Metallium (MTM Critical Metals) Upgraded to OTCQX Market
Metallium (MTM Critical Metals) Upgraded to OTCQX Market |
[10-July-2025] |
HOUSTON, July 10, 2025 /PRNewswire/ -- MTM Critical Metals Ltd (ASX: MTM; OTCQX: MTMCF), soon to be renamed Metallium Ltd, begins trading today on the OTCQX® Best Market, an upgrade from the OTCQB® Venture Market. Qualifying for the upgrade to the OTCQX marks a key milestone in the company's U.S. capital markets strategy and enhances visibility and access for North American investors. "Graduating to OTCQX is a significant step forward in our U.S.-focused strategy," said Michael Walshe, Managing Director & CEO. "This upgrade allows easier trading for our expanding U.S. shareholder base, particularly enabling our shares to be purchased in U.S. dollars during local market hours. As we develop our first commercial Flash Joule Heating facility in Texas and grow our strategic partnerships, we believe this enhanced market presence is perfectly timed." He added that this upgrade to the highest level of the OTC Markets will help enhance availability of the company's shares with a significant expansion of Blue Sky compliance across multiple U.S. states. "We are evaluating instituting a Level 1 ADR program to further improve U.S. investor accessibility to investment in the company." MTM's U.S. subsidiary, Flash Metals USA Inc, has secured its first commercial site in Texas, targeting near-term revenue from the recovery of high-value materials including gallium, germanium, rare earth elements, gold and silver from mineral concentrates and e-waste. "With this upgrade and our recent $50 million institutional capital raise, we continue to implement our plan as we accelerate toward commercialization in the U.S. to establish Metallium as a leader in strategic materials recovery and supply chain resilience," added Walshe. About MTM Critical Metals Ltd MTM Critical Metals Ltd (soon to be renamed Metallium Ltd) (https://www.metalliuminc.com), is pioneering a low-carbon, high-efficiency approach to recovering critical and precious metals from mineral concentrations and high-grade waste streams through its 100% U.S. subsidiary, Flash Metals USA, Inc. Flash Metals USA is commercializing the Flash Joule Heating (FJH) process, a patented ultra-fast, selective thermal method to recover critical and strategic metals from waste and ore without acids or smelting. The company's first commercial plant is under development in Texas targeting the recovery of gallium, germanium, indium, gold, silver, copper, antimony, chloride intermediates for rare earth elements magnet and semiconductor markets. The platform is modular, low-emission and aligned with U.S. industrial modernization efforts currently underway. Website: www.metalliuminc.com About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market for over 12,000 U.S. and global securities. The OTCQX Market is reserved for established companies meeting high financial and corporate governance standar
SOURCE MTM Critical Metals Ltd. | ||
Company Codes: Australia:MTM, OTC-BB:MTMCF, OTC-QX:MTMCF |