Xigem Technologies Announces Eligibility for DTC Enabling Electronic Settlement of Transactions in the United States
Toronto, Ontario – (Newsfile Corp. – September 8, 2021) – Xigem Technologies Corporation (CSE: XIGM) (OTCQB: XIGMF) (FSE: 2C1) (“Xigem“or the”Society“), a technology provider to the emerging remote economy, is pleased to announce that its common stocks are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (” DTC “).
Eligibility for DTC is expected to simplify the trading process and improve the liquidity of Xigem’s common stock in the United States. The Company’s shares recently started trading on the OTCQB® Risk market (“OTCQB“) under the symbol XIGMF.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a US company that manages electronic clearing and settlement of publicly traded companies. Securities eligible for electronic clearing and settlement through DTC are considered “DTC eligible”. This electronic method of securities clearing speeds up receipt of stocks and cash, and thus speeds up the settlement process for investors and brokers, allowing stocks to be traded on a much wider selection of brokerage firms by complying. to their requirements.
The Company’s common shares are traded on the Canadian Stock Exchange under the symbol “XIGM”, on the OTCQB under the symbol XIGMF and through the Deutsche Börse group under the symbol “2C1”. Investors can find trading information and statistics on Xigem at: www.otcmarkets.com, www.boerse-frankfurt.de, www.tradegate.de and thecse.com.
About Xigem Technologies Corporation
Based in Toronto, Ontario, Xigem is well positioned to become a leading technology provider to the emerging nearly trillion dollar remote economy, with software capable of improving capacity, productivity and operations. global remote for businesses, consumers and other organizations. iAgent, the Company’s patented technology, will provide organizations, businesses and consumers with the tools to thrive in a wide range of remote work, learning and processing environments, as the Company seeks to aggregate a portfolio of innovative technologies capable of disrupting traditional business models.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain information contained in this press release constitutes forward-looking statements under applicable securities laws. All statements contained in this press release that are not statements of historical fact can be considered as forward-looking statements. Forward-looking statements are often identified by words such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms. and similar expressions. In particular, the forward-looking statements contained in this press release include, without limitation, statements regarding the improvement of liquidity, valuation, visibility or investor awareness. Forward-looking statements necessarily involve known and unknown risks and uncertainties which could cause actual results to differ materially from those expressed or implied in such forward-looking statements. These risks and factors include, without limitation, the inability of the Company to obtain or maintain regulatory, market and / or other approvals necessary to continue its business activities as proposed. Although management believes that the expectations and assumptions upon which this forward-looking information is based are reasonable, readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they merge are placed will occur. This information, although considered reasonable by management at the time of its preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements included in this press release are made as of the date of this press release and the Company does not undertake to publicly update these forward-looking statements to reflect new information, subsequent events or otherwise, unless applicable securities do not require it. laws. Forward-looking statements, forward-looking financial information and other measures presented in this document are not intended as indications or projections for the periods mentioned in this document or any future period, and in particular, past performance is not any indicator of future results and of the results of the Company in this press release may not be indicative and does not constitute an estimate, forecast or projection of the future results of the Company. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Neither the Canadian Securities Exchange nor its market regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Xigem Technologies Corporation
On behalf of the company:
Brian Kalish, Managing Director
For more information:
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