Business
Commencement of trading on OTCQX® Best Market
Commencement of trading on OTCQX® Best Market.
About this update from Cleantech Lithium Plc
[{"type":"text","content":"\n\n\n \n31 May 2023\nCleanTech Lithium PLC (\"CleanTech Lithium\", \"CTL\" or the \"Company\")\nCommencement of trading on OTCQX® Best Market for North American investors\n \n \nCleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing next-generation sustainable lithium projects in Chile for the EV transition, has now qualified to trade on the OTCQX® Best Market. The Company has been upgraded to OTCQX from the OTCQB® Venture Market.\n \nToday marks the commencement of trading on OTCQX Best Market under the symbol \"CTLHF\" as the Company has successfully met the high financial standards, best corporate governance practices, and complied with the U.S. relevant securities law. The graduation to the OTXQX Best Market demonstrates the Company's competency and will streamline any investment activity from investors from the United States and Canada.\n \nAldo Boitano, Chief Executive Officer, CleanTech Lithium PLC, said:\n\"By qualifying to trade on OTCQX Best Market, CleanTech Lithium welcomes existing and potential investors. Our qualification for the premium tier on OTC markets, will provide increased liquidity and disclosure for our shareholders and potential new investors.\n\"Joining the OTCQX Market is a strategic decision as CTL continues to make progress simultaneously across our three projects located in Chile, in the Lithium Triangle. With Chile being the only South American country producing lithium with a Free Trade Agreement with the U.S, the region is a key market on our path to production.\n\"Interest in battery manufacturing, electric vehicles and the drive to a green economy is developing at a rapid pace and the Inflation Reduction Act in the USA and Canada's 2035 EV mandate is evidence of this. CTL aims to play a significant role in this by supplying cleaner lithium via Direct Lithium Extraction (\"DLE\") technology and being part of the OTCQX Best Market is an important step towards delivering this.\"\nU.S. and Canadian investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.\n \n \n**ENDS**\n\n\n\n\nFor further information contact:\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nCleanTech Lithium PLC\n\n\n \n\n\n \n\n\n\n\nAldo Boitano/Gordon Stein\...