Australian Mines Limited (Australian Mines or the Company) (ASX: AUZ; USA OTCQB: AMSLF) is pleased to announce that the Company’s shares can now be traded on the OTCQB Market in the United States of America under the symbol AMSLF.
Australian Mines’ shares will continue trading on the Australian Securities Exchange (ASX) under its existing symbol AUZ.
The OTCQB Market is a well-established, investor-focused US market place, where listed companies must be current in their reporting and undergo an annual verification and management certification process.
Australian Mines’ Managing Director, Benjamin Bell, commented, “There has been a great deal of interest from global investors in the battery and technology metals space as a result of the burgeoning electric vehicle and energy storage sectors, and its reliance on commodities including cobalt and nickel.
“The Company’s recent signing of a binding off-take agreement with industrial conglomerate, SK Innovations, has put Australian Mines firmly on the radar of some of the world’s largest fund managers, and trading on the OTCQB market will allow us to leverage this high level of interest from investors by providing them with greater accessibility to our securities in a highly liquid market place.”
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