Applied Graphite Technologies Corporation (TSXV: AGT) (OTCQB: AGRTF) has recently completed the cross-listing of its common shares to the OTCQB Venture Market (“OTCQB”), marking a significant milestone for the company. Now trading on the OTCQB under the ticker symbol “AGRTF,” investors can access real-time quotes and market information for AGRTF on www.otcmarkets.com. Notably, Applied Graphite Technologies continues to be listed on the TSX Venture Exchange under the ticker symbol “AGT.”
Don Baxter, CEO and Director of Applied Graphite, expressed his enthusiasm about this development, stating, “This listing on the OTCQB Venture Market, within two months of listing on the TSX Venture Exchange, is a significant milestone for the Company.” He emphasized that this listing opens doors for a larger United States investor base to directly participate in Applied Graphite Technologies’ growth, enhancing trading liquidity and expanding outreach to the global investment community.
Applied Graphite Technologies is focused on developing the Queens Mine Complex (QMC) in Sri Lanka. Situated on private land within the vein graphite district, the QMC boasts historical workings and vein graphite outcrops. Vein graphite, known for its naturally high grade (+95% carbon content), doesn’t require primary processing. Notably, testing of vein graphite in lithium-ion battery anodes has shown exceptional capacities, outperforming synthetic graphite. Moreover, natural vein graphite offers a superior Environmental, Social, and Governance (ESG) footprint compared to synthetic options and is cost-effective without compromising performance.
The OTCQB, operated by OTC Markets Group Inc. in New York City, is recognized by the United States Securities and Exchange Commission (SEC) as a reputable public market providing essential price and financial information. With over 10,000 United States and global securities traded, OTCQB is considered the mid-tier of the OTC market for early stage and developing companies. To be eligible for OTCQB trading, companies must meet stringent financial standards, adhere to best practice corporate governance, comply with US securities laws, maintain current disclosures, and have a professional third-party sponsor introduction.
The inclusion of Applied Graphite Technologies on the OTCQB offers convenience to US investors, brokers, and institutions interested in trading AGT’s common shares. This listing streamlines trading through the broker of choice for US investors and contributes to improving the quality of information accessible to investors.