EDM Announces DTC Eligibility for Electronic Settlement of Trades in the United States
Rhea-AI Summary
EDM Resources (OTCQB: EDMFF) announced that its common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company (DTC). This follows the company’s recent OTCQB Venture Market listing under the ticker EDMFF and is intended to make trading easier for U.S. investors.
According to EDM, DTC eligibility is expected to simplify trading, potentially enhance liquidity, and broaden access across more U.S. brokerage firms. EDM continues to advance permitting, exploration and technical studies at its 100%-owned Scotia Mine near Halifax, Nova Scotia.
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News Market Reaction – EDMFF
In the Aug 13 session, EDMFF declined 0.73%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Halifax, Nova Scotia--(Newsfile Corp. - August 13, 2026) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) (OTCQB: EDMFF) ("EDM" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company ("DTC"), an important milestone that further enhances the accessibility of the Company's shares for U.S. investors.
The President and CEO, Mr. Mark Haywood, stated: "DTC eligibility represents another important capital markets milestone for EDM following our recent OTCQB listing. By making our shares easier to trade and settle electronically through U.S. brokerage firms, we expect to improve accessibility for U.S. investors and further expand our exposure within the North American investment community. As we continue advancing permitting, exploration and technical studies at the Scotia Mine, we believe these initiatives strengthen the Company's platform for future growth."
DTC eligibility is expected to simplify the process of trading and enhance liquidity of EDM's common shares in the United States. The Company's shares recently began trading on the OTCQB® Venture Market ("OTCQB") under the ticker symbol EDMFF.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.
About EDM Resources Inc.
EDM is a Canadian exploration and mining company that holds a
The Company's common shares are traded on the TSX Venture Exchange under the symbol "EDM", the Frankfurt Exchange under the symbol "P3Z", and the OTCQB® Venture Market under the symbol "EDMFF". For more information, please contact:
| Mark Haywood | President & Chief Executive Officer |
| Arnab De | Chief Financial Officer |
| Manish Grigo | Corporate Development |
| Telephone | +1 (902) 482 4481 |
| Facsimile | +1 (902) 422 2388 |
| info@EDMresources.com |
The Company's corporate filings and technical reports can be viewed on the Company's SEDAR+ profile at www.sedarplus.ca.
Further information on EDM is also available on the Company's website and social media channels as follows:
Internet at www.EDMresources.com
Facebook at http://www.facebook.com/EDMresources.inc
X at https://www.x.com/EDMresources
LinkedIn at http://www.linkedin.com/company/EDMresources
YouTube at https://youtube.com/@edmresources?si=Bvyighil3mSoOKnD
CAUTIONARY STATEMENTS
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain forward-looking statements, including plans, objectives, estimates, and expectations regarding EDM Resources Inc.'s future activities. Such statements are identified by words like "believes," "expects," "plans," "estimates," "may," "could," or similar terms. Forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. These include, but are not limited to, mineral resource estimates, exploration and development results, project timing, market conditions, commodity prices, financing, and operational risks. For a discussion of risk factors, please refer to EDM's Management Discussion and Analysis for the year ended December 31, 2025. EDM does not guarantee the accuracy of forward-looking statements and readers should not place undue reliance on them.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309365