Vancouver, British Columbia--(Newsfile Corp. - October 10, 2017) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or "Company") is pleased to announce that the Company's class A common shares have attained DTC eligibility.
The Depository Trust Company ("DTC") is a subsidiary of the Depository Trust & Clearing Corporation, and manages the electronic clearing and settlement of the securities of publicly traded companies in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered to be "DTC eligible." This electronic method of clearing securities is designed to speed up the receipt of stock and cash during a securities trade, thus accelerating the settlement process for investors trading the Company's shares on the OTCQB.
The OTCQB provides efficient access to U.S. investors, helping Canadian companies build shareholder value with a goal of enhancing liquidity and achieving fair valuation.
Through trading on OTCQB, companies can engage a far greater network of U.S. investor, data distributors, and media partners, ensuring U.S. investors have access to the same high-quality information that is available to investors in Canada, but through U.S. platforms and portals used to conduct research.
About GoviEx Uranium
GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is to become a significant uranium producer through the continued exploration and development of its flagship Mine Permitted Madaouela Project in Niger, its Mutanga Project in Zambia, and its other uranium properties in Africa.
Information contacts
Website: www.goviex.com
Govind Friedland, Executive Chairman
Daniel Major, Chief Executive Officer
+1 604-681-5529
info@goviex.com
Neither 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 release.
Cautionary statement regarding forward-looking statements
This press release may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of current or historical facts contained in this press release are forward-looking information. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in GoviEx's periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "should," and similar expressions, are forward-looking statements. Information provided in this document is necessarily summarized and may not contain all available material information.