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CORRECTION FROM SOURCE: Empire Metals Limited Announces Admission to Trading on OTCQB

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Empire Metals (LON:EEE) has announced its admission to trading on the OTCQB Market in the United States under the ticker symbol EPMLF. The cross-trading facility will enable US investors to trade Empire's ordinary shares in US dollars during US market hours.

The company aims to enhance access for US-based investors and increase liquidity through a broader global investor pool. US investors will receive the same level of information and disclosure as UK shareholders through US-facing platforms.

Empire Metals is developing the Pitfield Project, described as the world's largest known titanium discovery, in Australia. The company focuses on producing high-value titanium pigments and metals, targeting industries like defense and aerospace. The company will present to US investors and attend the Critical Minerals North America conference on March 20.

Empire Metals (LON:EEE) ha annunciato la sua ammissione alla negoziazione sul mercato OTCQB negli Stati Uniti con il simbolo ticker EPMLF. Questa struttura di cross-trading permetterà agli investitori statunitensi di scambiare le azioni ordinarie di Empire in dollari americani durante l'orario di mercato statunitense.

L'azienda mira a migliorare l'accesso per gli investitori con sede negli Stati Uniti e aumentare la liquidità attraverso un pool di investitori globali più ampio. Gli investitori statunitensi riceveranno lo stesso livello di informazioni e divulgazione degli azionisti del Regno Unito attraverso piattaforme rivolte agli Stati Uniti.

Empire Metals sta sviluppando il Progetto Pitfield, descritto come la più grande scoperta di titanio conosciuta al mondo, in Australia. L'azienda si concentra sulla produzione di pigmenti e metalli di titanio di alto valore, mirando a settori come la difesa e l'aerospaziale. L'azienda presenterà agli investitori statunitensi e parteciperà alla conferenza Critical Minerals North America il 20 marzo.

Empire Metals (LON:EEE) ha anunciado su admisión a negociación en el mercado OTCQB en los Estados Unidos bajo el símbolo de cotización EPMLF. Esta instalación de negociación cruzada permitirá a los inversores estadounidenses comerciar las acciones ordinarias de Empire en dólares estadounidenses durante el horario del mercado estadounidense.

La empresa tiene como objetivo mejorar el acceso para los inversores con sede en EE. UU. y aumentar la liquidez a través de un grupo de inversores global más amplio. Los inversores estadounidenses recibirán el mismo nivel de información y divulgación que los accionistas del Reino Unido a través de plataformas dirigidas a EE. UU.

Empire Metals está desarrollando el Proyecto Pitfield, descrito como el mayor descubrimiento de titanio conocido en el mundo, en Australia. La empresa se centra en la producción de pigmentos y metales de titanio de alto valor, apuntando a industrias como la defensa y la aeroespacial. La empresa presentará a los inversores estadounidenses y asistirá a la conferencia Critical Minerals North America el 20 de marzo.

엠파이어 메탈스 (LON:EEE)는 미국에서 OTCQB 마켓EPMLF라는 티커 심볼로 상장되었음을 발표했습니다. 이 크로스 트레이딩 시설은 미국 투자자들이 미국 시장 시간 동안 엠파이어의 보통주를 미국 달러로 거래할 수 있도록 합니다.

회사는 미국 기반 투자자들의 접근성을 높이고 더 넓은 글로벌 투자자 풀을 통해 유동성을 증가시키는 것을 목표로 하고 있습니다. 미국 투자자들은 미국을 대상으로 한 플랫폼을 통해 영국 주주들과 동일한 수준의 정보와 공시를 받을 것입니다.

엠파이어 메탈스는 호주에서 세계에서 가장 큰 알려진 타이타늄 발견으로 설명되는 피트필드 프로젝트를 개발하고 있습니다. 이 회사는 방위 및 항공우주와 같은 산업을 목표로 고부가가치 타이타늄 색소 및 금속을 생산하는 데 집중하고 있습니다. 이 회사는 미국 투자자들에게 발표하고 3월 20일 Critical Minerals North America 회의에 참석할 예정입니다.

Empire Metals (LON:EEE) a annoncé son admission à la négociation sur le marché OTCQB aux États-Unis sous le symbole boursier EPMLF. Cette installation de trading croisé permettra aux investisseurs américains de négocier les actions ordinaires d'Empire en dollars américains pendant les heures de marché américaines.

L'entreprise vise à améliorer l'accès des investisseurs basés aux États-Unis et à augmenter la liquidité grâce à un pool d'investisseurs mondiaux plus large. Les investisseurs américains recevront le même niveau d'informations et de divulgation que les actionnaires britanniques via des plateformes destinées aux États-Unis.

Empire Metals développe le projet Pitfield, décrit comme la plus grande découverte de titane connue au monde, en Australie. L'entreprise se concentre sur la production de pigments et de métaux en titane de haute valeur, ciblant des secteurs tels que la défense et l'aérospatiale. L'entreprise se présentera aux investisseurs américains et assistera à la conférence Critical Minerals North America le 20 mars.

Empire Metals (LON:EEE) hat seine Zulassung zum Handel am OTCQB-Markt in den Vereinigten Staaten unter dem Tickersymbol EPMLF bekannt gegeben. Die Cross-Trading-Einrichtung ermöglicht es US-Investoren, die Stammaktien von Empire in US-Dollar während der Handelszeiten der US-Märkte zu handeln.

Das Unternehmen zielt darauf ab, den Zugang für in den USA ansässige Investoren zu verbessern und die Liquidität durch einen breiteren globalen Investorenpool zu erhöhen. US-Investoren erhalten über US-orientierte Plattformen die gleichen Informationen und Offenlegungen wie britische Aktionäre.

