Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Increases Investor Liquidity Options with DTC Eligibility

PLUS recently announced DTC Eligibility for the U.S. Market Company’s recent IPO raised C$20 million Company plans to use proceeds to expand its operations in California

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has just made it easier for investors to trade its securities. The company recently announced that its shares are now Depository Trust Company (DTC) eligible (http://nnw.fm/gJu6q). DTC eligibility will allow Plus Products shares to be deposited into a DTC account, from which they can be transferred between brokers and transfer agents. Having an intermediary like DTC handling transfers ensures a high level of integrity and accuracy, since DTC acts as both custodian and clearing house. In addition, eligibility provides access to other DTC services, such as its FAST system and DWAC transactions. By making trading and transfers easier, DTC eligibility increases market liquidity, fulfilling an essential function of securities markets: access to and exit from investments. DTC, with over $35 trillion worth of securities on deposit, is the largest securities depository in the world.

This will likely be reassuring news for the many investors who took part in Plus Products’ recent public share offering. Late last year, the company successfully completed an initial public offering (IPO) of 6,153,847 subordinate voting shares at a price of…

Read More>>

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

Italian envoy confirms deaths of 2 climbers in Pakistan

Mar 24, 2019

ISLAMABAD — Two European mountain climbers who went missing on the Pakistani mountain Nanga Parbat, the world's ninth-tallest, were confirmed dead Saturday by Italy's ambassador to Pakistan. Ambassador Stefano Pontecorvo tweeted that the search for Italian Daniele Nardi and Briton Tom Ballard ended after a team confirmed that silhouettes spotted at a height of about 5,900 meters (19,356 feet) were the bodies of the two climbers missing since Feb 24. Karrar Haidri, secretary of the Pakistan Alpine Club, said Pakistani authorities had done all they could to find the climbers. Pakistan dispatched helicopters carrying four rescuers led by Spanish mountaineer...

Pakistan: Search for 2 missing European climbers called off

Mar 24, 2019

ISLAMABAD — The intense search for two European climbers who went missing over a week ago in bad weather on the world's ninth-highest mountain in Pakistan was called off on Wednesday, after a Spanish-Pakistani search team lost hope of finding any trace of the pair. Karrar Haidri, the secretary of the Alpine Club of Pakistan, told The Associated Press that it was not an easy but "a very painful decision" to take after the rescuers tried everything they could — including flying out drones — to find the two. Earlier in the day, hopes had started fading for finding Italian...

The Latest: Search for missing European climbers called off

Mar 24, 2019

ISLAMABAD — The Latest on the missing European climbers in Pakistan (all times local): 5:30 p.m. A Pakistani mountaineering official says a Spanish-Pakistani rescue team has called off the search for European climbers who went missing over a week ago on the world's ninth-highest mountain. Karrar Haidri, secretary of the Alpine Club of Pakistan, says the search team decided to end its efforts after another unsuccessful day on Wednesday. He says it's a very painful decision to make. Italian Daniele Nardi and Briton Tom Ballard went missing over a week ago on Pakistan's Nanga Parbat, known as "Killer Mountain." Haidri...

Drones search for Italian, Briton missing on Pakistan peak

Mar 24, 2019

ISLAMABAD — Armed with drones, Spanish and Pakistani mountaineers searched Tuesday despite diminishing hopes for two European climbers who went missing over a week ago on the world's ninth-highest mountain in bad weather, officials said. The search for Italian Daniele Nardi and Briton Tom Ballard, missing for more than a week on Nanga Parbat — known as "Killer Mountain" because of its dangerous conditions — produced no leads on Monday, increasing fears the pair may have perished. Though the latest search by rescuers remained unsuccessful, the operation was likely to continue Wednesday. Karrar Haidri, the secretary of the Alpine Club...

Police: 5 children die of food poisoning in Pakistan

Mar 24, 2019

KARACHI, Pakistan — Pakistani police say five children have died of suspected food poisoning after their family had dinner at a restaurant in the country's south. Police official Ameer Shaikh said on Friday that the family of eight, from the southwestern city of Quetta, arrived in the port city of Karachi the previous night. He says they had dinner at a restaurant in Karachi's business district where the suspected food poisoning occurred. He says the family also had food while travelling to Karachi. Shaikh says the five children were 2 to 9 years of age. Their mother and her sister...

Search
Broaden News

Sign up now!

Recent Discovery will take you to the captivating developments in science, technology, and the universe around us. We deliver to you the latest news, theories, and developments in the world of science.

Contact us: sales[at]recentdiscovery.com