic, Investor Relations
+1 416-577-9927
BTU Metals Corp.
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or
future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect
management’s current beliefs and are based on assumptions made by and using information currently available to the Company.
Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they are subject to risks and
uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of
the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update
or revise them to reflect new events or circumstances. All forward-looking statements made in this press release are qualified by these
cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).