OTCQB Approval
Panthera Resources Plc has announced its ordinary shares have been approved to cross-trade on the OTCQB Venture Market in the United States under the ticker symbol "PATRF", commencing today. This move is expected to increase liquidity and provide US investors with easier access to trading Panthera's shares, which will continue to trade on AIM under the ticker "PAT". The OTCQB Market is recognised by the SEC as an established public market requiring issuers to maintain up-to-date financial reporting and meet specific criteria.
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Gold exploration and development company Panthera Resources Plc (AIM: PAT), with assets in West Africa and India, is pleased to announce that its ordinary shares of 1 pence each ("Ordinary Shares") have been approved to trade on the OTCQB Venture Market ("OTCQB Market") in the United States. The Ordinary Shares will commence cross-trading on the OTCQB Market in the United State later today under the ticker symbol "PATRF".
The OTCQB Market, recognised by the United States Securities and Exchange Commission as an established public market, serves as a leading platform for both domestic and international growth-stage companies. Admission requires issuers to maintain up-to-date financial reporting, meet minimum bid price criteria, and complete an annual verification and management certification process.
The Company believes that cross-trading on the OTCQB Market will not only increase liquidity, thanks to a broader pool of investors, but will also provide investors in the United States with easier access to trading in its Ordinary Shares.
The Ordinary Shares will continue to trade on AIM under the ticker "PAT".
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.