AUSTIN, TX / ACCSSWIRE / May 3, 2023 / Xtra Energy Corp. (OTC PINK:XTPT), a Nevada antimony exploration and development company, is pleased to announce that the Depository Trust Company ("DTC") has approved the company's US-based OTC Markets listing under the symbol "XTPT" to make the company's common shares eligible for electronic clearing and settlement ("DTC Eligibility"). DTC is a subsidiary of the Depository Trust and Clearing Corporation, a US company that oversees the electronic clearing and settlement of publicly traded companies. A member of the United States Federal Reserve System, a limited-purpose trust company under New York State banking law, and a registered clearing agency with the United States Securities and Exchange Commission. Eligibility includes an electronic method of clearing securities, which expedites the receiving of stock and cash and, as a result, speeds up the settlement procedure for qualified investors.
"Today's announcement is an important milestone towards broadening our market presence across the United States," stated Mac J. Shahsavar, P.Eng. Chairman of Xtra Energy. DTC eligibility provides present and potential Xtra Energy shareholders with a dependable, cost-effective, and efficient method for clearing and settlement of our common shares. Fundamentally, the announcement made today enables Xtra Energy to bolster its engagement with current and prospective investors across the continent."
Xtra Energy invites interested stakeholders and shareholders alike to visit its website to sign-up for regular news alerts, and to support our social media efforts on Instagram, Twitter or LinkedIn.
Contact & Learn More:
Xtra Energy Corporation
Phone: 512-412-3636
Corporate Website: https://americanantimony.com/
Corporate Linkedin: https://www.linkedin.com/company/xtra-energy-corp/
Corporate Twitter: https://twitter.com/xtra_corp
Corporate Instagram: https://www.instagram.com/xtraenergycorp/
About Xtra Energy Corp.
Xtra Energy Corp. is an antimony exploration company focused on developing its flagship project "American Antimony", approximately 31 miles northeast of Eastgate, Nevada. Xtra Energy Corp. holds a 100% ownership in a 69 lode claim, 1425 acre antimony project surrounding the historically documented Antimony King Mine and covering fourteen (14) other documented antimony mines of the Bernice Mining District. The Company is seeking to develop this expanding portfolio of antimony-rich assets to become a major supplier of antimony based products.
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/XTPT/disclosure
SOURCE: Xtra Energy Corp.
View source version on accesswire.com:https://www.accesswire.com/752537/Xtra-Energy-Corp-Announces-DTC-Approval-for-US-Trading
