10:41:08 EDT Tue 28 Jun 2022
Enter Symbol
or Name

Login ID:
Core Assets Corp
Symbol CC
Shares Issued 55,709,701
Close 2021-10-29 C$ 0.23
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Core Assets receives DTC eligibility

2021-11-01 15:58 ET - News Release

Mr. Nicholas Rodway reports


Core Assets Corp.'s common shares are now eligible for settlement through Depository Trust Company (DTC), a subsidiary of Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States.

Core Assets' common shares are now fully DTC eligible and will continue to trade in the United States under the ticker symbol CCOOF on the OTCQB Venture Market. Through an electronic method of clearing securities, DTC eligibility reduces costs and accelerates the settlement process for investors and brokers, allowing the company's common shares to be traded over a much-wider selection of brokerage firms by coming into compliance with their requirements.

Nick Rodway, president and chief executive officer of Core Assets, stated, "DTC eligibility makes our shares more accessible to retail and institutional investors in the world's largest capital market and facilitating the company's efforts to broaden the audience of potential investors."

In addition to trading in the United States on the OTCQB Venture Market, the company's common shares will continue to trade on the Canadian Securities Exchange under the symbol CC and on the Frankfurt Stock Exchange under the symbol A2QCCU.

About Core Assets Corp.

Core Assets is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in British Columbia, Canada. The company currently holds 100-per-cent title ownership in the Blue property, which covers a land area of approximately 108,337 hectares (approximately 1,083 square kilometres). The project lies within the Atlin mining district, a well-known gold mining camp. The property hosts a major structural feature known as the Llewellyn fault zone (LFZ). This structure is approximately 140 kilometres in length and runs from the Yukon border down through the property to the Alaskan Panhandle Juneau ice sheet in the United States. Core Assets believes that the South Atlin Lake area and the LFZ have been neglected since the last major exploration campaigns in the 1980s. The LFZ plays an important role in mineralization of near-surface metal occurrences across the property. The past 50 years have seen substantial advancements in the understanding of porphyry, skarn and carbonate-replacement-type deposits, both globally and in British Columbia's Golden Triangle. The company has leveraged this information at the Blue property to develop an exploration model and believes this could facilitate a major discovery. Core Assets is excited to become one of Atlin mining district's premier explorers, where its team believes there are substantial opportunities for new discoveries and development.

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