Mr. Dwayne Yaretz reports
MUZHU RECEIVES DTC ELIGIBILITY & LISTS ON (OTCQB) AND FRANKFURT STOCK EXCHANGE (FSE)
Muzhu Mining Ltd.'s common shares are eligible for electronic clearing and settlement in the United States through the Depository Trust Company. DTC eligibility streamlines the trading process, making it more efficient for investors and brokers. As a subsidiary of the Depository Trust & Clearing Corp., DTC handles electronic clearing and settlement for publicly traded companies. With DTC eligibility, Muzhu's shares can be traded across a wider network of brokerage firms, accelerating the settlement process and improving access for a broader range of investors.
Effective Nov. 7, 2024, Muzhu's shares were listed for trading on the
OTCQB
under the symbol
MUZUF
and became DTC eligible as of Nov. 26, 2024. This U.S. marketplace will provide current and future United States-based investors with greater access, ease of trading, home country disclosure, current financial disclosures and real-time Level 2 quotes.
The company is also pleased to announce its common shares are listed for trading on the
Frankfurt Stock Exchange under the symbol
Y33.
"Achieving DTC eligibility is a significant step forward for Muzhu as it simplifies trading for our U.S. investors and expands access to a broader audience," commented
Dwayne Yaretz, chief executive officer.
"These milestone listings aligns with our commitment to enhancing liquidity and shareholder value, making it easier and more efficient for investors in the U.S. and Europe to participate in the growth of Muzhu as we advance our gold and silver exploration activities in Quebec and China."
Muzhu is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds a 100-per-cent interest in the Sleeping Giant South project, located in the Abitibi greenstone belt, approximately 75 kilometres south of Matagami, Que. As well, Muzhu has executed two option agreements to acquire up to 80 per cent of the silver, zinc and lead XWG and LMM properties in the Henan province located in China.
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