Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Argentina Lithium begins trading on OTCQX Market

EditorEmilio Ghigini
Published 01/10/2024, 08:24 PM
© Reuters.

VANCOUVER, BC - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF), also known as Argentina Lithium, has announced the start of trading of its common shares on the OTCQX Best Market under the ticker LILIF. The OTCQX Best Market is the premier tier of the OTC Markets, where over 12,000 U.S. and international securities are traded. The move is aimed at increasing the company's visibility and accessibility to U.S. investors. Shares of Argentina Lithium will continue to be available on the TSX Venture Exchange with the symbol LIT and on the Frankfurt Stock Exchange as OAY3.

The company's CEO, Nikolaos Cacos, remarked that the listing on the OTCQX Best Market is a significant milestone that will boost Argentina Lithium's profile among U.S. and international investors. This step comes as the company progresses its lithium project portfolio, which supports the global trend towards electrification and decarbonization.

Argentina Lithium is engaged in acquiring and developing high-quality lithium projects in Argentina, aiming to supply the increasing demand from the battery sector. A recent strategic investment by Peugeot (OTC:PUGOY) Citroen Argentina S.A., a subsidiary of the global automaker Stellantis N.V. (NYSE:STLA), has positioned Argentina Lithium advantageously to explore and develop its four main projects that span over 67,000 hectares in the Lithium Triangle of Argentina.

The information provided here is based on a press release statement from Argentina Lithium & Energy Corp.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.