OTC Marketplaces Group Welcomes EcoGraf Confined to OTCQX
3 min readNEW YORK, May perhaps 14, 2021 /PRNewswire/ — OTC Markets Team Inc. (OTCQX: OTCM), operator of economical markets for 11,000 U.S. and world-wide securities, today announced EcoGraf Constrained (ASX: EGR) (OTCQX: ECGFF), a vertically built-in HFfree of charge battery anode business, has certified to trade on the OTCQX® Ideal Industry. EcoGraf Limited upgraded to OTCQX from the Pink® sector.
EcoGraf Confined starts trading currently on OTCQX under the symbol “ECGFF.” U.S. traders can obtain recent fiscal disclosure and Genuine-Time Degree 2 prices for the firm on www.otcmarkets.com.
Upgrading to the OTCQX Market place is an critical stage for businesses in search of to present clear investing for their U.S. investors. For businesses outlined on a certified global trade, streamlined market expectations empower them to utilize their house market place reporting to make their data offered in the U.S. To qualify for OTCQX, firms ought to meet higher monetary specifications, abide by greatest apply corporate governance and reveal compliance with applicable securities legislation.
EcoGraf’s Handling Director Mr Andrew Spinks commented, “We are happy to commence investing on the OTCQX at a time when trader desire and expense is surging in the US for the electric auto sector. Our group appears to be like ahead to supporting the transition to clear vitality in the US, as EcoGraf’s vertically built-in eco-welcoming HFfree battery anode materials small business gives mine-to-industry ESG supply chain assurance. This includes recycling, which is positioned to assist reducing carbon emissions and battery unit expenses through restoration of the carbon anode product from recycling lithium-ion battery products.”
B.Riley Securities acted as the firm’s OTCQX sponsor.
About EcoGraf Restricted
EcoGraf is setting up a vertically integrated ‘HFno cost‘ battery anode product organization supporting the worldwide changeover to clean energy and e-mobility. Around US$30 million has been invested to date to produce two remarkably interesting, progress completely ready graphite organizations.
The 1st new condition-of-the-artwork EcoGraf processing facility in Western Australia will manufacture spherical graphite products for export to Asia, Europe and North The us utilizing a outstanding, environmentally liable HFcost-free purification technology to deliver shoppers with sustainably created high performance battery anode materials. Subsequently, the battery graphite manufacturing base will be expanded to consist of added processing services in Europe and North The us to assist the worldwide changeover to clean up, renewable electrical power in the coming decade and the immediate advancement in battery materials.
In addition, the Company’s breakthrough recovery of carbon anode content from recycled batteries using its proprietary method will empower the recycling industry to lessen battery squander and use recycled carbon anode substance to increase battery lifecycle effectiveness.
To complement these battery graphite operations, the Corporation is also advancing the TanzGraphite normal flake graphite enterprise, with advancement of the Epanko Graphite Venture, which will offer more feedstock for the battery anode materials services and offer customers with mine-to-sector ESG source chain assurance.
About OTC Markets Team Inc.
OTC Marketplaces Group Inc. (OTCQX: OTCM) operates the OTCQX® Finest Market place, the OTCQB® Venture Market place and the Pink® Open Market for 11,000 U.S. and global securities. Via OTC Link® ATS and OTC Link ECN, we connect a varied community of broker-dealers that offer liquidity and execution expert services. We empower buyers to conveniently trade via the broker of their option and empower corporations to improve the good quality of facts readily available for traders.
To understand far more about how we generate superior educated and a lot more economical markets, go to www.otcmarkets.com.
OTC Link ATS and OTC Hyperlink ECN are SEC regulated ATSs, operated by OTC Hyperlink LLC, member FINRA/SIPC.
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