HomeBattery metalsIronRidge Resources begins trading on OTCQX Best Market

IronRidge Resources begins trading on OTCQX Best Market

IronRidge has announced that the Company’s ordinary shares will today begin trading on the OTCQX Best Market (OTCQX) trading platform in the USA, under the ticker “IRRLF”. 

The Company’s objective in trading its shares on the OTCQX market is to provide more efficient access to a new and materially larger pool of prospective US investors.

OTCQX is in the top tier of OTC markets and trades companies, including blue-chip level companies, which are not listed on traditional exchanges in the USA. Companies traded on the OTCQX market have to follow certain rules and criteria and are subject to their home market regulation, in this instance the AIM market of the London Stock Exchange plc in the U.K.

READ MORE ABOUT IRONRIDGE RESOURCES

The Company believes that establishing trading on the OTCQX Market, under the ticker symbol “IRRLF”, is a natural step forward to address international interest in listed lithium companies and will potentially provide enhanced investor benefits, including easier access in the United States, and greater liquidity.

B. Riley Securities, Inc. acted as the Company’s OTCQX sponsor.

Commenting, Vincent Mascolo, CEO of IronRidge, said: 

“The United States is home to some of the world’s most influential resources sector investors. By joining OTCQX, we now have an effective platform from which to reach a significantly larger investor audience.

“Following the transformative agreement with Piedmont Lithium Inc. to fast track and fully fund the Company’s Ewoyaa Lithium Project to production, we believe there is wider interest in IronRidge’s projects and shares outside of the UK.

“We therefore look forward to providing investors in both the UK and the United States with regular progress updates at this exciting and pivotal time for the Company.”

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