GTI Resources to take North America by storm after listing on OTCQB market
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This move expands the pool of investors able to invest in Aussie uranium play GTI by offering real-time US trading of GTI’s shares.
Trading on OTCQB provides companies access to one of the largest investment markets in the world at nominal cost, and with fewer additional compliance requirements compared to listing on traditional major exchanges.
The timing couldn’t be better for Aussie-listed GTI Resources (ASX:GTR) as nuclear power begins to emerge as a leading, emissions free base load power source that can enable the world’s transition to net-zero emissions.
As a result, North American natural resource investors have turned their attention to uranium to benefit from nuclear power’s rapid global renaissance.
Trading on OTCQB will assist North American investors to participate in the GTI story as progress is steaming ahead at its Wyoming ISR Thor uranium project, which recently resulted in discovery of ISR amenable uranium mineralisation.
GTI executive director Bruce Lane said the company is delighted to be finally trading on OTCQB, in line with its strategy.
“The company’s strategy is fundamentally North American focused and we aim to define US based uranium resources for the resurgent US nuclear power business,” he said.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.