High-flying minerals explorer Galileo Mining Ltd’s (ASX: GAL) ordinary shares have begun trading on the OTCQX Market in the United States under the ticker symbol GALMF. There are no changes to the trading of the company’s ordinary shares on its home exchange ASX under the symbol GAL.
Managing Director Brad Underwood said the OTCQX Market provides convenience and real time accessibility to U.S. investors, brokers and institutions seeking to trade Galileo shares. The OTCQX Best Market is the premier market of OTC Markets Group Inc, an operator of regulated markets on which 12,000 U.S. and international securities trade.
We are pleased to announce our qualification to trade on the OTCQX Market. As part of our ongoing strategy to introduce Galileo Mining to a broader international audience, trading on OTCQX will provide greater visibility and market exposure, better access to the U.S. investment community, and improved convenience of trading in Galileo ordinary shares,” Mr Underwood said.
“With Galileo’s focus on discovery of nickel, platinum elements (PGE’s), copper and cobalt we are now better placed to attract the interest of US investors seeking exposure to the critical metals needed to support the development of low carbon future technologies.”
U.S investors can find current financial disclosure and real-Time Level 2 quotes for the Company on https://www.otcmarkets.com/stock/GALMF/overview
B. Riley Securities, Inc. acted as the company’s OTCQX sponsor and Amvest Capital Inc. provided advisory services in connection with the OTCQX application.