Boab Metals Targets U.S. Investors with OTCQB Listing Amid Silver Surge

Expanding Horizons, Boab Metals’ U.S. OTCQB Listing

Boab Metals Limited, an Australian exploration and development company, has announced it is pursuing a listing on the U.S. OTCQB Venture Market. This strategic move is designed to broaden the company’s investor base by providing U.S. investors with the opportunity to trade Boab’s shares in U.S. dollars and during American trading hours. The OTCQB listing will complement Boab’s existing Australian Securities Exchange (ASX) listing, enhancing liquidity and raising the company’s profile in the world’s largest capital market.

Riding the Wave of Silver’s Resurgence

The timing of this initiative is no coincidence. Silver prices have recently surged above US$43 per ounce, reaching their highest levels in over a decade. This rise reflects both growing industrial demand and silver’s enduring role as a store of value amid global economic uncertainties. Adding to silver’s strategic appeal, the U.S. Department of Interior has included it in its draft 2025 Critical Minerals List, highlighting its essential role in clean energy technologies, electrification, and advanced manufacturing.

Sorby Hills, A Jewel in Boab’s Portfolio

Central to Boab’s growth story is the Sorby Hills Project, located in Western Australia’s Kimberley region. The project is one of the most advanced undeveloped lead-silver deposits globally, boasting a completed Definitive Feasibility Study and established environmental approvals. Its proximity to existing infrastructure, including sealed roads and port facilities, positions Sorby Hills as a near-term, sustainable producer. Boab holds a 75% interest in the project, with an option to acquire the remaining 25% from Henan Yuguang Gold & Lead Co. Ltd. upon reaching a Final Investment Decision.

Strategic Vision and Market Implications

Boab’s Managing Director Simon Noon emphasised that listing on the OTCQB is a natural progression in the company’s growth strategy. He noted that North American investors have a sophisticated understanding of silver and critical minerals, which could translate into stronger market recognition and potentially higher valuations compared to Australian peers. This move not only expands Boab’s shareholder base but also reinforces its positioning as a future supplier of metals critical to the global energy transition.

While the announcement does not specify a timeline for the OTCQB listing completion, it signals Boab’s intent to engage more deeply with U.S. capital markets. Investors will be watching closely for further developments on the listing process and progress at Sorby Hills, especially as silver’s strategic importance continues to rise.