Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) announced that its stock will begin trading on the OTCQB Venture Market in the US today under the symbol ‘ELECF’ after qualifying for listing on the OTC Markets Group-operated stock exchange.
Electric Royalties said to be eligible for trading on the OTCQB Venture Market, companies must be current in their reporting and undergo an annual verification and management certification process.
“The OTCQB eligibility will allow us to expand our audience and activate our shareholder base in the US market as we continue to grow our portfolio of battery minerals royalties,” Electric Royalties CEO Brendan Yurik said in a statement.
READ: Electric Royalties inks deal to acquire a 1% NSR on the Cancet lithium project in Quebec
“I look forward to introducing the company's exciting story to investors located in the US and am pleased that we have now made it easier for US investors to participate in our growth story,” Yurik added.
The company noted its common shares will continue to trade on the TSX Venture Exchange under the symbol ‘ELEC’.
It added an application for the Depository Trust & Clearing Corporation (DTCC) eligibility is currently pending and once complete, will further facilitate electronic clearing and settlement of the company's common shares in the US.
Investors can find real-time level 2 quotes and market information at www.otcmarkets.com/stock/ELECF/overview.
Electric Royalties is a royalty company established so that investors can participate in the demand for commodities, such as lithium, vanadium, manganese, tin, graphite, cobalt, nickel and copper, which will benefit from the global drive toward electrification of a variety of consumer products, including cars, rechargeable batteries, large scale energy storage, and renewable energy generation.
Contact Sean at sean@proactiveinvestors.com