In a news release, Nevada-focused exploration and development company Riley Gold Corp. (RLYG:TSX.V; RLYGF:OTCQB) announced that its "common shares have been made eligible for book-entry and depository services of the Depository Trust Company (DTC), to facilitate electronic clearing and settlement of transfers of its common shares in the United States."
Riley Gold's CEO Todd Hilditch commented, "We are pleased to have received DTC eligibility to facilitate the trading of our common shares for U.S. investors and brokerage firms."
"This will allow for faster execution and improved liquidity, which will help broaden our investors base," CEO Hilditch added.
Riley Gold is based in Vancouver, B.C. and its assets include the Tokop Gold Project and the Pipeline West/Clipper Project, which are both located within the state of Nevada.[NLINSERT]
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