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Hertz Lithium Announces U.S. Trading on OTCQB and Comments on Rio Tinto Entry into Grass Roots Lithium Exploration Projects
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Hertz Lithium (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) ("Hertz" or the "Company"), is pleased to anno
About this update from Hertz Energy Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Hertz Lithium (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) (\"Hertz\" or the \"Company\"), is pleased to announce that its shares will commence trading under the symbol \"HZLIF\" on the OTCQB Venture Market (the \"OTCQB\") effective July,11, 2023. The Company has also received The Depository Trust Company (the \"DTC\") full-service eligibility in the United States, making the Company's stock more accessible to U.S. retail and institutional investors. Robert Barker, Director, comments: \"Trading on the OTCQB, along with our Frankfurt, Germany listing, enables our U.S. and European shareholders to more effectively participate in trading Hertz shares and will increase liquidity in multiple jurisdictions. With our Lucky Mica Lithium project and Penn State Lithium Extraction patent licence development technology, we expect to attract many U.S.-based retail and institutional investors who are interested in exposure to lithium exploration and extraction technologies development and exploration within North America.. We are aggressively pushing forward with our active exploration programs at Lucky Mica (which have provided exciting early results) and we are advancing our Penn State lithium extraction technology. We look forward to growing our global investor base through our listings in Canada, U.S., and Germany as we proceed into a highly active period for the company.\" The DTC is the largest securities depository in the world and facilitates electronic settlement of stock certificate transfers in the United States. The shares of the Company, trading under the symbol \"HZLIF\" in the United States, are now eligible to be electronically cleared and settled through the DTC and are therefore considered \"DTC eligible.\" This electronic method of clearing securities offers a more efficient, lower-cost settlement process for investors and brokers.The OTCQB is the premier market for entrepreneurial and development stage U.S. and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. RIO TINTO ENTRY INTO GRASS ROOTS LITHIUM PRO...