Scotia Metals (CSE:SMET) has begun trading on the OTCQB Venture Market under the symbol CSRVF, expanding US investor access as it advances its Acadia Lithium Project in Nova Scotia, Canada.
The company’s shares will continue trading on the Canadian Securities Exchange and Frankfurt Stock Exchange, giving investors access to its shares across Canada, the US, and Europe.
The OTCQB market requires participating companies to maintain current reporting and complete annual verification and management certification.
CEO Rodrigo Roso says the listing could broaden Scotia’s investor base and improve access to funding.
“The US market is indispensable for accessing larger pools of capital,” Roso says, adding that the listing makes it easier for US investors to trade Scotia shares.
He expects US investors to play an important role in financing North America’s emerging domestic lithium supply chain.
Benchmark Mineral Intelligence forecasts North America’s share of global mined lithium supply will rise from 1.7% in 2026 to 13% by 2050. It estimates global demand will more than triple over the period, requiring production equivalent to 134 new mines.
Scotia recently began maiden drilling at Acadia to test for the bedrock source of spodumene-bearing boulders.
Acadia covers 37,268 hectares and more than 80km of prospective lithium-caesium-tantalum pegmatite strike.
Scotia Metals is a Canadian lithium and battery metals explorer focused on southwestern Nova Scotia.
Write to France Pinzon at Mining.com.au
Main image: Scotia Metals
