Macarthur Minerals (ASX:MIO) to list on OTCQB
13 May 2020 06:07 (AEST)
- Macarthur Minerals (MIO) intends to re-list on the OTCQB market to expand its exposure to over-the-counter markets
- The company will file its application within the next two weeks
- Macarthur Minerals has enlisted the help of investment bank Northland Capital Markets to sponsor the OTCQB application
- By listing on an over-the-counter market, the company hopes to reach a greater number of U.S. investors and potential business partners
- Macarthur Minerals is currently developing The Lake Giles Iron Project in Western Australia
- Macarthur Minerals shares are 17.7 per cent higher today, trading for 20 cents each