Purecore Metals (CSE:PURE) has begun trading shares on the OTCQB Venture Exchange under the ticker symbol PPURF.
Listing on the OTCQB Venture Exchange enables US broker-dealer participation and Blue Sky recognition in numerous US states, allowing Purecore’s shares to be offered to retail and institutional investors in those states.
CEO Peter Berdusco says the US imports the large majority of the uranium required to fuel its reactors, and its utilities are sitting on 184 million pounds of unfilled requirements through 2034.
“Canada is already the largest supplier filling that gap,” Berdusco says.
“We hold an option on 35,029 hectares in the tier one Athabasca Basin. Our discovery and development success would directly impact US supply markets and US investors.
“Listing on the OTCQB puts our shares in front of these investors in their own currency, on their own market hours, without issuing an additional share to do it.”
Purecore holds an option to earn a 100% interest in the Yurchison Uranium Project in Saskatchewan, Canada. The company also owns the Bankier Project located in British Columbia.
Purecore Metals is a Canadian explorer focused on building a uranium and copper portfolio amid the long-term global expansion of electricity demand driven by AI data centres.
Write to Aaliyah Rogan at Mining.com.au
Images: OTC Markets
