Insightful Trader Tips
  • Finances
  • World News
  • Investing
  • Stock
Investing

SAGA Metals Completes OTCQB Listing and Receives DTC Eligibility

by December 9, 2024
December 9, 2024

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that its common shares are now eligible to trade on the OTCQB under the symbol ‘SAGMF’ and that it has received approval from the Depository Trust Company (‘DTC’) to make the shares eligible to be electronically cleared and settled (‘DTC Eligibility’).

The OTCQB is a leading market for early-stage and developing U.S. and international companies. Recognized as an established public market by the U.S. Securities and Exchange Commission and operated by OTC Markets Group, Inc., the OTCQB has helped companies build considerable shareholder value including enhanced liquidity and valuation. Investors may benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.

DTC is a subsidiary of the Depository Trust and Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly traded companies. DTC Eligibility incorporates an electronic method of clearing securities that speeds the receipt of stock and cash, and thus accelerates the settlement process for certain investors. DTC Eligibility simplifies the process of trading and transferring SAGA shares between brokerages in the United States.

Mike Stier, CEO & Director of Saga Metals Corp. commented: ‘Today’s news positions SAGA to engage with confidence, purpose and consideration more meaningfully with current and future investors. This is an important milestone towards broadening our market presence across the United States as we engage with this significant shareholder audience. Listing on the OTCQB will provide heightened transparency and visibility to the investment community. DTC eligibility allows current and prospective shareholders of SAGA a reliable, cost-efficient, and timely method for clearing and settlement of our common shares.’

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of critical minerals that support the global transition to green energy. The company’s flagship asset, the Double Mer Uranium Project, is located in Labrador, Canada, covering 25,600 hectares. This project features uranium radiometrics that highlight an 18-kilometer east-west trend, with a confirmed 14-kilometer section producing samples as high as 4,281ppm U 3 O 8 and spectrometer readings of 22,000cps.

In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.

SAGA also holds secondary exploration assets in Labrador, where the company is focused on the discovery of titanium, vanadium, and iron ore. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

For more information, contact:
Saga Metals Corp.
Investor Relations
Tel: +1 (778) 930-1321
Email: info@sagametals.com
www.sagametals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service 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 Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s OTC Markets listing and DTC eligibility. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s Prospectus filed under its profile at www.sedarplus.ca and in the continuous disclosure filings made by the Company with securities regulations from time to time. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com
previous post
Trillion Energy Restates 2023 Year Financial Statements
next post
Syntheia Commences SOC 2 Type I Certification, Reinforcing Commitment to Data Privacy and Security

Related Posts

Brunswick Exploration Completes Brokered Private Placement for Gross...

May 30, 2025

Juggernaut Files for Final Approval of Oversubscribed Financing

May 30, 2025

Quimbaya Gold Inc. Announces Participation in THE Mining...

May 30, 2025

Charbone Hydrogen Announces Q1 2025 Financial Results

May 30, 2025

Charbone Hydrogene annonce les resultats financiers T1 2025

May 30, 2025

NVIDIA Rallies After Strong Q1, AI Demand Outshines...

May 31, 2025

Top 5 Canadian Mining Stocks This Week: Adyton...

May 31, 2025

Appeals Court Grants Trump Temporary Reprieve on Tariffs,...

May 30, 2025

Ontario Backs Down on Key Bill 5 Provisions,...

May 30, 2025

1911 Gold Temporarily Suspends Operations at True North...

May 30, 2025

Brunswick Exploration Completes Brokered Private Placement for Gross...

May 30, 2025

Juggernaut Files for Final Approval of Oversubscribed Financing

May 30, 2025

Quimbaya Gold Inc. Announces Participation in THE Mining...

May 30, 2025

Charbone Hydrogen Announces Q1 2025 Financial Results

May 30, 2025

Charbone Hydrogene annonce les resultats financiers T1 2025

May 30, 2025

NVIDIA Rallies After Strong Q1, AI Demand Outshines...

May 31, 2025

Top 5 Canadian Mining Stocks This Week: Adyton...

May 31, 2025

Appeals Court Grants Trump Temporary Reprieve on Tariffs,...

May 30, 2025

Ontario Backs Down on Key Bill 5 Provisions,...

May 30, 2025

1911 Gold Temporarily Suspends Operations at True North...

May 30, 2025

Investing

  • NVIDIA Rallies After Strong Q1, AI Demand Outshines China Export Hit

    May 31, 2025
  • Top 5 Canadian Mining Stocks This Week: Adyton Sparkles with 97 Percent Gain

    May 31, 2025
  • Appeals Court Grants Trump Temporary Reprieve on Tariffs, “TACO” Taunts Gain Steam

    May 30, 2025
  • Ontario Backs Down on Key Bill 5 Provisions, Echoes BC’s Mining Debate

    May 30, 2025
  • 1911 Gold Temporarily Suspends Operations at True North Complex due to Bissett Evacuation Order

    May 30, 2025

Disclaimer: InsightfulTraderTips.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InsightfulTraderTips.com All Rights Reserved.

    Insightful Trader Tips
    • Finances
    • World News
    • Investing
    • Stock
    Insightful Trader Tips
    • Finances
    • World News
    • Investing
    • Stock
    Copyright © 2025 InsightfulTraderTips.com All Rights Reserved.