Empress Royalty DTC Eligible
Empress Royalty Corp. has announced that its common shares are now eligible for delivery and depository services through the Depository Trust Company (DTC), facilitating electronic settlement in the U.S. This DTC eligibility accelerates the settlement process, reduces transaction costs for brokerages, and enhances trading efficiency for investors. Empress trades on the OTCQB under the symbol EMPYF and is focused on providing financing solutions for mining companies, backed by strategic partnerships globally.
- DTC eligibility enhances trading efficiency for investors.
- Reduced transactional costs for participating brokerages.
- Strong strategic partnerships with financial institutions globally.
- None.
VANCOUVER, BC / ACCESSWIRE / March 11, 2021 / Empress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) reports that the Company's common shares are eligible for delivery and depository services with the Depository Trust Company (the "DTC") to facilitate electronic settlement of transfers of its common shares in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered "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 greatly reduces transactional costs for participating stock brokerages. Investors can find the current Canadian financial disclosure of the Company on its profile on www.sedar.com.
As announced on February 28, 2021, the Company's common shares trade on the OTCQB Venture Market ("OTCQB") in the United States under the symbol "EMPYF" in addition to its primary listing on the TSX Venture Exchange under its existing trading symbol "EMPR".
The OTCQB Venture Market is for entrepreneurial and development stage United States and international companies. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process. The OTCQB Venture Market quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
ABOUT EMPRESS ROYALTY CORP.
Empress is a new precious metals royalty and streaming company focused on the creation of unique financing solutions for mining companies. Empress has a portfolio of 15 investments and is actively focused on finding industry partners with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial in London, Terra Capital in Australia and Accendo Banco in Mexico which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models.
ON BEHALF OF EMPRESS ROYALTY CORP.
Per: Alexandra Woodyer Sherron, CEO and President
For further information, please visit our website at www.empressroyalty.com or contact Alexandra Woodyer Sherron, CEO and President, by phone at +1.604.331.2080 or email at info@empressroyalty.com.
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.
SOURCE: Empress Royalty Corp.
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