Clip Money Inc. (“Clip Money” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce that its common shares are now DTC service eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States.

With DTC eligibility, existing investors benefit from potentially greater liquidity, faster trade execution speeds, and precise settlement of trades. As many broker-dealers and banks require DTC eligibility, the Company’s common shares are now accessible to new investors that may have previously been unable to access them.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic clearing and settlement for publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered to be “DTC Eligible”.

On September 1, 2022, the Company announced that it had received approval from the OTC Market Group Inc. to commence trading on the OTCQB Venture Market under the symbol “CLPMF”. Trading on the OTCQB Venture Market commenced on September 1, 2022. Clip Money’s common shares also continue to trade on the TSX Venture Exchange.