New Break Announces Receipt of DTC Eligibility in the United States
Rhea-AI Summary
New Break (OTCQB:NBRKF) announced its common shares are now DTC eligible in the United States. This allows electronic clearing and settlement through the Depository Trust Company, expanding access across more brokerage platforms.
The company expects this to simplify trading and enhance liquidity for U.S. investors following its recent OTCQB listing.
Positive
- DTC eligibility enables electronic clearing and settlement of U.S. trades for New Break shares
- Broader access to New Break shares across a wider network of U.S. brokerage firms
- DTC eligibility is expected to simplify trading and enhance liquidity in the United States
- Recent OTCQB listing under ticker NBRKF increases visibility with U.S. retail and institutional investors
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - May 22, 2026) - New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) ("New Break" 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").
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. DTC eligibility is expected to simplify the trading of New Break shares and enhance liquidity in the United States. The Company's shares recently began trading on the OTCQB® Venture Market ("OTCQB") under the ticker symbol NBRKF.
"Achieving DTC eligibility reflects our commitment to building New Break into a company that is accessible to investors across North America and Europe," said Michael Farrant, President of New Break. "Our recently announced results from 2026 drilling, point to our Moray gold project, located in the famed Ontario Abitibi greenstone belt, as having the potential to grow into a significant gold deposit along the lines of the Young-Davidson gold mine, located 32 km to the southeast of Moray and operated by Alamos Gold Inc. We know that U.S. investors see immense value in investing in a gold discovery of Moray's calibre, located in one of the best mining jurisdictions in the world, and we want those investors to be able to participate easily and efficiently in New Break's growth story."
About New Break Resources Ltd.
New Break is a Canadian mineral exploration company focused on its Moray gold project located 49 km south of Timmins, Ontario, in a well-established mining camp within proximity to existing infrastructure, and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. Shareholders are also leveraged to exploration success in Nunavut, Canada, through New Break's
New Break trades in Canada on the Canadian Securities Exchange (www.thecse.com) under the symbol CSE: NBRK in the United States on the OTCQB Venture Market (www.otcmarkets.com) under the symbol OTCQB: NBRKF and on the Frankfurt Stock Exchange (www.live.deutsche-boerse.com) under the symbol FSE: O91.
For further information on New Break, please visit www.newbreakresources.ca or contact:
| Michael Farrant, President and CFO Tel : 416-278-4149 E-mail: mfarrant@newbreakresources.ca | William Love, Chief Executive Officer Tel: 519-272-6312 E-mail: wlove@newbreakresources.ca |
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No stock exchange, regulation securities provider, securities commission or other regulatory authority has approved or disapproved the information contained in this news release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to receipt of regulatory and stock exchange approvals, grants of equity-based compensation, renouncement of flow-through exploration expenses, property agreements, timing and content of upcoming work programs, geological interpretations, receipt of property titles, an inability to predict and counteract the effects global events on the business of the Company, including but not limited to the effects on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains etc. Forward-looking information addresses future events and conditions and therefore involves inherent risks and uncertainties, including factors beyond the Company's control. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update publicly or otherwise any forward-looking information, except as may be required by law. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's financial statements and management's discussion and analysis (the "Filings"), such Filings available upon request.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298543