Ramp Metals Receives DTC Eligibility, Completes Debt Settlements and Prepares to Build Camp
Ramp advances exploration logistics at Rottenstone SW through DTC eligibility and camp construction.
Ramp Metals Inc. announced that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (DTC), trading under the OTC symbol "RMPMF".
The company contracted JP Enterprises to construct a temporary exploration camp on Keith Lake, northern Saskatchewan, to serve as a base for future drilling on the Rottenstone SW property.
Outstanding accounts payable totaling $57,227.43 were settled by issuing 204,383 common shares at a deemed price of $0.28 per share.
Lab results remain pending for the Redridge, Runway, and Ranger targets from the spring 2026 drill program.
Ramp Metals Inc. (RAMP) has achieved DTC eligibility, a standard administrative milestone for OTC-listed companies that improves settlement efficiency and broadens access for U.S. brokerage firms without altering the company's geological status or financial position. Camp construction is proceeding as an expected operational follow-up to permit approvals and the initial drill program, facilitating future exploration with a minor capital outlay relative to the company's cash reserves. Additionally, the company settled debt previously announced in August 2026, involving a negligible amount paid via a small number of shares, which has no meaningful dilutive or financial impact. This news is incremental and aligns with the company's stated exploration roadmap, containing no new geological data, financing, or strategic shifts.
Ramp Metals Inc. is a grassroots exploration company focused on the Rottenstone SW property in northern Saskatchewan, Canada. The project targets Volcanogenic Massive Sulphide (VMS) deposits, primarily copper, zinc, and silver, with secondary gold and lead potential. The flagship Rush target has shown consistent VMS-style mineralization across multiple drill holes, with a confirmed strike length of approximately 250m and a newly identified "Deep Zone."
The company holds a 100% interest in the property, subject to a 2% NSR royalty, which is reducible to 1% for a $1M payment. Exploration strategy has shifted from airborne geophysics to integrated ground, borehole, and airborne data to improve targeting accuracy.