REG - Harena Resources PLC - Intention to Cross-Trade on the OTCQB Market

Harena ResourcesAnnouncement

Tue 12:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250916:nRSP5533Za&default-theme=true

RNS Number : 5533Z  Harena Resources PLC  16 September 2025

16 September 2025

 

Harena Resources Plc

("Harena" or the "Company")

 

Intention to Cross-Trade on the OTCQB Market

Appointment of Donohoe Advisory Associates LLC as US adviser

 

Harena Resources Plc (LSE: HREE), the rare earths company focused on the
Ampasindava ionic clay rare earth project in Madagascar (the "Ampasindava
Project"), announces that it intends to file an application with the OTC
Markets Group ("OTC") for the Company's ordinary shares of 0.5 pence each
("Ordinary Shares") to be publicly cross-traded on the OTCQB Venture Market
(the "OTCQB Market"). Subject to approval, the OTCQB Market will provide
easier access to trading in the Ordinary Shares to investors in North
America.

 

Donohoe Advisory Associates LLC ("Donohoe Advisory"), a leading advisory firm
focused exclusively on assisting companies with Nasdaq, NYSE, and OTC Markets
listing matters, will act as OTC Sponsor to the Company.

 

Ivan Murphy, Non-Executive Chairman of Harena, said:

 

"Cross-trading on the OTCQB Market is an important step for the Company as we
seek to connect with key U.S. stakeholders, including not only investors
seeking exposure to our strategically important rare earth project, but also
institutions and corporate partners. Furthermore, it reflects our recognition
of the ever-growing U.S. critical mineral demand and breaking the reliance on
China. We are delighted to be working with Donohoe Advisory and we look
forward to progressing our OTCQB Market application."

 

The Ordinary Shares will continue to trade on the London Stock Exchange under
the ticker "HREE".

A further announcement will be made once the application is approved.

 

For further information please contact:

 

 Harena Resources Plc

 Ivan Murphy, Non-Executive Chairman                              +44 (0)20 7770 6424

 Allan Mulligan, Executive Technical Director

 Allenby Capital Limited - Financial Adviser & Joint Broker       +44 (0)20 3328 5656

 Jeremy Porter / Vivek Bhardwaj (Corporate Finance)               info@allenbycapital.com (mailto:info@allenbycapital.com)

 Amrit Nahal / Kelly Gardiner (Sales & Corporate Broking)

 Tavira Financial Limited - Joint Broker

 Jonathan Evans / Oliver Stansfield                               +44 (0)20 7330 1833

 Celicourt Communications - Public Relations                      44 (0)20 7770 6424   harena (mailto:harena@celicourt.uk) @celicourt.uk

                                                                (mailto:harena@celicourt.uk)
 Mark Antelme / Charles Denley-Myerson

 

Notes to editors

 

Harena (www.harenaresources.com.au (http://www.harenaresources.com.au) ) is a
rare earths exploration and development company focused on the Ampasindava
Ionic Clay Rare Earth Project in Madagascar (Harena's interest is 100%). The
project hosts one of the largest ionic clay rare earth deposits outside of
China, with significant concentrations of high-value magnet metals. Harena is
committed to low-impact, high recovery mining, providing a sustainable supply
of critical minerals for the global energy transition and military defence
industries. Forward-Looking Statements This announcement contains
forward-looking statements that involve risks nd uncertainties. Actual results
may differ materially from those expressed or implied in such statements.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  STRFLFEIAVIRLIE