Okapi Resources Ltd approved for real-time electronic clearing and settlement in the United States

Today’s announcement means North American investors will benefit from simplified trading and improved liquidity in OKR’s US-listed shares.

Okapi Resources Ltd (ASX: OKR) has achieved full-service eligibility and obtained DTC approval to enable real-time electronic clearing and settlement in the United States for its OTCQB-listed common stock by the intermediary of the Depository Trust & Clearing Corporation (DTCC).

Okapi obtained a secondary compliance listing on the OTCQB market with ticker code OKPRF in November 2021.

Today’s announcement means North American investors will benefit from simplified trading and improved liquidity in OKR’s US-listed shares.

Investors will find the company’s announcements automatically uploaded to the OTC platform.

The main advantages of stock trading (OTCQB:OKPRF) include:

  1. Enables real-time e-commerce in the United States;
  2. Transactions in the North American time zone and settlements in US dollars; and
  3. OKPRF is the same class of common stock as stocks traded on ASX (Okapi Resources Ltd (ASX:OKR)), not a synthetic.

Okapi Managing Director Andrew Ferrier said of this new development, “We are delighted to have secured DTC e-commerce, allowing Okapi shares to be traded in USD for the convenience of our shareholders. existing and new North Americans. This will simplify transactions and improve liquidity with a greater number of investors.

“This makes particular sense for Okapi, which is focused on developing uranium assets in North America.”

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