American Uranium Upgrades to OTCQB, Enhancing Liquidity for U.S. Investors

Trading Upgrade Enhances U.S. Market Presence

American Uranium Limited (ASX – AMU, OTCQB – AMUIF) has announced a significant upgrade in its U.S. trading status, moving from the OTCID market to the OTCQB Venture Market. This change, effective immediately, allows the company’s shares to be traded under the same ticker, AMUIF, but with improved liquidity and accessibility during U.S. market hours, denominated in U.S. dollars.

The upgrade aligns closely with American Uranium’s strategic objective to broaden its shareholder base in North America and raise its profile among U.S. investors. Given the company’s focus on uranium assets within the United States, particularly its flagship Lo Herma ISR uranium project in Wyoming’s Powder River Basin, this enhanced market presence is timely.

No Added Compliance Burden

Importantly, American Uranium’s existing status as an ASX-listed entity means it already meets the stringent financial reporting and disclosure standards required by the OTCQB. As a result, the upgrade does not impose any new regulatory or compliance obligations, allowing the company to focus resources on advancing its uranium projects rather than administrative overhead.

The Lo Herma project, situated in one of North America’s premier uranium districts, is progressing through resource expansion and technical de-risking phases. It represents a near-term, low-cost in-situ recovery (ISR) uranium opportunity, which is increasingly relevant amid growing U.S. interest in domestic uranium supply and nuclear energy security.

Market Implications and Investor Interest

The move to the OTCQB is expected to facilitate greater participation from U.S. investors, who are showing rising interest in uranium assets amid geopolitical and energy security considerations. By improving liquidity and trading accessibility, American Uranium positions itself to attract a broader and more engaged investor base, potentially supporting its capital raising and development ambitions.

CEO Bruce Lane emphasised the significance of this milestone, noting that the upgrade will enhance visibility in the U.S. investment market and provide North American investors with easier access to the company’s shares as it advances the Lo Herma project toward development.