Solis Minerals resumes trading on OTCQB Market

Solis Minerals (ASX:SLM) has resumed its listing on the OTCQB Market, effective from yesterday (10 July 2023). 

The $86.46 million market capitalisation company says its common shares will resume trading on OTCQB under the ticker symbol ‘SLMFF’. Solis adds its common shares will continue to trade on the TSX Venture Exchange (TSXV) and the Australian Securities Exchange (ASX). 

The resumption follows the company entering a trading halt regarding the announcement of the Jaguar Lithium Project option, which took place from 29 May to 8 June 2023. 

Solis notes that trading on the OTCQB will continue to enhance the company’s accessibility to US investors and increase its liquidity and visibility in the US and Canada. 

Solis Minerals is a Latin American battery minerals explorer that wholly owns the Borborema Lithium Project in northeast Brazil, covering 24,800 hectares. 

As of 31 March 2023, the company had $1.8 million cash at hand, according to its latest quarterly report published on 28 April 2023.

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Images: Solis Minerals
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.