Unico Silver (ASX:USL) has begun trading on the OTCQX Best Market, indicating an upgrade to the company’s US trading platform.
The company is now trading under the ticker code ‘USLRF’ on the OTCQX, after previously trading on the OTCQB Venture Market.
The OTCQX Best Market is described as the OTC Markets Group’s “highest level market for international and US companies”.
Companies listed on the OTCQX Best Market are required to meet enhanced financial, corporate governance, and disclosure obligations.
Managing Director Todd Williams says the company’s upgrade in US trading “represents another important milestone in expanding Unico’s presence within the North American investment market”.
“The OTCQX platform provides enhanced visibility and credibility with US investors at a time when Unico is rapidly advancing the Joaquin and Cerro Leon silver districts toward feasibility studies and potential development,” Williams says.
“North America remains one of the largest and most sophisticated markets for precious metals investors globally, particularly for silver-focused development companies.
“We believe the OTCQX market will improve accessibility for US retail and institutional investors seeking exposure to a rapidly growing, pure-play silver developer with significant scale and exploration upside.
“With a combined mineral resource base of approximately 330 million ounces of silver equivalent across the Santa Cruz portfolio, Unico is well positioned to continue building its profile within the global silver sector.”
The company adds that the Australian Securities Exchange (ASX) remains its primary listing platform, with no impact on existing shareholders or issuances of new shares.
Unico began trading on the OTCQB Venture Market under the same ticker code in March 2026 as reported by Mining.com.au, marking only two months of trading before the company was upgraded to the OTCQX Best Market.
Unico Silver is a mineral explorer focused on discovering silver and gold deposits in Argentina’s Santa Cruz region.
Write to Maddison Elliott at Mining.com.au
Images: Unico Silver
