GTI Resources

GTI’s Shares Start Trading on U.S. OTCQB Exchange

GTI Resources Ltd (GTI or the Company) advises that it has completed the requirements to commence cross‐ trading of its securities on the OTCQB Market in North America. GTI shares are now quoted on OTCQB under the symbol “GTRIF”, and trading commenced on 12th April 2022 (US Time). Investors can access further details via https://www.otcmarkets.com/stock/GTRIF/overview.


Highlights:

  • GTI shares start trading on North America’s OTCQB market under the code GTRIF
  • OTC offers U.S. investors easy, real‐time trading of GTI’s ordinary shares
  • This significantly expands the pool of investors able to invest in GTI

The OTCQB® Venture Market offers investors transparent trading in entrepreneurial and development stage U.S. and international companies. To qualify for OTCQB, companies must meet high financial & securities reporting standards, pass a bid test andundergo annual verification. As a verified market with access for U.S. investors, OTCQB helps companies build shareholder value, achieve liquidity and a fair valuation. It will also enable the Company to expand awareness and broaden its range of potential investors into the North American market. Trading on OTCQB provides companies access to one of the largest investment markets in the world at nominal cost, with fewer additional compliance requirements, compared to traditional major exchanges.

Bruce Lane, GTI Executive Director said“We’redelightedtoadvisethatGTIsharesarenowtradedonOTCQB aspartofourstrategytopromotetheCompanytoinvestorsintheUS,thehomeofoururaniumprojects.OTC cross trading provides wider access to the large North American investment community & enhanced conveniencefortheseinvestorstotradeGTIordinaryshares.GTI’sstrategyisfundamentallyNorthAmerican focused,andouraimistodefineUSbaseduraniumresourcesfortheresurgentUSnuclearpowerbusiness”

Nuclear power has emerged as a leading, emissions free, base load power source that can enable the world’s transition to NetZero emissions. As a consequence, North American natural resource investors have turned their attention to uranium as a way to benefit from nuclear power’s rapid global renaissance. Trading on OTCQB will assist North American investors to participate in the GTI story as the Company advances its Wyoming ISR uranium plans which recently resulted in discovery of ISR amenable uranium mineralisation at its Thor Project (refer ASX release https://www.asx.com.au/asxpdf/20220329/pdf/457fyl52c9jvqk.pdf).

GTI’s shares are listed on the Australian Stock Exchange (ASX) under the code of GTR. The OTCQB market’s financial reporting standards and corporate governance requirements are satisfied through the Company’s ongoing compliance with ASX Listing Rules. North American investors will find real‐time $US quotes & information on the OTC Markets website. Trades take place and settle in the North American time zone in US Dollars (USD). The OTCQB share is the same class of Ordinary Share as the ASX traded stock (ASX: GTR), not a synthetic. The shares are simply registered in two different Registries.

MCAP LLC acted as the Company’s OTCQB Advisor and Sponsor.

Click here for the full ASX Release

This article includes content from GTI Resources Ltd, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

GTR:AU
GTI Energy

GTI Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
GTI Energy (ASX:GTR)

GTI Energy


Keep reading...Show less

Disrupting the uranium supply chain through highly prospective ISR projects in Wyoming

A$4.5M Placement to Underpin Resource Growth Strategy

A$4.5M Placement to Underpin Resource Growth Strategy

GTI Energy (GTR:AU) has announced A$4.5M Placement to Underpin Resource Growth Strategy

Download the PDF here.

Drilling Planned to Update & Grow Lo Herma Resource

Drilling Planned to Update & Grow Lo Herma Resource

GTI Energy (GTR:AU) has announced Drilling Planned to Update & Grow Lo Herma Resource

Download the PDF here.

Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

GTI Energy (GTR:AU) has announced Quarterly Activities/Appendix 5B Cash Flow Report

Download the PDF here.

Scoping Study Progressing Well - Key Input Studies Completed

Scoping Study Progressing Well - Key Input Studies Completed

GTI Energy (GTR:AU) has announced Scoping Study Progressing Well - Key Input Studies Completed

Download the PDF here.

Canadian and Saskatchewan flags waving under a clear blue sky.

13 Uranium Companies Exploring Canada's Athabasca Basin

Uranium market watchers know that Canada’s Athabasca Basin is among the world’s richest uranium jurisdictions and hosts several of the highest-grade uranium deposits on the planet.

Spanning close to 100,000 square kilometers of the Canadian Shield of Northern Saskatchewan and Alberta, the Athabasca Basin is a major contributor to Canada’s status as the second largest uranium producer and the third largest country by uranium reserves.

Unsurprisingly, the region is home to the world’s largest uranium mine, Cigar Lake. The mine reports average grades of 14.69 percent U3O8 and accounts for 14 percent of global uranium production.

Keep reading...Show less
Terra Clean Energy (CSE:TCEC)

Terra Clean Energy


Keep reading...Show less
John Ciampaglia, nuclear reactors.

John Ciampaglia: Uranium Turnaround? Spot Price Pop, Stocks and SPUT Raise

John Ciampaglia, CEO of Sprott Asset Management, discusses uranium supply, demand and pricing, also sharing details on the Sprott Physical Uranium Trust's (TSX:U.U,OTCQX:SRUUF) recently closed US$200 million bought-deal financing.

"It's clearly acted as a very positive catalyst — the spot price has popped, a lot of the equities have popped on this," he said about the agreement.

Keep reading...Show less
Blue Sky Uranium

Blue Sky Uranium Closes 2nd Tranche of Non-Brokered Private Placement

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), ("Blue Sky" or the "Company") announces that it has closed a second tranche of the private placement through the issuance of 6,828,300 units of the Company (each, a "Unit") at a price of $0.06 per Unit for aggregate gross proceeds of $409,698 (the "Offering"). To date the Company has issued 27,361,633 Units for aggregate gross proceeds of $1,641,698.

Each Unit consists of one common share and one transferrable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.075 per share for three (3) years from the date of issue, expiring June 26, 2028.

Keep reading...Show less
GTI Energy

GTI Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×