On November 17, Spartan Metals Corp. launched its common shares on the OTCQB® Venture Market in the United States, trading under the symbol SPRMF. This transition marks a pivotal step for the company as it continues to develop its flagship project focused on crucial minerals.
Based in Vancouver, Canada, Spartan Metals is already listed on the TSX Venture Exchange as W. The dual listing aims to enhance the company’s visibility and attract a broader audience of potential investors eager to participate in its growth.
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Strategic importance of the OTCQB listing
Brett Marsh, the President and CEO of Spartan Metals, emphasized the significance of this new listing. The company’s mission revolves around unlocking critical mineral resources in the United States, particularly through its flagship Eagle tungsten-silver-rubidium project situated in Nevada. “Our presence on the OTCQB allows U.S. investors to engage with us more easily, thereby amplifying our marketing efforts,” stated Marsh.
By being part of the OTCQB, Spartan Metals gains access to a larger pool of equity capital, which is essential for its expansion plans. The OTCQB operates under stringent quality standards, ensuring that companies are current in their financial reporting and undergo rigorous annual verification processes. This commitment to transparency is vital for investors who seek reliable trading experiences.
Enhanced trading liquidity
In addition to the OTCQB listing, Spartan Metals is also eligible for the Depository Trust Company (DTC). The DTC facilitates the electronic clearing and settlement of publicly traded companies, which offers significant advantages for both investors and brokers. This eligibility means that Spartan’s shares can be distributed and settled through automated processes, making transactions smoother and more efficient.
Investors looking for real-time quotes and information about Spartan Metals can find it readily available on www.otcmarkets.com. This resource is invaluable for shareholders and potential investors alike, as it assures them of the company’s commitment to providing a high-quality trading environment.
New investor relations strategy
As part of its efforts to boost visibility, Spartan Metals has engaged ValPal Management Consultancy, a Dubai-based firm, to spearhead its investor-focused media and distribution services. This initiative, set to kick off on November 20, comes at a cost of $8,000 for a comprehensive 12-month campaign.
ValPal operates at arm’s length from Spartan and is tasked with enhancing the company’s profile in the investment community. Jasper Wijk, co-founder of ValPal, will oversee all related activities, aiming to elevate awareness about Spartan’s strategic mineral projects.
About Spartan Metals Corp.
Spartan Metals is dedicated to developing essential mineral projects located in premier mining regions across the Western United States. The company’s focus is on a diverse range of strategic defense minerals, including but not limited to tungsten, rubidium, antimony, bismuth, and arsenic.
The company’s flagship enterprise, the Eagle Project, boasts the highest-grade historic tungsten resource in the United States, originating from the former Tungstonia Mine. Beyond tungsten, the project also encompasses significant undeveloped resources such as high-grade rubidium, antimony, bismuth, and indium, as well as various precious and base metals.
Based in Vancouver, Canada, Spartan Metals is already listed on the TSX Venture Exchange as W. The dual listing aims to enhance the company’s visibility and attract a broader audience of potential investors eager to participate in its growth.0
