SIERRA IRON ORE SECURES DTC ELIGIBILITY
Sierra Iron Ore Corp. has secured DTC eligibility by the Depository Trust Company for its shares on the OTC effective Nov. 18, 2013. The Depository Trust Company is a subsidiary of the Depository Trust & Clearing Corp. (DTCC), and manages the electronic clearing and settlement of publicly traded companies. 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...
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