Business
OTCQB Listing and Company Update
Altona Rare Earths PLC has announced its ordinary shares will commence trading on the OTCQB Venture Market in the United States on March 19, 2026, under the ticker ANRCF, complementing its recent $1.875 million grant from the U.S. Trade and Development Agency. This dual listing aims to broaden the company's shareholder base and enhance liquidity by providing North American investors easier access, aligning with its strategy to engage with the US critical minerals market. The company is also progressing operational updates at its Monte Muambe project, with assay results received and metallurgical test work underway for fluorspar and gallium extraction, supported by surging prices for rare earth elements and gallium, which have seen significant increases year-on-year. Disclaimer*
About this update from Altona Rare Earths Plc
[{"type":"text","content":"\n\n19 March 2026\n \n \nALTONA RARE EARTHS PLC\n(\"Altona\" or \"the Company\")\n \nOTCQB listing, strategic and operational update\n \nAltona Rare Earths plc (LSE: REE), the critical raw materials exploration and development company focused on Africa, is pleased to announce that its ordinary shares have been approved for cross-trading on the OTCQB Venture Market in the United States (\"OTCQB\"). Trading is set to commence on 19 March 2026 under the ticker ANRCF.\n \nThis dual quotation on a recognised US platform for growth companies is a direct and strategic complement to the Company's recent $1.875 million grant from the U.S. Trade and Development Agency (\"USTDA\"). Together, these milestones forge a direct pathway to engage with North American capital and strategic partners, significantly enhancing the Company's profile within the world's largest and most vibrant critical minerals market.\n \nOTCQB Listing: A Catalyst for US Engagement\n \nThe Board believes that admission to the OTCQB will be a key driver in broadening and diversifying the Company's shareholder base. By providing the same ease of access for North American institutional and retail investors as exists in the United Kingdom, this cross-trading facility is designed to enhance liquidity and increase Altona's visibility among potential partners seeking exposure to independent, secure sources of critical minerals, including rare earths and gallium. The Company's primary listing on the London Stock Exchange Main Market (ticker: \"REE\") remains unchanged, and existing shareholders are not required to take any action.\n \nStrategic Alignment with the United States\n \nFollowing the USTDA grant, the OTCQB quotation crystallises Altona's strategy to position itself at the heart of the United States critical minerals supply chain initiative.\n \nThe Board believes that the USTDA grant and the OTCQB quotation significantly strengthen the Company's position to pursue strategic opportunities within the United States rare earths and gallium industry, as part of its broader strategy to maximise the value of its critical minerals assets and contribute to the development of a diversified global supply chain. This strategy is further supported by clear and tangible policy actions by the United States government, as well as by...