Upside Gold Corp. announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States. This development opens the door to a significantly broader base of U.S. retail and institutional investors, enabling seamless trading through major U.S. brokerage platforms. The company expects this to improve share liquidity, reduce friction for U.S. investors, and strengthen Upside’s visibility in the world’s largest capital market.
Achieving DTC eligibility reflects our commitment to building a company that is accessible to investors across North America and Europe, said Sophy Cesar, CEO of Upside Gold Corp. As we advance the Kena Gold-Copper Project toward our next major milestones, we want U.S. investors to be able to participate easily and efficiently in Upside’s growth story. This is about removing barriers and expanding our reach.
As a subsidiary of the Depository Trust & Clearing Corporation, DTC handles electronic clearing and settlement for publicly traded companies. With DTC eligibility, the Company’s shares can now be traded across a wider network of brokerage firms, accelerating the settlement process and improving access for a broader range of investors. This milestone comes at an exciting time for the Company, as Upside prepares to advance exploration drilling at the Kena Gold-Copper Project in British Columbia this spring and summer, with results expected to be a key catalyst for the Company in the months ahead.
With shares now trading on the CSE, OTCQB, and Frankfurt Stock Exchange, Upside is well positioned to reach investors across three major markets. For more information on Upside Gold Corp., please visit the Company’s website at https://www.upsidegoldcorp.com. The Kena Project hosts a historical gold resource comprising an Indicated Mineral Resource of 32,146,000 tonnes at an average grade of 0.544 g/t Au for 0.561 million ounces of gold, and an Inferred Mineral Resource of 177,507,000 tonnes at an average grade of 0.486 g/t Au for 2.77 million ounces of gold. The historical resource estimate is disclosed in the technical report entitled NI 43-101 Resource Estimate for the Kena and Daylight Properties prepared by Sue Bird, P.Eng. of Moose Mountain Technical Services, dated May 3, 2021, and filed on SEDAR on behalf of West Mining Corp.
A Qualified Person, as defined by National Instrument 43-101, has not done sufficient work to classify the historical estimate as current mineral resources, and Upside Gold Corp. is not treating the historical estimate as current mineral resources. The historical estimate is provided for information purposes only and should not be relied upon. To upgrade the historical estimate as current mineral resource additional drilling needs to be completed. View the original release on https://www.newmediawire.com.
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