Mineros S.A. ($MNSAF) has confirmed that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (DTC).
DTC eligibility streamlines the trading process, making it more efficient for investors and brokers. As a subsidiary of the Depository Trust & Clearing Corporation (DTCC), DTC handles electronic clearing and settlement for publicly traded companies. With DTC eligibility, Mineros' shares can now be traded across a wider network of brokerage firms, accelerating the settlement process and improving access for a broader range of investors. This eligibility represents a central component of the Company’s capital markets strategy, aimed at modernizing share transfer protocols and enhancing market efficiency for North American investors.
“Attaining DTC eligibility is a significant milestone in our efforts to broaden the Company’s investor base,” stated Daniel Henao, President and Chief Executive Officer of Mineros. “By optimizing the electronic trading environment, we are improving share accessibility and strengthening the liquidity profile of Mineros across international public markets.”
Strategic Implications for Shareholders
The transition to DTC eligibility removes the administrative requirements associated with the physical handling of stock certificates, offering several institutional advantages.
Mineros is a leading Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua and a pipeline of development and exploration projects throughout the region, including the La Pepa Project in Chile.
With over 50 years of operating history, Mineros maintains a strong focus on safety, sustainability, and disciplined capital allocation. Its common shares are listed on the Toronto Stock Exchange (MSA) and the Colombia Stock Exchange (MINEROS), and trade on the OTCQX® Best Market under the symbol MNSAF.
Election of Directors – Electoral Quotient System
The Company has been granted an exemption from the individual voting and majority voting requirements applicable to listed issuers under Toronto Stock Exchange policies, as compliance would breach Colombian laws mandating that directors be elected based on a slate of nominees proposed under an electoral quotient system. For more information, please visit the Company’s most recent annual information form, available on the Company’s website at https://www.mineros.com.co/ and from SEDAR+ at www.sedarplus.com.
This news release contains “forward-looking information” as defined by applicable securities laws. Such information includes statements that utilize forward-looking terminology such as “may,” “could,” “would,” “will,” “should,” “intend,” “target,” “plan,” “expect,” “estimate,” “anticipate,” “believe,” “continue,” “potential,” or variations thereof. Forward-looking information includes, without limitation, statements regarding improved liquidity, simplified trade execution, and broader investor access.
Forward-looking information is based on management's estimates and assumptions, considering current conditions and expectations. Factors including future gold prices, production costs, regulatory stability, and other external conditions are relevant. While these assumptions are deemed reasonable, they are inherently subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.
For further details on these risk factors, please refer to the “Risk Factors” section of the Company’s annual information form dated March 31, 2025, available on SEDAR+ at www.sedarplus.com.
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