Business
Commencement of Trading on OTCQB Venture Market
Commencement of Trading on OTCQB Venture Market.
About this update from Cleantech Lithium Plc
[{"type":"text","content":"\n \n \n \n 15 February 2023\n \n \n \n \n CleanTech Lithium PLC (\"CleanTech Lithium\" or the \"Company\")\n \n \n \n \n CleanTech Lithium commences trading on the OTCQB Venture Market:\n \n \n \n \n Dual Trading to provide efficient access for U.S. Investors and increased liquidity for shareholders and appointment of U.S. IR Adviser\n \n \n \n \n \n \n \n \n CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTC:\n CTLHF)\n , an exploration and development company\n advancing the next generation of sustainable lithium projects in Chile,\n is pleased to announce \n that\n its Ordinary Shares have been approved to trade on the OTCQB Venture Market (\"OTCQB\") in \n the United States of America\n (the \"\n U.S.\n \") and will commence trading at the market open today under the ticker\n CTLHF\n . CleanTech Lithium has also engaged Harbor Access, based near New York, to provide Investor Relations (\"IR\") support to help optimise the Company's trading position in the U.S. \n \n \n OTCQB\n \n \n The Company previously announced an intention to be quoted on OTCQX Best Market, however this has been delayed due to a requirement for the Company to submit audited accounts for the previous financial year, which are expected in May 2023. The Board made the decision to proceed with OTCQB in order to allow U.S. investors access without further delay.\n \n \n The cross-trading of the Company's ordinary shares on the OTCQB will provide enhanced investor benefits, including easier trading access for certain investors located in the U.S., and greater liquidity due to a broader geographic pool of potential investors. Through trading on the OTCQB, the Company will be able to engage with a network of U.S. investors, data distributors and media partners, ensuring that U.S. investors have access to the same level of information and disclosure that is available to investors in the United Kingdom, but through U.S.-facing platforms and portals. In addition, the OTCQB cross-trading facility will provide U.S. based investors with the ability to access CleanTech Lithium's Ordinary Shares in U.S. dollars during U.S. market hours.\n \n \n The ability to trade in the Company's existing Ordinary Shares on AIM will not be affected by having the OTCQB facility and no new Ordinary Shares have been issued. CleanTech Lithium w...