NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) —
OTC Markets Group Inc.
(OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced
Arena Minerals, Inc.
(TSX-V: AN; OTCQX: AMRZF), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Arena Minerals, Inc. upgraded to OTCQX from the OTCQB® Venture Market.
Arena Minerals, Inc. begins trading today on OTCQX under the symbol “AMRZF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com
.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
About Arena Minerals, Inc.
Arena owns 65% of the Sal de la Puna Project covering approximately 11,000 hectares of the Pastos Grandes basin located in Salta, Argentina. The claims are highly prospective and share the basin with two advanced lithium brine projects. In addition to Sal de la Puna, the Company owns the Antofalla lithium brine project in Argentina, consisting of four claims covering a total of 6,000 hectares of the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation’s Antofalla project. Arena has developed a proprietary brine processing technology using brine type reagents derived from the Antofalla project with the objective of producing more competitive battery grade lithium products. Arena also owns 80 percent of the Atacama Copper property within the Antofagasta region of Chile, and 5.82 million shares of Astra Exploration. The projects are at low altitudes, within producing mining camps in infrastructure-rich areas, located in the heart of Chile’s premier copper mining district.
About OTC Markets Group Inc.
OTC Markets Group Inc.
(OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX
®
Best Market, OTCQB
®
Venture Market and Pink
®
Open Market.
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