PIM opens door to US funding with OTCQB listing

  • PIM begins trading on OTCQB in USA under ticker PIMLF
  • Listing follows pending acquisition of eight antimony, gold and silver projects
  • Move also expands investor access in US

 

Special Report: Pinnacle Minerals has successfully commenced trading on the OTCQB market in the United States under the ticker PIMLF.

The move follows the company’s announcement in October of its intention to acquire eight antimony, gold and silver projects in highly prospective regions of Idaho and Washington state in USA.

The Big Creek Antimony and Thunder Mountain gold projects are located near, and within the same geological corridor as Perpetua Resources’ Stibnite antimony-gold project, a name familiar to US critical minerals investors.

Essentially, the quotation on this premium tier of the US OTC markets allows Pinnacle Minerals (ASX:PIM) to provide North American investors with easier access to trade the company’s shares in their local market and time zone.

It also offers exposure to one of the most liquid equity markets that includes well-known US-listed critical metals companies such as MP Materials (NYSE:MP), Perpetua Resources Corp (NASDAQ:PPTA), Critical Metals Corp (NASDAQ:CRML), and NioCorp Developments (NASDAQ:NB).

 

Opens to door for US funding

The US listing comes at a time of heightened investor interest in antimony (fuelled by its role in the defence, semiconductor, and clean energy sectors) as well as elevated antimony, gold and silver prices.

Not only does the additional quotation provide an opportunity to increase the company’s visibility and broaden its global investor base, it strengthens PIM’s US profile for potential Department of War (DoW) funding programs and opens the company up to US corporate opportunities, such as acquisitions, mergers, and joint ventures with US-based groups.

With trading now active on both the ASX and OTCQB, and exploration underway across its US, Canadian and Australian projects, Pinnacle is well positioned to benefit from rising investor demand for critical minerals exposure.

 

 

This article was developed in collaboration with Pinnacle Minerals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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