10th Oct 2025 08:53
(Alliance News) - Majestic Corporation PLC on Friday said its application to join the OTCQB Market in the US is in "advanced stages," marking a step toward expanding its investor base across North America and Asia.
The recycler of precious and non-ferrous metals from used electronics and batteries, which trades on the Aquis Stock Exchange, said the cross-trading of its shares on the OTCQB Market remains subject to approval by OTC Markets Group.
Majestic said the listing would provide "greater accessibility" for investors in the US and Asia-Pacific regions, where it already has "strong and well-established ties."
A further announcement will be made once the application process is complete.
Chief Executive Officer Peter Lai said the move would allow US investors to participate in Majestic's growth, while reinforcing its long-term strategy.
"We are delighted to be in the process of joining the OTCQB Market and allowing US investors the chance to become shareholders in Majestic and in the future of the circular economy," Lai said. "We anticipate this will also enable potential investors in the Asia-Pacific region to invest."
He added: "We remain confident that our strategic focus will continue to drive profitability, create long-term shareholder value, and continue to secure the supply of critical and precious metals for economies worldwide and for future generations."
Shares in Majestic were last quoted at 130.00 pence on the Aquis Stock Exchange in London.
By Eva Castanedo, Alliance News reporter
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