Falcon Energy Materials Uplists to OTCQB Venture Market to Enhance U.S. Investor Access
TL;DR
Falcon Energy Materials uplisting to OTCQB provides enhanced market visibility and access to U.S. investors, potentially increasing shareholder value and liquidity.
Falcon Energy Materials transitioned from OTC Pink to OTCQB, maintaining TSX Venture listing under FLCN while adding OTCQB trading under FLCNF.
Falcon's growth supports sustainable energy storage solutions through natural graphite production, contributing to cleaner energy infrastructure globally.
Falcon Energy Materials now trades on the premier U.S. OTCQB market while developing a Moroccan graphite facility projected for $152 million annual EBITDA.
Falcon Energy Materials plc has received approval to uplist from the OTC Pink market to the OTCQB Venture Market, operated by OTC Markets Group Inc. The uplisting became effective immediately, positioning the company on what is considered the premier U.S. marketplace for early-stage and developing companies. This transition represents a significant milestone in Falcon's corporate development strategy and market positioning.
The OTCQB, established in 2010, provides improved visibility and greater access to U.S. investors and is recognized by the U.S. Securities and Exchange Commission as an established public market. For more detailed information about the OTCQB and its requirements, investors can visit https://www.otcmarkets.com. Falcon's shares will trade on the OTCQB under the ticker symbol "FLCNF" while continuing to maintain its listing on the Toronto TSX Venture Exchange under the symbol "FLCN." This dual listing approach allows the company to maintain its Canadian market presence while expanding its reach into the substantial U.S. investment community.
According to company leadership, this strategic move is expected to enhance liquidity, increase transparency, and broaden Falcon's exposure to both retail and institutional investors in the U.S. capital markets. Matthieu Bos, Chief Executive Officer of Falcon, emphasized that "This uplisting marks an important step in our growth strategy. Trading on the OTCQB Venture Market aligns with our commitment to increasing shareholder value, improving market visibility, and maintaining high standards of corporate governance." The statement underscores the company's focus on corporate governance and shareholder value creation through strategic market positioning.
The uplisting occurs as Falcon Energy Materials positions itself as a future provider of natural Coated Spheronized Purified Graphite, a critical component for energy storage solutions. The company operates as a dedicated chemical refiner of natural graphite concentrate and is progressing toward developing a state-of-the-art 25 ktpa CSPG production facility in Morocco. Once operational, this facility is projected to generate approximately $152 million in annual EBITDA with an industry-leading EBITDA margin of around 62%. Additional company information is available at https://www.falconem.net.
Falcon's strategic partnerships with leading Chinese technology firms and Tier One Moroccan partners provide the company with advanced technological expertise, access to high-quality raw materials and chemicals, and a prime geographical location. These advantages position Falcon to deliver consistent, high-quality supply to global markets. The company's focus on sustainable growth and innovation aligns with increasing global demand for critical materials essential to energy storage and emerging industries. This market expansion through the OTCQB uplisting supports Falcon's ambition to become the preferred producer of natural CSPG, contributing to the broader adoption of advanced energy storage technologies worldwide.
Curated from NewMediaWire