Mr. Roger Clegg reports
ARGENTINA METALS ANNOUNCES ELECTRONIC CLEARING AND SETTLEMENT BY DEPOSITORY TRUST COMPANY
Argentina Metals Corp.'s common shares are eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States.
"With DTC eligibility, existing American investors may benefit from greater liquidity and execution speeds. This also opens the door to new investors that may have been previously restricted from trading in our shares and simplifies the process of trading our shares in the United States," stated Roger Clegg, chief executive officer of Argentina Metals. "The anticipated liquidity increase is expected to provide current and prospective U.S. investors further opportunities to participate in Argentina Metals' growth."
DTC is a subsidiary of the Depository Trust & Clearing Corp., an American corporation that manages the electronic clearing and settlement of securities of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be DTC eligible. DTC eligibility is expected to create a seamless electronic trading process and thereby enhance the liquidity of the company's shares.
About Argentina Metals Corp.
Argentina Metals is a Canadian copper exploration company focused on Mendoza province, Argentina. The company holds approximately 146,700 hectares across 26 projects, all 100 per cent owned on a clean-title basis with no private royalties, net smelter returns royalties, back-in rights or earn-in obligations, other than royalties payable to the province of Mendoza. Anchored by its flagship Las Estrellas project, the company has built an early position in an underexplored part of the Argentine Andes amid pro-mining reforms that are reshaping the country's resource sector.
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