Orange Minerals (ASX:OMX) has commenced trading on the OTCQB Venture Market in the United States under the ticker symbol ORMXF. This move is part of Orange Minerals’ strategy to broaden its international investor base and increase its global footprint. The OTCQB platform enables US investors to trade Orange shares in US dollars during US market hours, providing greater accessibility to the company’s stock.
Orange Minerals is a gold and copper explorer focused on projects within the Lachlan Fold Belt in New South Wales, as well as the Eastern Goldfields and Pilbara regions of Western Australia. The company, which currently has a market capitalisation of $10.82 million, is also progressing with the acquisition of the Tepa Project, which includes three licences covering 166 square kilometres in Ghana’s Bibiani Goldfield.
The OTCQB listing is expected to provide Orange Minerals with increased access to a deeper pool of capital and enhanced liquidity. With trading now active on both the ASX and OTCQB, and the Tepa Project acquisition nearing completion, Orange Minerals believes it is well-positioned to advance its exploration efforts across multiple jurisdictions.
This expansion into the US market represents a significant step for Orange Minerals as it seeks to grow its presence and attract a wider range of investors to support its exploration activities. The company aims to leverage its dual listings and diverse project portfolio to create long-term value for shareholders.
