Kodiak Copper Receives DTC Eligibility
Kodiak Copper Receives DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2021) - Kodiak Copper Corp. (TSXV: KDK) (the
"Company" or "Kodiak") announces that its common shares are now eligible for book-entry and
depository services of the Depository Trust Company ("DTC"), to facilitate electronic clearing and
settlement of transfers in the United States. Kodiak currently trades on the OTCQB under the ticker
symbol KDKCF.
DTC is a subsidiary of The Depository Trust & Clearing Corp. which manages the electronic clearing
and settlement of publicly traded companies in the United States. Securities that are eligible to be
electronically cleared and settled through DTC are considered DTC eligible. This electronic method of
clearing securities accelerates the settlement process for investors and brokers, enabling a security to
be traded over a much wider selection of brokerage firms.
Claudia Tornquist, Kodiak's CEO said, "We are pleased to have received DTC eligibility to facilitate the
trading, and efficient electronic transfer, of our common shares for U.S. investors and brokerage firms.
This will allow for faster execution of trades and improved liquidity of our common shares and will help to
broaden our US investors base."
For further information please contact Claudia Tornquist at
or +1
604 646 8362.
On behalf of the Board of Directors
Kodiak Copper Corp.
Claudia Tornquist
President & CEO
About Kodiak Copper Corp.
Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA.
The
Company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Trough
in south-central British Columbia, Canada, where the Company made a discovery of high-grade
mineralization within a wide mineralized envelope in 2020.
Kodiak also holds the Mohave copper-
molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine.
Kodiak's
porphyry projects have both been historically drilled and present known mineral discoveries with the
potential to hold large-scale deposits.
Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with
Great Bear Resources.
Kodiak is also part of Discovery Group led by John Robins, one of the most
successful mining entrepreneurs in Canada.
Neither 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 Statement (Safe Harbor Statement): This press release contains forward looking
statements within the meaning of applicable securities laws.
The use of any of the words "anticipate",
"plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict",
"potential" and similar expressions are intended to identify forward looking statements.
In particular,
this press release contains forward looking statements concerning the Company's exploration plans.
Although the Company believes that the expectations and assumptions on which the forward looking
statements are based are reasonable, undue reliance should not be placed on the forward looking
statements because the Company cannot give any assurance that they will prove correct.
Since
forward looking statements address future events and conditions, they involve inherent assumptions,
risks and uncertainties.
Actual results could differ materially from those currently anticipated due to a
number of assumptions, factors and risks.
These assumptions and risks include, but are not limited
to, assumptions and risks associated with conditions in the equity financing markets, and
assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward looking
statements in this press release in order to provide readers with a more comprehensive perspective
on the Company's future operations.
The Company's actual results, performance or achievement
could differ materially from those expressed in, or implied by, these forward looking statements and,
accordingly, no assurance can be given that any of the events anticipated by the forward looking
statements will transpire or occur, or if any of them do so, what benefits the Company will derive from
them.
These forward looking statements are made as of the date of this press release, and, other than
as required by applicable securities laws, the Company disclaims any intent or obligation to update
publicly any forward looking statements, whether as a result of new information, future events or results
or otherwise.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/90706