West Wits Mining Ltd (ASX:WWI) has secured Depository Trust Company (DTC) approval to allow real time electronic clearing and settlement in the US.
Following its secondary quotation on the OTCQB market, trading under ticker code WMWWF, the company’s common shares can now be cleared and settled in real time after it completed full-service eligibility from the DTCC.
Read: West Wits Mining now trading on the OTCQB
The company has been busy over the last few weeks, not only completing its OTCQB listing but also increasing its ownership in the Witwatersrand Basin Project (WBP) in South Africa to 74% in a move that will increase WWI’s direct ownership and simplify the corporate structure.
It also recently entered into an equity financing facility with SBC Global Investment Fund to raise up to $75 million.
Read: West Wits Mining shares surge after securing equity financing facility to raise up to $75 million