LIFT Announces the Commencement of OTCQX Trading
August 10, 2023 – Vancouver, B.C., Li-FT Power Ltd. (“LIFT” or the “Company”) (CSE: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) today announced that its common shares will begin trading on the OTCQX Best Market under the ticker symbol “LIFFF,” effective at the opening of trading on Thursday, August 10, 2023. The OTCQX Best Market is the highest tier of OTC Markets, which operates markets on which 12,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors.
Francis MacDonald, CEO of LIFT commented: “We are delighted to announce LIFT's graduation from the Pink Market to the OTCQX Market. This will allow greater access and visibility for the Company as we advance our maiden 45,000 metre drill program at the Yellowknife Lithium Project in Northwest Territories in Canada. We continue to expand our presence within the U.S. investment community during an exciting time for the Company; trading our shares on the OTCQX Market will facilitate further expansion and growth for LIFT."
LIFT is in the process of securing Depository Trust Company ("DTC") eligibility for its common shares. DTC manages electronic clearing and settlement of publicly traded companies across the United States and in 131 other countries. Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com/stock/LIFFF/quote.
LIFT's listing on the CSE and trading its shares on the OTCQX contribute to a growing awareness of the Company and affords investors a lower-barrier access to trading.
LIFT is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. The Company’s flagship project is the Yellowknife Lithium Project located in Northwest Territories, Canada. LIFT also holds three early-stage exploration properties in Quebec, Canada with excellent potential for the discovery of buried lithium pegmatites, as well as the Cali Project in Northwest Territories within the Little Nahanni Pegmatite Field.
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