QUEENSLAND GOLD HILLS ANNOUNCES RECEIVES DTC ELIGIBILITY IN THE UNITED STATES
Queensland Gold Hills Corp. (TSX.V:OZAU)(FSE:MB3)(OTCQB:MNNFF) (“Queensland” or the “Company“), is pleased to announce that its US-based OTC Markets listing under the symbol “MNNFF” has received confirmation from the Depository Trust Company (“DTC”) that its common shares are now eligible for electronic clearing and settlement through DTC in the United States.
Queensland Gold Hills Corp.’s CEO, Blair Way, welcomed this development. “Today’s news is an important milestone towards broadening our market presence across the United States. DTC eligibility allows current and prospective shareholders of Queensland Gold Hills Corp. a reliable, cost-efficient, and timely method for the clearing and settlement of our common shares, and positions US investors to participate in our Company’s exciting growth.”
The DTC is a subsidiary of The Depository Trust & Clearing Corporation that manages the electronic clearing and settlement of publicly traded companies in the United States. This electronic method of clearing securities accelerates the settlement process for investors and brokers, enabling securities to be traded over a much wider selection of brokerage firms in the United States. DTC is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the U.S. Securities and Exchange Commission.
About Queensland Gold Hills Corp.
Queensland Gold Hills is focused on conducBng modern systemaBc exploraBon in the historic goldfields of Queensland, Australia. CollecBvely, the Big Hill Gold Project and the Titan Project cover 54 historic mines in the Talgai Goldfields of the broader Warwick-Texas District.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Blair Way, Chief Executive Officer & Director
Telephone: 1 (800) 482-7560
You can follow the Company on its social media feeds:
Linkedin: Queensland Gold Hills Corp
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Property or the future exploration endeavors of Queensland Gold Hills. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, but are not limited to, the risk that the Proposed Transaction, the Offering and resulting name change may not be completed as set out herein or at all, and the inability of the Company to execute and raise funds necessary to complete its planned future activities and proposed business plans.
This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.