Tiger Gold Gains US DTC Eligibility, Engages ITG for Liquidity
Tiger Gold's common shares have gained approval for US electronic clearing and settlement through the Depository Trust Company, broadening access across US brokerages and accelerating trade settlement. The company has retained Independent Trading Group for market-making services at CAD 5,000 per month to boost liquidity and maintain orderly trading.
1. US Electronic Clearing Approval
Tiger Gold's common shares are now eligible for electronic clearing and settlement through the Depository Trust Company, enabling brokerage firms in the United States to process trades more efficiently and reducing settlement times.
2. Market-Making Services Engagement
The company has engaged Independent Trading Group (ITG) to provide market-making and liquidity provision services under a month-to-month agreement at CAD 5,000 per month. ITG specializes in high-quality liquidity provision, algorithmic execution, and maintaining orderly trading markets for public issuers.
3. Company Background and Strategic Implications
Tiger Gold is advancing the Quinchía Gold Project in Colombia, a multi-million-ounce asset over which it holds an option to acquire 100% interest. Enhanced liquidity and broader investor access aim to support ongoing exploration and project advancement efforts.