Orange Minerals Starts OTCQB Trading, Boosting Access to North American Investors
Orange Minerals NL has begun trading on the U.S. OTCQB Venture Market, enhancing its visibility and liquidity among North American investors while progressing its strategic acquisition of a promising gold project in Ghana.
- Commencement of OTCQB trading under ticker ORMXF
- No new shares issued; capital structure unchanged
- Advancing acquisition of Tepa Project in Ghana's Bibiani Gold Field
- Dual listing maintains ASX presence alongside U.S. market access
- Enhanced exposure to North American institutional and retail investors
Broadening Horizons with OTCQB Listing
Orange Minerals NL (ASX – OMX) has taken a significant step in its international growth strategy by commencing trading on the OTCQB Venture Market in the United States under the ticker symbol ORMXF. This move is designed to increase the company’s visibility and accessibility among North American investors, both institutional and retail, by enabling share trading in U.S. dollars during U.S. market hours.
The OTCQB platform, operated by OTC Markets Group in New York, offers a deeper pool of capital and enhanced liquidity, which could be pivotal for a junior mining company like Orange Minerals. Importantly, this listing does not involve issuing new shares or altering the company’s capital structure, preserving shareholder value while expanding market reach.
Maintaining Dual Market Presence
Despite the new U.S. listing, Orange Minerals will continue trading on the Australian Securities Exchange (ASX) under its existing ticker OMX. The company has committed to providing consistent disclosures and announcements to both the ASX and OTC Markets platforms, ensuring transparency and equal access to material information for investors across both jurisdictions.
This dual-listing approach reflects a balanced strategy to maintain strong ties with its Australian investor base while tapping into the liquidity and capital opportunities available in the U.S. market.
Advancing the Tepa Project Acquisition
Parallel to its market expansion, Orange Minerals is progressing towards completing the acquisition of the Tepa Project in Ghana’s Ashanti Region. This project encompasses three licences; Wioso, Mpasaso, and Ohiape; covering 166 square kilometres in the prolific Bibiani Gold Field, an area known for significant gold deposits including Bibiani and Chirano.
The addition of the Tepa Project complements Orange’s existing Australian assets and strengthens its exploration portfolio across multiple jurisdictions. The company’s focus on disciplined growth and project advancement signals a commitment to delivering long-term shareholder value.
Looking Ahead
With trading now active on both the ASX and OTCQB, and the Ghana acquisition nearing completion, Orange Minerals is well-positioned to accelerate its exploration efforts and attract a broader investor base. The company’s strategic moves highlight a forward-looking approach aimed at capitalising on global opportunities in the gold exploration sector.
Bottom Line?
Orange Minerals’ dual listing and Ghana project acquisition set the stage for a more global and liquid future.
Questions in the middle?
- When will the Tepa Project acquisition be finalized and what are the financial terms?
- How will the OTCQB listing impact trading volumes and liquidity for Orange Minerals shares?
- What exploration milestones or results can investors expect from the Tepa Project in the near term?
