Cyprium Commences Trading on OTCQB Venture Market
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
15 October 2024
CYPRIUM COMMENCES TRADING ON OTCQB VENTURE MARKET
Cyprium Metals Limited (ASX: CYM) (Cyprium or the Company) is pleased to announce that its
fully paid ordinary shares have been approved to trade on the OTCQB Venture Market (OTCQB)
in the United States of America and commenced trading at the market open on 15 October 2024
under the ticker CYPMF.
Highlights include:
•
Cyprium commenced trading at market open on 15 October under the ticker CYPMF
•
OTCQB trading and reporting of Cyprium’s ASX filings on the OTCQB platform
provides efficient access for US investors and increased liquidity for shareholders
•
OTCQB listing allows North American investors to trade and settle in trade and
settlements are in US Dollars (USD) and to trade in the North American time zone
“We are pleased to enhance the visibility and accessibility of the Company to North American
individual and institutional investors,” said Cyprium Executive Chair Matt Fifield. “We have
reasonable inquiry from potential North American owners that can see the advantages of Australian
copper, a brownfield redevelopment story and a revitalised management team that’s been
executing on plan. Over time, we expect that this OTCQB listing will facilitate increased liquidity in
the Company’s shares, to the benefit of all our shareholders.”
The cross-trading of Cyprium shares on OTCQB provides enhanced easier trading access for
certain investors located in the US and allows investors to access the Company’s shares in USD
during the North American time zone. In addition to accessing a wider reach of potential investors
and other interested stakeholders, trading on the OTCQB also enable the Company to engage a
broader network of data distributors and media partners through the US facing OTC Markets
platform.
The ability to trade the Company’s existing fully paid ordinary shares on the Australian Securities
Exchange (ASX) will not be affected by having the OTCQB listing. No new shares have been
issued. The Company will continue to make announcements and disclosures to the ASX through
the Marketing Operating Rules and Listing Rule requirements.
The Company’s OTCQB application was supported by Amvest Capital Inc. Berns and Berns served
as the Company’s Sponsor for its OTCQB quotation.
This ASX announcement was approved and authorised by the Executive Chair.
ABN 48 002 678 640
T +61 8 6374 1550
ASX: CYM OTCQB: CYPMF
Level 1, 437 Roberts Road
Subiaco, WA, 6008
www.cypriummetals.com
Further information:
Matt Fifield
Manu Trivedi
Executive Chair
Chief Financial Officer, Interim
matt.fifield@cypriummetals.com
manu.trivedi@cypriummetals.com
T +61 8 6374 1550
E communications@cypriummetals.com
About Cyprium Metals Limited
Cyprium Metals Limited (ASX: CYM, OTCQB:CYPMF) is an Australian copper company.
Its flagship property is the Nifty Copper Mine in Western Australia, which previously produced significant
copper from both oxide and sulphide resources. Cyprium is focused on redeveloping Nifty, which has
the advantage of significant invested capital, data from a long operating history, large-scale resources,
current operational approvals, and recent investment in the property.
The Company’s other assets include significant copper-focused properties in the Paterson and
Murchison Provinces, including multiple defined copper resources.
Visit www.cypriummetals.com for further information.
Cyprium Metals (ASX:CYM)
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