- Standard Lithium (SLL) has been approved to list its outstanding common shares on the NYSE American
- The company is expected to start trading on the exchange on July 13 under the ticker symbol SIL
- Standard Lithium will stop trading on the OTCQX at the same time
- The company’s common shares will continue to trade on the TSX Venture Exchange under the new ticker symbol concurrent with the NYSE American listing
- Standard Lithium is up 8.54 per cent, trading at C$5.59 at 2:06 pm ET
Standard Lithium (SLL) has been approved to list its outstanding common shares on the NYSE American.
The company is expected to start trading on the exchange on July 13 under the ticker symbol SIL.
The Vancouver technology and lithium project development company will stop trading on the OTCQX at the same time.
Common shares of the company will continue to trade on the TSX Venture Exchange under the new ticker symbol SLI concurrent with the NYSE American listing.
Existing shareholders are not required to take any action in connection with the change in the ticker symbol or the listing on NYSE American. Shareholders trading on the existing OTCQB platform will be able to trade on the NYSE American following completion of the listing.
“We are pleased to announce and privileged to receive approval for Standard Lithium to be listed on the NYSE American. This is a significant achievement for the Company. We believe the listing will greatly enhance Standard Lithium’s profile with US capital markets, increasing exposure to a larger and more diverse group of institutional and retail investors. It is also important to highlight that we achieved this milestone without a share consolidation,” said Standard Lithium Chief Executive Officer Robert Mintak.
Standard Lithium’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations.
Standard Lithium is up 8.54 per cent, trading at C$5.59 at 2:06 pm ET.
