MineHub Technologies (TSXV:MHUB) (OTCMKTS:MHUBF) Stock Moves Up After Key Update
Shares of MineHub Technologies (TSXV:MHUB) (OTCMKTS:MHUBF) closed with mild gains on Monday.
Market Stats
On Tuesday, MHUBF stock gained 3.47% to $0.74 with more than 28k shares, compared to its average volume of 1.9K shares. The stock has moved within a range of $0.7252 – 0.7400 after opening trading at $0.7252.
MineHub Receives DTC Eligibility
Open, enterprise-grade platform for digital trade, ensuring efficiency and security to mining and metals supply chains, MineHub Technologies (TSXV: MHUB) (OTCMKTS:MHUBF), on February 1, 2022, announced that common shares are eligible for electronic clearing as well as settlement through Depository Trust Company in the United States.
Receiving DTC eligibility along with the firm’s earlier announcement of trading on the OTCQB market in the United States will facilitate in increasing the firm’s potential to US investors as well as help broaden the investor base. This will ultimately improve liquidity across a number of jurisdictions.
The largest securities depository globally, DTC facilitates electronic settlement of stock certificate transfers in the United States. Shares of the firm, trading under the symbol MHUBF are eligible for electronic clearance and settled through DTC.
MineHub is a platform connecting several parties engaged in physical commodity transactions. This is done in a digitally integrated manner, operating on basis of shared information. This is secured through an enterprise blockchain network and users of the platform are in complete control of the supply chain. It enables users to optimize the use of resources, respond in a better and quicker manner to customer needs as well as have confidence in the security, resilience, and compliance of their operations.
