Thistle Resources (TSX-V:TRCG) has begun trading on the OTC Pink Market in the United States under the symbol “TRCGF,” the Canadian junior miner said Monday.
The firm will trade on the OTC Pink Market while it awaits final approval to list on the OTCQB Venture Market
Thistle’s shares will continue to trade on the TSX Venture Exchange under the symbol “TRCG”. The company said Depository Trust Company eligibility is expected to simplify trading and transfers of its shares in the US, reduce costs for investors and brokerage firms, and improve trading efficiency and liquidity by enabling electronic clearing and settlement through a broad network of US brokerages. Thistle CEO Patrick Cruickshank called the listing an “important milestone” for the company. “These advancements will provide greater transparency, improved trading accessibility and enhanced liquidity for existing and prospective shareholders as we continue to increase awareness of Thistle throughout North America,” the CEO said. “We look forward to advancing both projects while expanding our shareholder base through enhanced access to U.S. capital markets.” Thistle’s assets include the Middle River gold project and the Brunswick antimony project.
The company said it sees growing investor interest in both precious metals and strategic critical minerals, positioning its dual-commodity portfolio as a way to offer exposure to gold and antimony as governments focus on securing domestic critical mineral supply chains