PALM BEACH GARDENS, Fla.,
April 21, 2015 /PRNewswire/
-- GOLDEN AGE RESOURCES, INC. (OTC: GDAR) announced today
that the Company has secured DTC Eligibility by The Depository
Trust Company for its shares on the OTC effective April 14, 2015.
The Depository Trust Company (DTC) is a subsidiary of the
Depository Trust & Clearing Corporation 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
stock and cash, and thus accelerates the settlement process for
investors.
Terence Byrne, CEO of Golden Age
Resources, Inc., stated, "We are very pleased to have obtained DTC
eligibility status. Electronic trading has become essential
in today's financial markets, and becoming DTC eligible with
full-reporting greatly simplifies the process of trading our common
stock, enhances trading efficiency and security, and lowers
transaction cost and risk."
In addition to this news, the Company is also pleased to
announce that it has completed the financial auditing process to
begin the transition from the OTC Markets Pink Sheets to the
OTCQB.
Golden Age has retained Securities Compliance Group, LTD, a
leading provider of legal services, to assist in the auditing of
its financials as well as other auditable business items in
achieving full-reporting OTCQB issuer status. The Company is
actively working to uplist Golden Age Resources as soon as possible
and management is pleased to have Securities Compliance Group
onboard in doing their part to help bring the company to the next
level of transparency and compliance.
About Golden Age Resources, Inc.
Golden Age Resources, Inc. is dedicated to the construction and
development of "Green" energy power solutions, the production of
clean power with a low carbon footprint, financing solutions and
investments into renewable projects, as well as combinations of
both wind and solar energy systems in Latin America and Mexico.
GDAR, organized as a Nevada Company, has re-directed its core
business to technology and Latin American and International solar
energy markets providing project development, medium and long-term
finance solutions and investments into solar energy related
projects. This re-direction promises enhanced corporate and
shareholder values.
For more information about Golden Age Resources, Inc., visit the
Company's corporate website: http://www.gdarinc.com.
Forward Looking Statements: This press release contains "forward
looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such forward
looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. Such
statements are subject to risks and uncertainties that could cause
future results to differ materially from the forward looking
statements. You should consider these factors in evaluating the
statements herein and not rely on such statements. The forward
looking statements in this release are made as of the date hereof
and Golden Age Resources, Inc. undertakes no obligation to update
such statements.
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SOURCE Golden Age Resources, Inc.
