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News Update


Explorer's Shares Approved for Electronic Clearing and Settlements in US thru DTC
News Update

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Riley Gold Corp. reported its common shares have met the eligibility requirements for book-entry and depository services of the Depository Trust Company, which the company reports will serve to broaden its investor base in the U.S., offer faster trade execution and provide greater liquidity.

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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.


1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
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