White Cliff Minerals Limited (ASX:WCN) announced that it has gained approval to immediately begin trading on the OTCQB Venture Market (OTCQB), under the ticker code WCMLF.
The OTCQB is the top marketplace in the US for early and development-stage companies. With White Cliff Minerals’ dual-listing now on both the ASX and OTCQB, they note several key advantages:
- Enhanced accessibility for US investors – The OTCQB listing allows US investors to trade shares in USD during US market hours
- Increased liquidity – This new listing is expected to improve trading liquidity by broadening the pool of investors, both retail and institutional in the US
- Greater market visibility – This listing will bring greater awareness about the company to US-based investors
- Compliance and transparency – The OTCQB platform has rigorous standards to adhere to, ensuring high levels of financial reporting and corporate governance, providing US investors with confidence in the company
White Cliff Minerals is currently engaged in drilling at the company’s highly prospective Rae Copper Project, and have assay results due in the coming weeks. They anticipate greater interest from US investors as they await these results, and the new listing on the OTCQB will provide easier access for these investors.
To find out more, please visit https://wcminerals.com.au/
To read more articles like this, please visit www.theassay.com/news
