Global Energy Metals Corporation told investors that its common shares are now trading on the OTCQB Venture Marketplace under the symbol GBLEF after it received approval from the trading platform.
The company said trading on the OTCQB will increase its exposure to US capital markets seeking battery metal investment.
The OTCQB Venture is a US trading platform that is operated by the OTC Markets Group headquartered in New York. Global Energy Metals said its common shares will continue to trade on the TSX Venture Exchange under its symbol GEMC as well as on the Frankfurt Exchange, under its symbol 5GE1.
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Global Energy Metals said with the US currently seeking domestic representation for the metals critical to a zero-carbon economy, it believes its multi-jurisdictional US footprint hosting strategic metals such as copper, cobalt, silver and nickel is an important milestone in providing US investors with a more accessible opportunity to take part in its growth. The OTCQB cross trading is a step to achieving that, the company added.
“We have experienced considerable growth in our business over the past year reaching several major accomplishments including the acquisition of several US-based battery metal projects,” president and CEO Mitchell Smith said in a statement.
“We are looking to continue to carry this momentum forward as we execute on our three-pillar strategy of project exploration and development, peer-based collaboration, and accretive M&A.”
The OTCQB Market is the premier marketplace for early-stage and developing US and international companies that are committed to providing a high-quality trading and information experience for their US investors.
The OTCQB quality standards provide a strong baseline of transparency as well as the technology and regulation to improve the information and trading experience for investors.
Contact the author at stephen.gunnion@proactiveinvestors.com