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Stallion Gold Announces DTC Eligibility

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Stallion Gold Corp. (OTCQB: SLLGF) announced that its shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the U.S. This DTC eligibility is expected to streamline the trading process and enhance liquidity for its common shares. Stallion Gold is actively exploring precious metals and critical minerals at its Horse Heaven Gold Property in Idaho, utilizing advanced exploration techniques to identify promising targets.

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  • Shares are now DTC eligible, facilitating faster electronic settlement.
  • Enhanced liquidity for common shares is expected.
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  • None.

VANCOUVER, British Columbia, April 12, 2022 (GLOBE NEWSWIRE) -- Stallion Gold Corp. (TSX-V: STUD) (OTCQB: SLLGF) (Frankfurt: HM4) (“Stallion” or the “Company”) is pleased to announce that, further to its news release dated March 17, 2022, its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States.

The DTC is the largest securities depository in the world and facilitates electronic settlement of stock certificate transfers in the United States. The shares of the Company, trading on the OTC under the symbol "SLLGF", are now eligible to be electronically cleared and settled through the DTC and are therefore considered "DTC eligible”. This electronic method of clearing securities accelerates the settlement process for investors and brokers. DTC eligibility is expected to simplify the process of trading and enhance liquidity for the Company’s common shares.

About Stallion Gold

Stallion Gold is a mineral exploration company focused on the exploration of precious metals and critical minerals at its Horse Heaven Gold Property in Idaho. Stallion Gold is using modern exploration techniques to explore historical and new mineral targets on its expansive land package. A strong management team brings expertise in both the capital markets and the technical talent for acquiring early-stage property with highly prospective targets. For more information visit Stalliongold.com

On Behalf of the Board

Drew Zimmerman

Drew Zimmerman
Chief Executive Officer
(778) 686-0973

Neither the 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.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.


FAQ

What is the significance of Stallion Gold's DTC eligibility for SLLGF?

DTC eligibility allows Stallion Gold's shares to be electronically cleared and settled, making trading more efficient and improving liquidity.

When was the DTC eligibility for Stallion Gold announced?

The DTC eligibility was announced on April 12, 2022.

Where is Stallion Gold's Horse Heaven Gold Property located?

Stallion Gold's Horse Heaven Gold Property is located in Idaho.

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