NEW YORK, June 19, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Standard Lithium Ltd. (TSX-V: SLL; OTCQX: STLHF), who is in the business of evaluating, acquiring and developing lithium projects in the USA, has qualified to trade on the OTCQX® Best Market. Standard Lithium upgraded to OTCQX from the Pink® market.
Standard Lithium begins trading today on OTCQX under the symbol "STLHF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Upgrading to OTCQX will enable Standard Lithium to trade alongside the many resources companies that use the market to efficiently build visibility, expand access to news and financial disclosure and provide a more transparent trading market for its U.S. investors," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "We look forward to supporting Standard Lithium and its shareholders."
"We are excited to now be traded on the OTCQX market. It is an important step forward as we continue our efforts to increase visibility and liquidity for the company," stated Robert Mintak, Standard Lithium CEO. "We believe OTCQX will provide our company the ability to develop a strong U.S. shareholder base as we continue to grow the company."
Standard Lithium was sponsored for OTCQX by Clark Wilson LLP, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Standard's value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovation & results oriented management team with a strong focus on technical skills. The company is currently focused on the immediate exploration and development of its 16,000+ acre Bristol Lake, Brine Project located in the Mojave region of San Bernardino County, California. The location has significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and is already permitted for extensive brine extraction and processing activities. Standard also recently announced the acquisition of the 41,000+ acre Paradox Basin Project located in Grand County, Utah.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
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SOURCE OTC Markets Group Inc.