Lithium Royalty Corp., a company with a strategic stake in the future of transportation electrification and decarbonization, has commenced trading on the OTCQX Best Market under the ticker symbol "LITRF" today. This milestone marks a significant upgrade from the Pink Open Market and is a testament to the company's commitment to high financial standards, corporate governance, and compliance with U.S. securities laws.
The transition to the OTCQX Best Market is expected to foster transparent trading for U.S. investors and enhance shareholder value. OTC Markets Group Inc., which operates several public markets including the OTCQX Best Market, OTCQB Venture Market, and Pink Open Market, confirmed the company's graduation today.
Lithium Royalty Corp.'s CEO, Ernie Ortiz, expressed optimism about the opportunities that lie ahead in this new market segment. The company's portfolio of 33 revenue royalties on mineral properties across Australia, Canada, South America, and the United States positions it favorably in the rapidly evolving sectors of clean energy and electric vehicles.
JWTT Inc. played a pivotal role as Lithium Royalty Corp.'s sponsor during the transition process, helping to facilitate the move to a market platform that requires adherence to stringent financial and governance standards.
The OTCQX Best Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.
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