Hemlo Mining Corp. Achieves DTC Eligibility for U.S. Trading

Hemlo Mining Corp. has announced that its common shares have been approved for electronic clearing and settlement in the United States, facilitated by the Depository Trust Company (DTC).

The DTC eligibility is anticipated to simplify the trading process and improve the liquidity of the company's shares within the U.S. market. This change is designed to allow the company's shares to be traded through a wider network of brokerage firms, thereby accelerating the settlement process and increasing accessibility for a broader investor base.

"DTC eligibility removes a practical barrier for U.S. investors, allowing our shares to clear and settle electronically through a broader network of brokers," stated Jason Kosec, President, CEO & Director of Hemlo Mining. He added that this development aligns with the company's capital markets strategy to expand access for both institutional and retail investors.

Hemlo Mining Corp. is a Canadian gold producer focused on the Hemlo gold camp in northwestern Ontario. Its flagship asset, the Hemlo Gold Mine, has produced approximately 25 million ounces of gold since operations began in 1985.