NEO Battery Materials Ltd announced it has been approved for trading on the OTCQB Venture Market.
The Vancouver-based technology company’s shares will trade starting on September 3 under the symbol NBMFF.
Spencer Huh, NEO’s CEO, told shareholders that the listing allows NEO to increase its exposure and presence in the US.
READ: NEO Battery Materials wins silicon anode prototype sample order from major US-based solid-state electrolyte developer
“The greater ease of trading will allow for more liquidity and activity for the company,” Huh said in a statement.
“As the battery market begins to gain greater traction in the US, the company will aggressively reach out in the broader capital markets to maximize our shareholders' value.”
Huh added that NEO is in the final stages of achieving DTC eligibility after the opinion was accepted this week. The firm is also looking to provide greater liquidity on the Frankfurt Exchange, according to the CEO.
NEO Battery Materials is a resource company focused on battery anode materials and technology development.
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