Resolution Minerals (ASX:RML) Fast-Tracks U.S. Strategy with OTCQB Listing

Jane Morgan Management

13 June 2024 – Sydney, Australia | Resolution Minerals Limited (ASX:RML) has today announced it is in the final stages of completing its listing on the United States OTCQB Market under the ticker code RLMLF. This is a move that is designed to increase visibility and accessibility for North American investors, and the listing follows growing U.S. interest in the company. This is particularly pertinent as a response to its acquisition of the Horse Heaven Antimony-Gold-Silver-Tungsten Project in Idaho.

Key Benefits of the OTCQB Listing: 

• Increased Access to U.S. Capital and Investors
  

• U.S. Dollar-Denominated Trading: U.S. investors can trade in USD, reducing forex friction.

• Expanded Investor Base: Enables U.S. and global investors to trade RML shares in their local time zones and currency without the need for cross-border brokerage accounts.

• Enhanced Liquidity: Opens the door to a larger pool of institutional and retail investors, helping to drive greater trading volume and share liquidity.

• Stronger Market Presence: Expands RML’s profile in the world’s largest capital market, reinforcing its positioning as a potentially significant future supplier of global critical metals.

• Step Toward U.S. Exchange Listing: Can serve as a stepping stone to a major U.S. exchange listing in the future such as NASDAQ.

• Enhanced Trading Hours: Global Trading: U.S. investors can trade shares during U.S. market hours, complementing trading in the home market.

• Other notable companies that have dual listed include Deep Yellow Limited (ASX:DYL), BrainChip Limited (ASX:BRN), Dateline Resources Ltd (ASX:DTR), MTM Critical Metals Ltd (ASX:MTM), Horizon Oil Ltd (ASX:HZN), Challenger Gold Ltd (ASX:CEL) and Sayona Mining Ltd (ASX:SYA).

The dual listing is expected to enhance Resolution’s global presence, improve liquidity, and serve as a platform for potential future listings on major U.S. exchanges such as NASDAQ. It will also provide access to U.S. Department of Defense funding and benefit from fast-tracked permitting processes under recent critical mineral initiatives, including the FAST-41 program.

Executive Director, Aharon Zaetz commented: “Listing on the OTCQB Market is a strategic move that aligns with our vision of becoming a globally recognised developer of what we believe will become a major Antimony, Gold, Silver and Tungsten deposit in the United States. Given the growing interest in RML from U.S. institutions and broader investor base since announcing the Horse Heaven Project agreement, this dual listing will allow us to connect with a much larger investor audience, including the investors who have been involved in the hugely successful Perpetua Resources (PPTA.NAS) next door to Horse Heaven, and unlock the benefits of being accessible to the biggest equity market in the world. Appetite from US investors for US based antimony and critical metals exposure is very strong in light of the current favourable market, and RML will now be able to offer these investors exposure to one of the best American antimony assets around.”

The Horse Heaven Project is strategically located adjacent to Perpetua Resources’ Stibnite Gold-Antimony Project, which has seen a significant share price increase over recent months. Resolution’s positioning is designed to tap into strong institutional demand for U.S.-based antimony and critical minerals, particularly amid global supply concerns and geopolitical developments such as China’s export bans.

For further information, please contact:

Aharon Zaetz
Executive Director
Resolution Minerals Ltd
[email protected]

Jane Morgan
Investor Relations
Jane Morgan Management
[email protected]

Jane Morgan
Jane Morgan Management
Investor & Media Relations
[email protected]