03:57:48 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Eureka Lithium Corp
Symbol ERKA
Shares Issued 41,224,222
Close 2023-09-22 C$ 0.67
Market Cap C$ 27,620,229
Recent Sedar Documents

Eureka Lithium's shares now DTC eligible

2023-09-22 20:40 ET - News Release

Mr. Jeff Wilson reports

EUREKA DTC ELIGIBILITY

Eureka Lithium Corp.'s 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 Eureka Lithium's shares in the United States. The company's shares recently began trading on the OTCQB under the symbol SCMCF"

The DTC is a subsidiary of the Depository Trust & Clearing Corp., 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.

"I am pleased to announce that Eureka's common shares are DTC eligible, which will make the trading of Eureka's shares easier, faster and cheaper for a wider array of investors," commented Jeff Wilson, chief executive officer of Eureka Lithium. "DTC eligibility enables U.S.-based investors to electronically buy, sell, withdraw and deposit at any legacy or online discount brokerages in North America.

The company also announces a renewal agreement with MIC Market Information & Content Publishing GmbH (MIC) (address: Gerhart-Hauptmann-St. 49b 51379 Leverkusen; e-mail: contact@micpublishing.de; phone: 49-2171-7766628) for marketing services which will continue to Oct. 30, 2023, or until budget exhaustion. MIC will utilize its on-line programs with the aim of increasing investor awareness and interest in the company through various online platforms and methods of engagement in consideration of 150,000 euros. The marketing activity will occur by e-mail, Facebook and Google. MIC does not have any prior relationship with the company other than previous marketing engagements and will not receive any shares of the company as compensation.

About Eureka Lithium Corp.

Eureka Lithium is the largest lithium-focused landowner in the northern third of Quebec, known as the Nunavik region, with 100-per-cent ownership of three projects comprising 1,408 square kilometres in the emerging Raglan West, Raglan South and New Leaf lithium camps. These claims were acquired from legendary prospector Shawn Ryan and are located in a region that hosts two operating nickel mines with deep-sea port access.

We seek Safe Harbor.

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