European Lithium Ltd (ASX:EUR, OTCQB:EULIF) shares have started trading on the OTCQB, a US trading platform that is operated by the OTC Markets Group Inc. (OTCQX:OTCM) in New York, US.
EUR executive chairman Tony Sage said: “We’re actively engaging with US investors and institutions who have expressed strong interest in the company and its projects.
“We believe that providing a convenient and transparent trading platform for US investors to directly access our shares will improve liquidity and broaden awareness of the company among mature and sophisticated investors with strong interest in lithium.”
OTCQB Venture Market
The OTCQB Venture Market offers investors transparent trading in entrepreneurial and development stage US and international companies.
To qualify for the OTCQB, companies must meet high financial and securities reporting standards, pass a bid test, and undergo annual verification.
Critical lithium supply for the EU green energy revolution
EUR is focused on developing the advanced Wolfsberg Lithium Project in Austria to production and securing critical local lithium supply for the EU green energy revolution from Wolfsberg and assets in Ukraine.
The company’s primary listing remains on the Australian Securities Exchange under the symbol EUR with a secondary quotation on the OTCQB under the symbol EURIF, and Frankfurt Stock Exchange under symbol PF8.
Viriathus Capital LLC acted as the company’s OTCQB advisor and B. Riley Securities, Inc. acted as the company’s OTCQB sponsor.