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ION Energy to begin trading today on the OTCQB Market, boosting its US exposure

CEO Ali Haji said joining the OTCQB 'is great timing' for the early-stage lithium brine explorer focused on Mongolia as the US ushers in a new administration

ION Energy Ltd. - ION Energy Limited to begin trading today on the OTCQB Market to boost US exposure
The company’s Baavhai Uul lithium brine project is spread over nearly 81,000 hectares, and is strategically located in southeast Mongolia, 24 kilometers away from the Chinese border

ION Energy Limited (CVE:ION) (FRA:5YB) announced Thursday it has received approval to begin trading (today) on the OTCQB Market under the ticker symbol "IONGF." 

In a statement, ION Energy CEO Ali Haji said joining the OTCQB, a platform operated by OTC Markets Group Inc (OTCQX:OTCM), “is great timing” for the early-stage lithium brine explorer focused on Mongolia.  

"With the pending inauguration of President-elect Biden and his proposed economic recovery policies, US investors are finding battery metals increasingly intriguing to invest in,” Haji said, adding that “we look forward to sharing our story with a much larger investor audience." 

READ: ION Energy begins geophysics study at Baavhai Uul lithium project in Mongolia

The OTCQB is a marketplace for entrepreneurial and development stage US and international companies that are committed to providing a high-quality trading and information experience for their investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process.

The company said its listing on the TSX Venture Exchange and the trading of its shares on the OTCQB contribute to a larger North American presence and affords investors preeminent access to trading.

The Toronto-based company’s Baavhai Uul lithium brine project is spread over nearly 81,000 hectares, and is strategically located in southeast Mongolia, 24 kilometers away from the Chinese border.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Quick facts: ION Energy Ltd.

Price: 0.465 CAD

TSX-V:ION
Market: TSX-V
Market Cap: $22.56 m
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Ion Energy begins trading on the OTC Market in the U.S. under the ticker "IONGF"

Ion Energy (CVE: ION- OTCMRKTS: IONGF) CEO Ali Haji joined Steve Darling from Proactive with news the company will begin trading on the OTC Markets in the United States on January 14th using the ticker IONGF. Haji talks about that milestone for the company and he also shares what investors...

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