DTC Eligibility for OTCQX Trading in the U.S.

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DTC Eligibility for OTCQX Trading in the U.S.

DTC Eligibility for OTCQX Trading in the U.S.

CleanTech 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, is pleased to announce the Company’s ordinary shares in the United States are now eligible to be exchanged and settled through the Depository Trust Company (“DTC”).

The DTC is registered with the Securities and Exchange Commission, is a member of the U.S. Federal Reserve System and is the largest securities depository in the world. Being DTC eligible significantly reduces exchange costs and barriers to electronic trading in the Company for U.S. and Canadian based investors.

Today’s announcement follows the recent graduation for the Company from the OTCQB Venture Market to the OTCQX Best Market, which will enable investors in North America to easily trade in the Company. In North America, CleanTech Lithium can be found on investor platforms under the symbol “CTLHF”. Online brokers such as Interactive Brokers, Fidelity Investments and TradeStation all offer OTCQX trading services.

Aldo Boitano, Chief Executive Officer, CleanTech Lithium Plc., said:

“Achieving DTC eligibility and the graduation to OTCQX Best Market significantly reduces barriers to trade and puts us amongst a group of premium publicly listed companies in the United States. Investors, excited about the Electric Vehicle revolution, will now be able to trade in the Company’s ordinary shares in the US and settle in the US.

“We are committed to enhance the visibility and appeal of CleanTech Lithium’s stock in North America, recognising the strong demand from investors who see the long-term role of lithium in EV manufacturing. By being DTC eligible, we aim to cater to this growing interest as we make progress to become a leading supplier in the EV supply chain and delivering value to our stakeholders.”

Click here for the full Press Release

This article includes content from CleanTech Lithium, 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.

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