Renaissance Gold Inc. (TSX.V: REN / Pink: RNSGF) ("RenGold" or the "Company") is pleased to report that the common shares of the Company are now quoted for trading in the United States on the Pink Open Market under the trading symbol RNSGF. In addition, the Company's common shares are eligible for delivery and depository services of the Depository Trust Company (the "DTC") to facilitate electronic settlement of transfers of its common shares in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and greatly reduces transactional costs for participating stock brokerages. Investors can find the current Canadian financial disclosure of the Company on its profile on www.sedar.com.
Robert Felder, Chief Executive Officer, stated "the US quotation with DTC eligibility should enhance and simplify trading of our shares in the US. The Company is taking steps to graduate from the Pink Open Market to the OTCQB and will announce when the listing takes effect in the next few weeks."
About Renaissance Gold Inc.
Renaissance Gold Inc. is a western US focused prospect generator utilizing a joint venture business model. RenGold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire high quality precious metal exploration projects that are then offered for joint venture to industry partners who provide exploration funding. RenGold maintains a large portfolio of gold and silver exploration properties and has entered into over 60 exploration agreements including those as its predecessor, AuEx Ventures Inc., and those from Kinetic Gold. RenGold's objective is to place its projects into exploration agreements, testing as many drill targets as possible and providing maximum exposure to success through discovery.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that may be deemed forward-looking information or forward-looking statements within the meaning of applicable Canadian or U.S. securities laws and regulations . Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Renaissance Gold Inc. believes the expectations expressed in such forward looking statements made with respect to DTC eligibility and uplisting to the OTCQB are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. These forward-looking statements are based on the beliefs, estimates and opinions of Renaissance Gold Inc.'s management on the date the statements are made. Except as required by law, Renaissance Gold Inc. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.