OTC Markets Group Welcomes Brazilian Rare Earths Ltd. to OTCQX
October 31 2024 - 7:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Brazilian Rare Earths Ltd. (ASX: BRE; OTCQX: BRETF,
BRELY), an Australian exploration and mining company, has qualified
to trade on the OTCQX® Best Market. Brazilian Rare Earths Ltd.
upgraded to OTCQX from the Pink® market.
Brazilian Rare Earths Ltd. begins trading today on OTCQX under
the symbol “BRETF, BRELY.” U.S. investors can find current
financial disclosure and Real-Time Level 2 quotes for the company
on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S.
investors. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance and
demonstrate compliance with applicable securities
laws.
Viriathus Capital LLC served as Brazilian Rare Earths Ltd’s
advisor.
"We are thrilled to see our shares and ADRs now trading on the
OTCQX market. This quotation broadens our investor base and offers
U.S. investors enhanced access to participate in our growth story
as we advance our world-class rare earth projects. The increased
visibility and liquidity on the OTCQX will accelerate our progress
towards developing a leading global supplier of critical rare earth
elements."
About Brazilian Rare Earths Ltd.Brazilian Rare
Earths is a critical minerals development company that controls the
world-class Rocha da Rocha rare earth province in Bahia,
Brazil. Brazilian Rare Earths’ flagship project, Monte Alto,
contains some of the highest rare earth grades ever reported
globally, along with high concentrations of uranium, niobium,
tantalum, and scandium.
The Monte Alto project is strategically positioned to be an
important future source of critical minerals, with the project
containing 18 of the 50 critical minerals identified by the
U.S. government as essential to economic and national security.
Brazilian Rare Earths aims to become a leading global supplier of
these critical materials, supporting industries such
as renewable energy, electric vehicles, advanced
robotics, and defence technologies.
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
U.S. and international securities. Our data-driven disclosure
standards form the foundation of our three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide
critical market infrastructure that broker-dealers rely on to
facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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