Kobrea Exploration Announces OTCQB Listing and DTC Eligibility
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Vancouver, British Columbia--(Newsfile Corp. - April 10, 2024) - Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) ("Kobrea" or the "Company") is pleased to announce that its common shares are now quoted for trading on the OTCQB Venture Market (the "OTCQB") under the symbol "KBXFF" and are now eligible for electronic clearing and settlement through the Depository Trust Company (the "DTC") in the United States.
James Hedalen, CEO, stated: "We look forward to growing our global investor base through our listings in Canada and the U.S. as we proceed into a highly active period for the Company. Accordingly, we are pleased to have been quoted for trading on the OTCQB and to have received DTC eligibility, both of which will aid in our goal of increased visibility and share liquidity for U.S. based shareholders."
The OTCQB allows early stage and developing companies the benefit of being publicly traded in the United States. Eligible companies must be current in their financial reporting, pass a minimum bid test and undergo an annual verification and management certification process.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. based 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".
ON BEHALF OF THE BOARD OF DIRECTORS
Per: "James Hedalen"
James Hedalen
CEO & Director
About Kobrea Exploration Corp.
Kobrea Exploration Corp. is a mineral exploration & development company focused on the acquisition and exploration of base metal projects. The Company holds a
For more information, please consult the Company's filings, available at www.sedarplus.ca.
Contact Information
James Hedalen
CEO & Director
Mobile: (778) 322-9066
Email: James@kobreaexploration.com
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company. These forward-looking statements generally are identified by words such as "believe," "project," "aim," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions and in this press release include statements respecting the anticipated benefits of receiving DTC eligibility and being listed on the OTCQB, the Company's goal of growing its global investor base through its listings in Canada and the U.S. and the expectation that the Company is entering into a highly active period. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/204884
FAQ
What market is Kobrea Exploration Corp. now trading on under the symbol KBXFF?
What is the significance of gaining DTC eligibility for Kobrea Exploration Corp.?
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