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Global Energy Metals lists shares on OTCQB venture market for more exposure in US

Last updated: 18:42 20 Feb 2018 GMT, First published: 13:42 20 Feb 2018 GMT

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The listing will bring added access to institutional and retail investors, the firm said

Global Energy Metals Corp (CVE:GEMC, OTCQB:GBLEF) shares have been listed on the  OTCQB venture market under the symbol GBLEF.

The OTCQB is a US trading platform operated by the OTC Markets Group in New York.

"Global Energy Metals' expansion into the US securities markets is part of our long-term strategy that brings our company substantially added access to institutional and retail investors," said Mitchell Smith, president and chief executive at Global Energy.

"We are confident that our listing on this transparent trading platform can significantly enhance liquidity for our shareholders and extend investor awareness of our company throughout the US"

Global Energy Metals is advancing its Millennium cobalt project in the Mt. Isa district of Queensland, Australia.

It also owns the high-grade Werner Lake cobalt project in Ontario, Canada, and has entered into a joint venture with Marquee Resources of Australia to advance that historic project.

The company's shares will continue to trade on the TSX venture exchange under the symbol GEMC as well as the Frankfurt exchange under the symbol 5GE1.

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on 20/3/20