Nova Minerals Secures DTC Eligibility
Melbourne, May 19, 2020 AEST (ABN Newswire) - Nova Minerals Limited (
ASX:NVA) (QM3:FRA) (NVAAF:OTCMKTS) is pleased to announce that its OTCQB-listed common shares are now eligible for electronic clearing and settlement through the Depository Trust & Clearing Corporation ("DTCC") in the United States.
DTCC is a subsidiary of the Depository Trust Company, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares on the OTCQB by greatly broadening the pool of brokerage firms that will allow their clients to trade the stock.
A list of brokers operating on the OTC Markets is available from the following link:
https://www.otcmarkets.com/otc-link/broker-dealer-directory
NVA Managing Director, Mr. Avi Kimelman said: "We have received numerous requests from US investors who have had difficulty buying our stock and are extremely pleased to announce that we have obtained DTC eligibility, effective May 18, 2020. We continue to make positive steps to grow the Company. We would like to thank our transfer agent, Vstock Transfer, for their guidance through this process and our OTC Sponsor B. Riley FBR.
About Nova Minerals Limited
Nova Minerals Limited (ASX:NVA) (FRA:QM3) is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.
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