REG - Empire Metals Ltd - Empire Upgrades to OTCQX

Empire MetalsAnnouncement

03/09/2025 07:00

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RNS Number : 2661X  Empire Metals Limited  03 September 2025

Empire Metals Limited / LON: EEE, OTCQX: EPMLF / Sector: Natural Resources

 

3 September 2025

Empire Metals Limited

("Empire" or "the Company")

 

Empire Metals upgrades to OTCQX, enhancing accessibility for U.S. investors

 

Empire Metals Limited (LON:EEE; OTCQX:EPMLF), the resource exploration and
development company, is pleased to announce that it has advanced to trade on
the OTCQX® Best Market ("OTCQX"). The Company has upgraded to OTCQX from the
OTCQB® Venture Market and will begin trading today on OTCQX under the symbol
"EPMLF". U.S. investors can find current financial disclosure and Real-Time
Level 2 quotes for the Company on www.otcmarkets.com
(https://www.otcmarkets.com/?utm_source=Press%20Release&utm_medium=Press%20Release&utm_campaign=New%20OTCQX%20Company)
. U.S. investors can find current financial disclosure and Real-Time Level 2
quotes for the Company on www.otcmarkets.com
(https://www.otcmarkets.com/?utm_source=Press%20Release&utm_medium=Press%20Release&utm_campaign=New%20OTCQX%20Company)
.

 

Empire Metals continues to gain momentum through ongoing achievements in
drilling results, metallurgical advancements, and product development at the
Pitfield Titanium Project. These accomplishments have led to an upgrade for
Empire on to OTCQX.

 

The cross-trading of Empire's ordinary shares on OTCQX is expected to enhance
the visibility and accessibility of its shares to U.S. investors, who will
also benefit from greater liquidity from a broader pool of potential investors
globally. OTCQX is also the highest-level trading venue of the OTC Markets
Group Inc. on which 12,000 U.S. and global securities trade.

 

By trading on OTCQX, Empire 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 OTCQX cross-trading facility will enable US
investors to access Empire's ordinary shares in US dollars, during US market
hours.

 

Commenting on the announcement, Shaun Bunn, Managing Director, said:

"I am delighted to announce our upgrade to OTCQX. Building on the Company's
international shareholder base, this further enhances the accessibility and
visibility of our shares to both U.S. institutional and retail investors.

 

"Trading on OTCQX offers even more investors a pathway to participate in
Empire's growth and gain exposure to titanium - a strategically important
critical mineral with strong fundamentals. We look forward to welcoming new
U.S. investors as shareholders."

 

About OTCQX

The ability to trade Empire's existing ordinary shares on AIM will remain
unaffected by the OTCQX listing. 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.

 

**ENDS**

 

For further information please visit www.empiremetals.co.uk
(http://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)                                      Tel: 020 3470 0470

 Ewan Leggat / Adam Cowl
 Shard Capital Partners LLP (Joint Broker)                                               Tel: 020 7186 9950

 Damon Heath
 St Brides Partners Ltd (Financial                                                       Tel: 020 7236 1177
 PR)

 Susie Geliher / Charlotte Page

 

About Empire Metals Limited

Empire Metals is an AIM-listed and OTCQX-traded exploration and resource
development company (LON: EEE, OTCQX: EPMLF) 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 in-situ 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,
in-situ bedded TiO₂ mineralisation, each being over 7km in strike length.

 

An 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% TiO(2).  Included
within the total Exploration Target* is a subset that covers the in-situ
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% TiO(2).

 

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. See RNS dated 12 June 2024 for full details.

 

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 public markets: OTCQ® Best Market, OTCQB® Venture
Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link®
Alternative Trading Systems (ATSs) provide critical market infrastructure that
broker-dealers rely on to facilitate trading. Our innovative model offers
companies more efficient access to the U.S. financial markets.

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