July 06, 2020
JNC Resources Obtains DTC Eligibility, Increasing Access for U.S. Investors
Trading Symbol: JNC (CSE)
Vancouver, B.C. – JNC Resources Inc. (the “Company”)
Vancouver, B.C. – JNC Resources Inc. (the “Company”) is pleased to announce that it has received approval from the Depository Trust Company (“DTC”) to make its common shares eligible for settlement in the US under the ticker “JNCFF.”
JNC Resources is now eligible for electronic clearing and settlement through DTC’s automated processes. DTC is a stock depository that facilitates and manages the electronic clearing and settlement of publicly traded companies in the United States.
This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers while cutting costs and providing access to a wider network of brokerage firms, enabling the stock to be traded over a wider selection of firms by coming into compliance with their requirements.
“Obtaining DTC eligibility continues to demonstrate JNC’s’ commitment to increasing visibility and accessibility for all of our current and potential shareholders in the United States,” stated CEO, Michael Mulberry. “We anticipate that DTC’s platform will enhance liquidity and increase trading volume for JNC appealing to a broader range of investors in the United States.”
About JNC Resources Inc.
JNC Resources is a North American mining exploration company. Our goal is to develop under-explored properties, benefit from deal flow generated by our strategic partnerships and growth opportunities. Currently JNC is developing our 100% optioned project in South Central British Columbia. The Triple 9 project consists of Gold properties with a new discovery of high levels of base metals, located 20 km outside the town of Sicamous. JNC will be actively exploring new projects and expanding its portfolio with projects that fulfill the requirements of our seasoned leadership team and continue to maximize shareholder value.
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