Margaux Resources Enhances Market Profile with DTC Eligibility on OTCQB
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NEWS RELEASE
Margaux Resources Enhances Market Profile with DTC Eligibility on OTCQB
CALGARY, ALBERTA -- (The Newswire – January 19, 2017)
Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) ("Margaux" or the "Company") is pleased to announce
that effective January 17, 2017 it has secured Depository Trust Company (“DTC”) eligibility for its common shares
listed on the OTCQB Market.
“Being DTC Eligible makes us accessible to an even broader range of investors and is expected to assist with our goal
of increasing the liquidity and convenience of trading our shares within the US.” said Tyler Rice, President and CEO.
DTC eligible securities are eligible to be traded and settled electronically in the US, allowing faster and more efficient
settlement of trades through broker-dealers. As previously announced by OTC Markets Group on December 1, 2016,
Margaux’s shares are qualified to trade in the U.S. on the OTCQB market under the symbol "MARFF." This electronic
method of clearing securities accelerates the receipt of stock and cash, and thus streamlines the settlement process
for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming
into compliance with their requirements.
The DTC is one of the world's largest securities depositories. The DTC, founded in 1973 and based in New York City,
is organized as a limited purpose trust company and provides safekeeping through electronic record keeping of
securities balances, holding over thirty -five trillion d ollars’ worth of securities on deposit. While there is no
requirement that any security be held at DTC to trade, many brokerage firms and issuers want to take advantage of
the efficiencies and costs benefits that DTC offers. In contrast many stock exchang es require DTC eligibility prior to
listing of a security.
About Margaux Resources Ltd.: Margaux is a publicly traded mineral exploration company focused on the
exploration and development of the previously producing properties in the Kootenay Arc located in southeastern
British Columbia , including the Jersey -Emerald, Jackpot/Oxide, Sheep Creek and Bayonne properties, on which
Margaux has options. The Company is directed by a group of highly successful Canadian businessmen with proven
track records. Margaux trades on the TSX Venture Exchange under the symbol MRL and on the OTCQB under the
symbol MARFF.
Forward Looking Statements
This press release may contain forward looking statements including those describing Margaux's future plans and
the expectations of management that a stated result or condition will occur. Any statement addressing future events
or conditions necessarily in volves inherent risk and uncertainty. Actual results can differ materially from those
anticipated by management at the time of writing due to many factors, the majority of which are beyond the control
of Margaux and its management. In particular, this news release contains forward -looking statements pertaining,
directly or indirectly, to the following: statements pertaining to the liquidity of the Company’s common shares in the
United States of America, as well as other market conditions and economic factor s, business and operations
strategies. Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. These
statements speak only as of the date of this release or as of the date specified in the documents accompanying this
release, as the case may be. The Company undertakes no obligation to publicly update or revise any forward-looking
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statements except as expressly required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
Margaux Resources Ltd.
Tyler Rice
President, CEO and a Director
(403) 537-5590