Empire Metals Ltd (AIM:EEE, OTCQB:EPMLF) told investors that its shares have been approved for trading on the OTCQB Market in the United States, where it will trade under the ticker EMPLF.
The cross-trading on OTCQB is expected to increase access for US investors, enhance liquidity, and broaden the global investor base.
Investors in the United States will be able to trade Empire Metals shares in US dollars during US market hours. The company's listing on AIM in the UK remains unaffected, and no new shares have been issued.
"Trading on OTCQB opens Empire Metals to a new and diverse pool of potential investors in the US, who are keen for exposure to strategic metals,” chief executive Shaun Bunn said.
He added: “Trading on the OTCQB is an important component of this vision as we take Pitfield to the international stage, offering investors a significant and responsibly sourced pathway to gain exposure to this high-growth and strategically important commodity.
“The company will be presenting to investors in the US next week, as well as presenting at the Critical Minerals North America conference on 20 March, and we are delighted to provide US investors with the opportunity to invest in Empire Metals."
Bunn, meanwhile, highlighted that titanium is on the critical minerals list in many countries, including the United States.
“The growing global demand for titanium, particularly in industries like defence and aerospace, underpins our objective to accelerate development at our Pitfield Project, the world's largest known titanium discovery, towards commercialisation,” he said.
“Empire Metals is working to become an industry disruptor by producing high-value titanium pigments and/or titanium metal from a Tier 1 mining jurisdiction in Australia, which we believe will drive strategic interest internationally from investors and consumers alike.”