Successful Uplisting to OTCQX Market in the United States
Released
Released
Announcement PDF
MTM Critical Metals Ltd (Metallium Ltd)
ASX: MTM | OTCQX: MTMCF
Australia: Perth, Western Australia
USA:
ASX Release
Houston, Texas
04 July 2025
MTM Critical Metals (Metallium) Commences Trading on OTCQX Market in the U.S.
Metallium Ltd – ASX:MTM | OTCQX:MTMCF
MTM Critical Metals Limited (“MTM” or the “Company”) (ASX: MTM; OTCQX: MTMCF) to be renamed Metallium Ltd
following shareholder approval at the recent EGM, is pleased to announce it has commenced trading on the OTCQX ®
Best Market, upgrading from the OTCQB® Venture Market. The Company’s OTC ticker symbol remains MTMCF.
This uplisting to the top tier of OTC Markets marks a significant milestone in the company’s U.S. capital markets strategy
and enhances access for North American institutional and retail investors.
KEY HIGHLIGHTS
▪
Commenced trading on the OTCQX® Best Market under the ticker symbol MTMCF, upgrading from the OTCQB ®.
▪
Enhances visibility and access to U.S. investors, including broker-dealer support and expanded ‘Blue Sky’
compliance, allowing the Company’s shares to be legally offered and recommended to retail and institutional
investors across a broader number of U.S. states.
▪
Now part of a select group of ASX-listed peers on OTCQX, including Boss Energy, Bannerman Energy, and
Brainchip Holdings.
▪
Aligns with Metallium’s U.S.-centric strategy and near-term revenue objectives from domestic processing of
critical and precious metals.
▪
Non-dilutive uplisting: No capital raising or new share issuance required.
▪
Evaluation of a sponsored Level I American Depositary Receipt (ADR) program also underway to further improve
accessibility for U.S. investors, with no impact to existing ASX shareholders or listing.
▪
Broadens access to the deep U.S. capital markets during a period of rapid commercialisation and partnership
growth.
▪
Name change to Metallium Ltd underway on the ASX and other market platforms.
▪
Metallium is pioneering low-carbon, high-efficiency recovery of critical and precious metals, including gallium,
germanium, antimony, rare earths, and gold, via patented Flash Joule Heating (FJH) technology.
▪
The company has secured its first U.S. commercial site in Texas.
MTM Managing Director & CEO, Michael Walshe, commented:
“Graduating to OTCQX is a key milestone in our U.S.-focused strategy, providing increased visibility and access for North
American investors. It enables trading and settlement in U.S. dollars during local market hours, removing friction for our
growing U.S. investor base. With development of our first U.S.-based Flash Joule Heating facility underway in Texas and
strategic partnerships continuing to gain traction, the timing of this upgrade couldn’t be better.
“Moreover, as part of our broader U.S. capital markets strategy, we are also reviewing the potential introduction of a Level
I ADR program to further enhance access for U.S. investors. This complements our efforts to position Metallium as a leading
U.S.-based industrial technology company at the forefront of critical metal recovery and supply chain resilience”.
“The Company continues to actively advance strategic partnerships across the U.S. and globally. Following last week’s
heavily oversubscribed, institutional-only $50 million capital raise, which lifted institutional ownership to nearly 35%, this
OTCQX uplisting is expected to further support those ongoing discussions and the Company’s broader ambition to deepen
U.S. institutional participation on the register”.
ENGAGE WITH THIS ANNOUNCEMENT ON INVESTORHUB: HERE
ASX: MTM | OTCQX: MTMCF
ABOUT OTC MARKETS
OTCQX is the highest tier of OTC Markets Group, designed for established,
investor-focused U.S. and international companies. To qualify, companies
must meet stringent financial, governance and compliance standards.
Metallium’s uplisting supports its transition into an industrial technology business focused on commercialising proprietary
Flash Joule Heating technology to recover high-value strategic and precious metals from critical mineral concentrates and
high-grade waste streams.
FURTHER ENHANCEMENTS FOR U.S. INVESTOR ACCESS UNDER REVIEW
The Company is also evaluating the potential establishment of a sponsored Level I American Depositary Receipt (ADR)
program. An ADR is a U.S.-traded security that represents shares in a foreign company, providing U.S. investors with a
more convenient and familiar way to gain exposure to offshore equities.
If implemented, an ADR program would enable Metallium shares to be traded in U.S. dollars and held through U.S. brokerage
accounts, further improving accessibility and visibility in North America. Importantly, any such program would be nondilutive, would not involve the issuance of new shares, and would have no impact on existing ASX shareholders or the
Company’s primary listing on the Australian Securities Exchange.
This announcement has been authorised for release by the Board of Directors.
For further information, please contact:
Michael Walshe
Managing Director & CEO
Metallium Ltd
info@MetalliumInc.com | +61 8 6391 0112
Andrew Keys
Investor Relations & Corporate Communications
Keys Thomas Associates
Andrew.keys@keysthomas.com | +61 400 400 380
ABOUT MTM CRITICAL METALS (METALLIUM) LIMITED
MTM Critical Metals Limited (soon to be renamed Metallium Ltd) (ABN 27 645 885 463), is pioneering a low-carbon, high-efficiency
approach to recovering critical and precious metals from mineral concentrates and high-grade waste streams. The company’s patented
Flash Joule Heating (FJH) technology enables the extraction of high-value materials—including gallium, germanium, antimony, rare
earth elements, and gold—from feedstocks such as refinery scrap, e-waste, and monazite.
Aligned with U.S. strategic supply chain objectives, Metallium has recently secured its first commercial site in Texas via its wholly owned
subsidiary, Flash Metals USA Inc., marking a major step toward near-term production and revenue generation.
To learn more, visit:
Website:
MetalliumInc.com
Contact:
info@MetalliumInc.com
Investor Hub:
Investorhub.MetalliumInc.com
𝕏
x.com/Metallium_MTM
|
+61 8 6391 0112
www.linkedin.com/company/metalliumltd
USA Office:
12 Greenway Plaza, Suite 1100, Houston, Texas USA 77046
Australia Office:
Unit 4, 22 Railway Road, Subiaco, Western Australia 6008
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ASX: MTM | OTCQX: MTMCF
ABOUT OTC MARKETS GROUP INC.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for over 12,000 U.S. and global securities. The OTCQX® Best
Market is its premier tier for investor-focused companies meeting high financial and governance standards.
To qualify for OTCQX, companies must have a closing bid price of at least US$0.25 per share for 30 consecutive calendar days, meet corporate governance
and disclosure standards, and remain compliant with U.S. securities laws. After uplisting to OTCQX, companies remain eligible provided their share price
does not fall below US$0.10 for 20 consecutive trading days.
For real-time quotes and financial disclosures, visit: www.otcmarkets.com/stock/MTMCF
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