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Tidal Royalty hoping shares will resume trading on OTC markets shortly

After the close yesterday (September 10), the OTC ceased listing the shares under the symbol TDRYF
Tidal Royalty hoping shares will resume trading on OTC markets shortly
Tidal Royalty is hoping to get its shares trading again soon

Tidal Royalty Corp. (CSE:RLTY, OTC:TDRYF) is working to get its shares trading again soon on the OTC markets.

After the close yesterday (September 10) the OTC ceased listing the shares under the symbol TDRYF due to an issue with the firm's predecessor.

Namely, Elkhorn Gold Mining Corp filed a registration statement with the U.S. Securities Exchange Commission (SEC) as a foreign private issuer.

Elkhorn stopped filing its required periodic filings with the SEC in 1999 and as a result, the SEC issued an order on October 12, 2010, revoking the registered securities of Elkhorn.

"The company operated under the name Elkhorn Gold Mining Corp. between February 1999, to October 2011, under a different management and board of directors," explained Tidal Royalty.

As a result, brokers in the US are currently unable to effect transactions in the U.S. markets under the trading symbol TDRYF."

But it added that Tidal Royalty's shares continue to trade publicly on the Canadian Securities Exchange under the symbol RLTY.U.

"Tidal Royalty is working with the relevant U.S. regulatory authorities to address this matter and is hopeful that, as the deficiencies do not pertain to the present-day company, its common shares will resume trading on the OTC Markets shortly."

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