Empire Metals entwickelt das Pitfield-Projekt, das als die größte bekannte Titanentdeckung der Welt in Australien beschrieben wird. Das Unternehmen konzentriert sich auf die Produktion von hochwertigen Titanpigmenten und -metallen und richtet sich an Branchen wie Verteidigung und Luft- und Raumfahrt. Das Unternehmen wird sich den US-Investoren präsentieren und am 20. März an der Critical Minerals North America-Konferenz teilnehmen.

Positive
  • Expanded market access through OTCQB listing, potentially increasing trading liquidity
  • Development of world's largest known titanium discovery in Tier 1 jurisdiction (Australia)
  • Strategic position in critical minerals market with focus on defense and aerospace industries
Negative
  • None.

The following amendment has been made to the 'Admission to Trading on OTCQB in the United States' announcement released on 14 March 2025 at 07:00.

The incorrect OTCQB ticker symbol was listed and should be EPMLF.

All other details remain unchanged.

The full amended text is shown below.

LONDON, UK / ACCESS Newswire / March 14, 2025 / Empire Metals Limited / LON: EEE / Sector: Natural Resources

14 March 2025

Empire Metals Limited
("Empire" or "the Company")

Admission to Trading on OTCQB in the United States

Empire Metals Limited (LON:EEE), the AIM-quoted resource exploration and development company,is pleased to announce that its Ordinary Shares have been approved to trade on the OTCQB Market ("OTCQB") in the United States of America (the "US") and will commence trading at the market open today under the ticker symbol "EPMLF".

The cross-trading of Empire Metals' ordinary shares on the OTCQB will provide significant benefits to investors, including enhanced access to trading for US-based investors and greater liquidity from a broader pool of potential investors globally. By trading on the OTCQB, Empire Metals will engage directly with US investors, providing them with the same level of information and disclosure available to shareholders in the United Kingdom, but through US-facing platforms and portals. Additionally, the OTCQB cross-trading facility will enable US investors to access Empire Metals' ordinary shares in US dollars, during US market hours.

Shaun Bunn, Managing Director, said: "Trading on OTCQB opens Empire Metals to a new and diverse pool of potential investors in the US, who are keen for exposure to strategic metals. Titanium is on the critical minerals list in many countries, including the United States. The growing global demand for titanium, particularly in industries like defence and aerospace, underpins our objective to accelerate development at our Pitfield Project, the world's largest known titanium discovery, towards commercialisation. Empire Metals is working to become an industry disruptor by producing high-value titanium pigments and/or titanium metal from a Tier 1 mining jurisdiction in Australia, which we believe will drive strategic interest internationally from investors and consumers alike.

"Trading on the OTCQB is an important component of this vision as we take Pitfield to the international stage, offering investors a significant and responsibly sourced pathway to gain exposure to this high-growth and strategically important commodity. The Company will be presenting to investors in the US next week, as well as presenting at the Critical Minerals North America conference on 20 March, and we are delighted to provide US investors with the opportunity to invest in Empire Metals."

About OTCQB

The ability to trade Empire Metals' existing ordinary shares on AIM will remain unaffected by the OTCQB listing, and no new shares will be issued. Empire Metals will continue to make announcements and disclosures to the London Stock Exchange via the Regulatory News Service and will not be subject to Sarbanes-Oxley or US Securities and Exchange Commission ("SEC") reporting requirements.

The OTCQB is recognised as an Established Public Market by the SEC. To be eligible for the OTCQB, companies must be current in their financial reporting, meet a minimum bid price test, and undergo annual company verification and management certification. As a verified market with efficient access to US investors, OTCQB supports companies as they seek to build shareholder value, enhance liquidity, and achieve fair valuation.

US investors can access real-time quotes, market information, and updates on Empire Metals via www.otcmarkets.com.

Empire Metals has not yet made, and does not expect to make, a determination as to whether it, or any of its subsidiaries, are Passive Foreign Investment Companies ("PFIC") for U.S. tax purposes for any taxable year.

**ENDS**

For further information please visit www.empiremetals.co.uk or contact:

Empire Metals Ltd

Shaun Bunn / Greg Kuenzel / Arabella Burwell

Tel: 020 4583 1440

S. P. Angel Corporate Finance LLP (Nomad & Broker)

Ewan Leggat / Adam Cowl

Tel: 020 3470 0470

Shard Capital Partners LLP (Joint Broker)

Damon Heath

Tel: 020 7186 9950

St Brides Partners Ltd (Financial PR)

Susie Geliher / Charlotte Page

Tel: 020 7236 1177

About Empire Metals Limited

Empire Metals is an AIM-listed exploration and resource development company (LON: EEE) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.

The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO₂ mineralisation, each being over 7km in strike length.

A JORC Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.

The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.

Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.

The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.

*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Empire Metals Limited



View the original press release on ACCESS Newswire

FAQ

What is the new OTCQB trading symbol for Empire Metals (EPMLF)?

Empire Metals will trade on the OTCQB under the ticker symbol 'EPMLF' starting March 14, 2025.

How will EPMLF's OTCQB listing benefit US investors?

US investors can trade Empire Metals shares in US dollars during US market hours, with enhanced access and the same level of information as UK shareholders.

What is Empire Metals' (EPMLF) main project and focus?

Empire Metals is developing the Pitfield Project, the world's largest known titanium discovery, aiming to produce titanium pigments and metals in Australia.

When will EPMLF present at the Critical Minerals North America conference?

Empire Metals will present at the Critical Minerals North America conference on March 20, 2025.
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