Hawkmoon Resources Corp. common shares are now eligible for electronic clearing and settlement in the United States through Depository Trust Company (DTC).
DTC eligibility is expected to simplify the process of trading and enhance liquidity of Hawkmoon shares in the United States. The company’s shares recently began trading on the OTCQB Venture Market under the ticker symbol HWKRF.
DTC is a subsidiary of Depository Trust & Clearing Corp., 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 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 Hawkmoon Resources Corp.
Hawkmoon is focused entirely on its two Quebec gold projects. The Wilson gold project is located in one of the world’s largest gold-endowed areas, the Abitibi greenstone belt. The Wilson project is accessible by government-maintained roads and is in close proximity to the east of the town of Lebel-sur-Quevillon. The second project is situated in the Belleterre gold camp, located southwest of Val d’Or.