ESGold Announces DTC Eligibility, Enhancing Trading Accessibility and Liquidity in U.S. Markets

Rhea-AI Summary

ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) (FSE: Z7D) has achieved DTC eligibility for its common shares, enabling electronic clearing and settlement through the Depository Trust Company. This development follows the company's recent uplisting to the OTCQB Venture Market, significantly enhancing trading accessibility and liquidity for U.S. investors.

DTC eligibility provides faster and more cost-effective electronic clearing of ESGold's shares within the United States, reducing settlement risks and improving trading ease for both institutional and retail investors. This upgrade is expected to boost the company's market visibility as it aligns with strategic growth initiatives.

Brad Kitchen, President of ESGold, emphasized that securing DTC eligibility is a important step in increasing the company's accessibility to U.S. capital markets, complementing their recent OTCQB listing as they advance toward production at the Montauban Project.

Positive

• DTC eligibility enhances trading efficiency and liquidity for ESGold shares
• Recent uplisting to OTCQB Venture Market expands investor accessibility
• Electronic clearing reduces settlement risks and trading costs
• Company is advancing toward production at the Montauban Project
• Improved market visibility may attract new institutional and retail investors

Negative

• No specific timeline provided for production at Montauban Project
• details about the company's current financial position
• No mention of potential challenges in the mining sector
• Unclear how this development affects the company's operational milestones

Vancouver, British Columbia--(Newsfile Corp. - February 25, 2025) - ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) (FSE: Z7D) ("ESGold" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC"). This milestone further enhances trading efficiency and liquidity for U.S. investors following ESGold's recent uplisting to the OTCQB Venture Market, significantly expanding its accessibility to a broader investor base.

DTC eligibility allows for faster and more cost-effective electronic clearing of ESGold's shares within the United States, reducing settlement risks and enhancing ease of trading for institutional and retail investors alike. This upgrade is expected to improve the Company's market visibility and attractiveness, further aligning ESGold with its strategic growth initiatives.

Brad Kitchen, President of ESGold, commented:
"Securing DTC eligibility is an important step in increasing ESGold's accessibility to the U.S. capital markets. Combined with our recent OTCQB listing, this development significantly enhances trading efficiency and liquidity, making it easier for U.S. investors to engage with our story. As we advance towards production and unlock the full potential of Montauban, we are excited to welcome a broader shareholder base."

Strengthening U.S. Market Access

ESGold's recent OTCQB uplisting was a critical milestone, providing increased exposure and transparency for U.S. investors. The OTCQB Venture Market is a premier platform for early-stage and developing companies, requiring regular financial disclosures, verification, and compliance with high-quality reporting standards. With both OTCQB trading and DTC eligibility now in place, ESGold is well-positioned to attract new institutional and retail investors as it moves closer to production at the Montauban Project.

About ESGold Corp.

ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration.

For more information, please contact ESGold Corp. at +1-888-673-1231 or visit www.esgold.com. Stay connected by following ESGold on X (formerly Twitter), LinkedIn, and Telegram.

On behalf of the Board of Directors,

ESGold Corp.
"Brad Kitchen"
President, Director
Tel: +1-888-673-1231
Email: info@esgold.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts 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/242281

FAQ

What does DTC eligibility mean for SEKZF shareholders?

DTC eligibility allows faster, more cost-effective electronic clearing of SEKZF shares in the U.S., reducing settlement risks and improving trading efficiency for both institutional and retail investors.

When did ESGold (SEKZF) receive DTC eligibility?

ESGold received DTC eligibility as announced on February 25, 2025, following its uplisting to the OTCQB Venture Market.

How will SEKZF's DTC eligibility impact its U.S. market presence?

DTC eligibility enhances SEKZF's trading accessibility and liquidity in U.S. markets, making it easier for American investors to trade shares and potentially attracting a broader investor base.

What is the Montauban Project mentioned in SEKZF's announcement?

The Montauban Project is ESGold's main development project that the company is advancing toward production, as referenced in their DTC eligibility announcement.

What stock exchanges does ESGold (SEKZF) trade on?

ESGold trades on the Canadian Securities Exchange (CSE: ESAU), OTCQB Venture Market (OTCQB: SEKZF), and Frankfurt Stock Exchange (FSE: Z7D).

Why is the OTCQB uplisting significant for ESGold (SEKZF)?

The OTCQB uplisting provides increased exposure and transparency for U.S. investors, as it requires regular financial disclosures and compliance with high-quality reporting standards.