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Argentina Lithium begins trading on OTCQX Market

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

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