Argyle Resources Up-lists to the OTCQB Marketplace and Receives DTC Eligibility
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) has successfully upgraded from the OTC Pink Market to the OTCQB Venture Market, commencing trading on September 3rd, 2024. The company's shares will trade under the symbol 'ARLYF' on the OTCQB, while continuing to trade as 'ARGL' on the Canadian Securities Exchange and 'ME0' on the Frankfurt Stock Exchange.
Additionally, Argyle's common shares have become DTC eligible, simplifying trading processes and potentially enhancing liquidity in the United States. CEO Jeff Stevens highlighted this milestone as an important step in increasing visibility and transparency for investors, potentially reaching a wider audience.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ha effettuato con successo il passaggio dal mercato OTC Pink al OTCQB Venture Market, iniziando le contrattazioni il 3 settembre 2024. Le azioni della società verranno scambiate con il simbolo 'ARLYF' sull'OTCQB, continuando a essere scambiate come 'ARGL' sulla Canadian Securities Exchange e 'ME0' sulla Borsa di Francoforte.
Inoltre, le azioni ordinarie di Argyle sono diventate idonee per il DTC, semplificando i processi di trading e potenzialmente aumentando la liquidità negli Stati Uniti. Il CEO Jeff Stevens ha sottolineato questo traguardo come un passo importante per aumentare la visibilità e la trasparenza per gli investitori, aiutando a raggiungere un pubblico più ampio.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ha mejorado con éxito de OTC Pink Market a OTCQB Venture Market, comenzando a cotizar el 3 de septiembre de 2024. Las acciones de la empresa se negociarán bajo el símbolo 'ARLYF' en OTCQB, mientras continuarán cotizando como 'ARGL' en la Bolsa de Valores de Canadá y 'ME0' en la Bolsa de Frankfurt.
Además, las acciones comunes de Argyle se han vuelto elegibles para DTC, simplificando los procesos de negociación y potencialmente mejorando la liquidez en Estados Unidos. El CEO Jeff Stevens destacó este hito como un paso importante para aumentar la visibilidad y la transparencia para los inversores, alcanzando potencialmente una audiencia más amplia.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0)은 OTC Pink Market에서 OTCQB Venture Market으로 성공적으로 업그레이드되어 2024년 9월 3일부터 거래를 시작했습니다. 회사의 주식은 OTCQB에서 'ARLYF'라는 기호로 거래되며, 계속해서 캐나다 증권 거래소에서 'ARGL'로, 프랑크푸르트 증권 거래소에서는 'ME0'로 거래됩니다.
또한, Argyle의 보통주가 DTC에 적합하게 되어 거래 과정이 간소화되고 미국 내 유동성이 향상될 수 있습니다. CEO 제프 스티븐스는 이 이정표가 투자자들에게 가시성과 투명성을 높이는 중요한 단계라고 강조하며, 더 넓은 청중에게 다가갈 수 있을 것이라고 언급했습니다.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) a réussi à passer du marché OTC Pink au OTCQB Venture Market, débutant le trading le 3 septembre 2024. Les actions de la société seront échangées sous le symbole 'ARLYF' sur l'OTCQB, tout en continuant à être échangées comme 'ARGL' sur la Bourse canadienne et 'ME0' sur la Bourse de Francfort.
De plus, les actions ordinaires d'Argyle sont devenues éligibles DTC, simplifiant les processus de trading et potentiellement améliorant la liquidité aux États-Unis. Le PDG Jeff Stevens a souligné ce jalon comme une étape importante pour accroître la visibilité et la transparence pour les investisseurs, atteignant potentiellement un public plus large.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) hat erfolgreich vom OTC Pink Market auf den OTCQB Venture Market gewechselt und den Handel am 3. September 2024 aufgenommen. Die Aktien des Unternehmens werden unter dem Symbol 'ARLYF' an der OTCQB gehandelt, während sie weiterhin als 'ARGL' an der Canadian Securities Exchange und 'ME0' an der Frankfurter Börse gehandelt werden.
Darüber hinaus sind die Stammaktien von Argyle DTC-berechtigt geworden, was den Handelsprozess vereinfacht und potenziell die Liquidität in den Vereinigten Staaten erhöht. CEO Jeff Stevens hob diesen Meilenstein als wichtigen Schritt zur Erhöhung der Sichtbarkeit und Transparenz für Investoren hervor und könnte somit ein breiteres Publikum erreichen.
- Upgraded from OTC Pink Market to OTCQB Venture Market
- Obtained DTC eligibility for electronic clearing and settlement in the US
- Potential for increased visibility and liquidity for US investors
- None.
Calgary, Alberta--(Newsfile Corp. - September 4, 2024) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to announce that it has successfully upgraded from the OTC Pink Market to the OTCQB Venture Market. The upgrade has been approved by OTC Markets Group and the Company commenced trading on the OTCQB on September 3rd, 2024.
The Company's common shares started trading on the OTCQB under the symbol "ARLYF" as of the opening of the market on September 3rd, 2024. The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "ARGL" and the Frankfurt Stock Exchange under the symbol "ME0".
The OTCQB, operated by OTC Markets Group, Inc., is a market designed for developing and entrepreneurial companies in the United States and abroad. To be eligible for trading on the OTCQB, companies must be current in their financial reporting with the Securities and Exchange Commission, pass a minimum bid price test, maintain audited financials through a PCAOB registered firm, and undergo company verification and management certification on an annual basis.
The Company also announces that its common shares are eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC eligibility is expected to simplify the process of trading and enhance liquidity of Argyle's shares in the United States. The Company's shares recently began trading on the OTCQB under the symbol "ARLYF".
The DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. 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 to be "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates 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.
Jeff Stevens, CEO stated, "Cross-trading onto the OTCQB Venture Market as well as Argyle's shares being DTC eligible marks the achievement of yet another important milestone that we set out to achieve. We believe trading on the OTCQB, along with DTC eligibility will provide much greater visibility and transparency to investors which will allow for us to reach a wider audience. We greatly appreciate the support we have received from our partners and shareholders as we continue to execute on our business plan."
ON BEHALF OF THE BOARD OF DIRECTORS
'Jeffrey Stevens'
President & CEO
About Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company engaged in the business of acquiring, exploring, staking and evaluating natural resource properties in North America. The Company currently holds an option to acquire up to
For all other inquiries:
Email: info@argylresourcescorp.com
Phone: (825) 724-0033
Website: www.argyleresourcescorp.com
Forward Looking Statements
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, the services offered under the contract and successful enhanced market conditions. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "will be", "intends", "expected" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by management of the Company, they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements or 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 statements 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 statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222033
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