Barton Gold Holdings Limited (ASX:BGD), a South Australia-based gold mining company, has successfully registered with the Depository Trust & Clearing Corporation (DTCC), as announced by its Managing Director, Alex Scanlon, on Sunday. The registration follows Barton's secondary trading listing on the OTCQB market under the ticker 'BGDFF', which was sponsored by JWTT Inc.
The registration with DTCC, a subsidiary of DTC that oversees electronic clearing and settlement of public securities from over 130 countries, enables real-time electronic trading and settlement of Barton's BGDFF common shares in the United States. This development opens doors for North American investors to trade during normal market hours and settle transactions in US dollars.
Moreover, the registration ensures that BGDFF shares are equivalent to those listed on ASX, offering a convenient access to full-service and online US brokers such as Interactive Brokers (NASDAQ:IBKR), Ameritrade, Fidelity, Charles Schwab (NYSE:SCHW), and E-Trade.
Scanlon emphasized Barton's robust performance and noted an increase in international participation in their share register. Barton Gold Holdings Limited, located in central Gawler Craton, South Australia, is known for owning the only regional gold mill and boasts approximately 1.1 million ounces of Au JORC (2012) Mineral Resources.
The move is seen as part of Barton's strategy to attract North American investors and expand its international investor base.
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