15th Feb 2023 12:09
(Alliance News) - CleanTech Lithium PLC on Wednesday announced it started trading on the OTCQB Venture Market in the US, beginning to trade the same day under the ticker CTLHF.
OTCQB stands for over the counter quotation bureau. It mostly lists early-stage and developing companies in the US and international markets.
"The cross-trading of the company's ordinary shares on the OTCQB will provide enhanced investor benefits, including easier trading access for certain investors located in the US, and greater liquidity due to a broader geographic pool of potential investors. Through trading on the OTCQB, the company will be able to engage with a network of US. investors, data distributors and media partners, ensuring that US investors have access to the same level of information and disclosure that is available to investors in the UK, but through US-facing platforms and portals," CleanTech said.
CleanTech expects to release its audited results for the previous financial year in May.
CleanTech shares were 5.9% lower at 81.72 pence each in London on Wednesday afternoon.
By Tom Budszus, Alliance News reporter
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