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U.S. Manganese applies to join the New York OTC market

  • Friday, January 29, 2021
  • Source:ferro-alloys.com

  • Keywords:U.S. Manganese
[Fellow]U.S. Manganese applies to join the New York OTC market

Ferro-alloys.com:On Thursday, American Manganese Corporation (2 pm) announced that the company has applied for the transfer of its common stock from the over-the-counter pink open market to the over-the-counter market.

The listing of the company’s common stock on the over-the-counter market still needs to be approved by the market and meet applicable listing requirements. The US trading platform is operated by the OTC Market Group (OTCQX: OTCM) in New York.

The over-the-counter market is recognized by the US Securities and Exchange Commission as a mature public market that provides public information for the analysis and value of securities. As a proven market that provides effective channels for US investors, the over-the-counter market helps companies build shareholder value with the goal of improving liquidity and achieving fair valuation.

Larry Leo, CEO of American Manganese Industry, said in a statement: "We believe that listing on the over-the-counter market will provide institutional investors and retail investors with more liquidity and ability to trade the company's common stock." .

"With our recent development of lithium-ion battery cathode material recycling technology and emphasis on transparency, the management believes that the company is in an ideal position to increase the list of over-the-counter markets and obtain more and more information provided by the over-the-counter market. The more visibility."

  • [Editor:zhaozihao]

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