TSX and OTCQB-listed Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy shares have started trading on the OTCQB in the United States under the trading symbol DSLEF.
“We are excited to begin trading on the OTCQB today. Listing in the United States, specifically in a marketplace designed to support growth-oriented companies, will assist Desert Lion in engaging with a broader network of North American investors, which plays an important role in the company’s capital markets program,” comments Desert Lion Energy president and CEO, Tim Johnston.
“We look forward to be a part of the OTCQB marketplace as we continue to advance our Phase I production plan.”
Desert Lion Energy is an emerging lithium development company focused on building Namibia’s first large-scale lithium mine to be located approximately 210 km from the nation’s capital of Windhoek.
Desert Lion Energy’s Rubicon and Helikon mines are located within a 301 km2 prospective land package, with known lithium bearing pegmatitic mineralization.
The company is currently in Phase 1 of its production plan, producing and exporting lithium concentrate from stockpiled material.
The project site is accessible year-round by road and has access to power, water, rail, port, airport and communication infrastructure.