Affinor Growers Announces DTC Approval
Affinor Growers (“Affinor” or the “Corporation) announced that the common shares of the Company (CSE:AFI)(FRANKFURT:1AF)(OTCQB:RSSFF) have been made eligible for book-entry delivery and depository services of The Depository Trust Company (the “DTC”) to facilitate electronic settlement of transfers of its common shares in the United States.
DTC Eligibility means that a public company’s securities can be deposited through DTC. DTC is the largest securities depository in the world and holds over thirty-five trillion dollars worth of securities on deposit.
“The ability to have AFI shares traded electronically in the US is more convenient and lowers the costs incurred in trading shares,” said Nick Brusatore, Executive Chairman of Affinor Growers. “With our shares now trading electronically, investors can instantly benefit from greater liquidity and faster execution speeds. We are excited that new investors that may have been restricted from our stock, can now participate.”