HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) today begins trading on the OTCQB Venture Market. in the United States, under the ticker ‘HHEXF’.
The OTCQB listing is intended to improve access for US investors and may provide increased liquidity.
This new listing comes as Helix is advancing its helium assets in Montana.
It means US-based investors will be able to trade shares in dollars during local market hours.
“We look forward to welcoming U.S. investors to Helix at a pivotal moment for the company, as we progress from explorer to developer and prepare to commence production at our Rudyard project in Montana,” chief executive Bo Sears said in a statement.
“With the helium market undergoing major structural challenges, our near-term production, strong reservoir performance, and low-cost operating model uniquely position Helix as large domestic source of helium".
It does not affect the company’s AIM listing, which continues under the symbol ‘HEX’, and, no new shares were issued as part of the process.