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Makenita Resources (CSE: KENY) (OTC Pink: KENYF) has announced receiving its U.S. trading symbol KENYF and is pursuing DTC eligibility to enhance trading accessibility in the U.S. market. The company has applied for a drill permit to commence its maiden drilling program at the Hector Silver/Cobalt Property in Ontario, with drilling expected to begin in the coming weeks pending approval.
Company President Jason Gigliotti highlighted that obtaining the U.S. symbol is a significant milestone that expands their reach to potential investors. The company plans to implement a marketing strategy focusing on their German, Canadian, and USA symbols, leveraging their tight share float, upcoming drill program, and strong commodity prices to attract new shareholders.
Makenita Resources (CSE: KENY) (OTC Pink: KENYF) has submitted a drill permit application to initiate its maiden drill program at its Silver/Cobalt project in Ontario. The company expects drilling operations to commence in the upcoming weeks.
Company President Jason Gigliotti highlighted the strategic timing of the program, citing favorable conditions including the company's small float structure and rising silver prices. The project area, historically explored by Teck, has become more accessible due to forest fires clearing previously challenging terrain.
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