Black Bear Minerals (ASX:BKB) has begun trading on the OTCQX market, allowing the company access to North American investors as it starts a maiden drilling campaign at the Shafter Silver Project in Presidio County, Texas.
Investors will be able to access shares during US trading hours and in local currency, enhancing liquidity and visibility to the market.
The company intends to engage with US critical minerals initiatives, government programs, and strategic partners through this listing, with potential to expand on to other exchange listings such as NASDAQ and NYSE.
CEO Dennis Lindgren describes the listing as a pivotal moment that will expand the company’s access to the “world’s largest capital market for institutional engagement, potential US partnerships, and future US exchange listings”.
“This dual quotation, in addition to our ASX listing, arrives as we launch our maiden drilling program at the high grade Shafter Silver Project with 17.5 million ounces @ 289 grams per tonne silver foreign mineral resource estimate,” Lindgren says.
“This momentum, coupled with all-time high silver prices and new status on the US critical minerals list, underscores the exceptional value potential of our portfolio, including the high grade Independence Gold Project in Nevada.”
Black Bear Minerals is a gold and silver explorer focused on advancing its US-based assets.
Write to Maddison Elliott at Mining.com.au
Images: Black Bear Minerals
