Makenita Resources Gains DTC Eligibility and Prepares for Drilling in Ontario

Makenita Resources, Inc. ( (TSE:KENY) ) has issued an announcement.

Makenita Resources Inc. has achieved full DTC eligibility for its U.S. trading symbol KENYF, enhancing the company’s visibility and accessibility to U.S.-based investors. This development allows for more efficient trading of its shares, reducing settlement risks and administrative delays, and supports the company’s targeted U.S. marketing efforts. Additionally, Makenita has applied for a drill permit for its maiden drilling program at the Hector Silver/Cobalt Property in Ontario, which is expected to commence soon, pending regulatory approval. These strategic moves are aimed at attracting new shareholders and leveraging the rising silver prices and exploration potential of its project.

More about Makenita Resources, Inc.

Makenita Resources Inc. is a company engaged in the exploration of mineral properties, primarily focusing on silver and cobalt. It holds the Hector Silver/Cobalt Property in Ontario, Canada, which spans 126 unpatented mineral claims over 2,243 hectares in a mineral-rich region, offering significant exploration potential.

Average Trading Volume: 59,561

For detailed information about KENY stock, go to TipRanks’ Stock Analysis page.