VANCOUVER, British Columbia, Feb. 20, 2018 (GLOBE NEWSWIRE) — Cameo Resources Corp. (TSX Venture:CRU) (OTC:CRUUF) (FWB:SY7D) (the “Company” or “Cameo Resources”) is pleased to announce that FINRA has granted the Company a new trading symbol, CRUUF. Effective February 20th, Cameo will trade as CRUUF on all applicable OTC marketplaces. The new symbol will better reflect Cameo’s business, as well as the Company’s investments within the resource space.
In addition, Cameo is in the process of applying for eligibility for book-entry delivery and depository services of the Depository Trust Company (“DTC”) to facilitate electronic settlement of transfers of its common shares 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. DTC eligibility will also assist to enhance the Company’s potential investor base, as well as improve convenience for current and future shareholders.
The DTC is a subsidiary of the Depository Trust and Clearing Corporation (DTCC) and manages the electronic clearing and settlement of securities of publicly traded companies in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered DTC eligible. Cameo shall provide confirmation when and if DTC eligibility has been granted for its common shares.
Cameo is also listed on the Börse Frankfurt under the symbol, SY7D. The Company’s tri-listing contributes to a genuine global presence and affords investors preeminent access to trading liquidity.
On behalf of the Board of Directors,
CAMEO RESOURCES CORP.
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