Applied Graphite Commences Trading ON the OTCQB
APPLIED GRAPHITE COMMENCES TRADING
ON THE OTCQB
VANCOUVER, BC
,
April 29, 2024
/CNW/ - Applied Graphite Technologies Corporation (TSXV: AGT)
(OTCQB: AGRTF) is pleased to announce that it has successfully completed the cross-listing of its
common shares to the OTCQB Venture Market ("
OTCQB
"). AGT's common shares are now trading
on the OTCQB under the ticker symbol "AGRTF". Investors can find real-time quotes and market
information for AGRTF on
www.otcmarkets.com
. Applied Graphite Technologies continues to trade
on the TSX Venture Exchange under the ticker symbol "AGT".
Don Baxter
, CEO and Director of Applied Graphite commented: "This listing on the OTCQB Venture
Market, within two months of listing on the TSX Venture Exchange, is a significant milestone for the
Company. Most importantly, this will provide a large
United States
investor base with the opportunity
to participate directly in Applied Graphite Technologies growth as well as enhance trading liquidity
and increase outreach with the global investment community."
About OTC Market Group Inc.
The OTCQB is operated by the OTC Markets Group Inc. ("OTC") out of
New York City
,
New York
,
and is recognized by the United States Securities and Exchange Commission ("SEC") as an
established public market providing the public with price and financial information. The OTCQB
trades over 10,000
United States
and global securities and is recognized as the mid-tier of the OTC
for early stage and developing companies. To be eligible to trade on the OTCQB, companies must
meet high financial standards, follow best practice corporate governance, demonstrate compliance
with
United States
securities laws, be current in their disclosure, and have a professional third-party
sponsor introduction.
The OTCQB provides convenience to
United States
investors, brokers, and institutions seeking to
trade in common shares of AGT. Inclusion on the OTCQB enables
United States
investors to easily
trade through the broker of their choice and allows companies to improve the quality of information
available for investors.
About Applied Graphite Technologies
Applied Graphite Technologies is developing the Queens
Mine Complex
in
Sri Lanka
. The QMC is on
private land in the heart of the vein graphite district, with historical workings and vein graphite
outcrops. Vein graphite is naturally high grade (+95% carbon content in the ground) and does not
require primary processing. Testing of vein graphite in lithium-ion battery anodes has shown very
high capacities, performing better than synthetic graphite. Natural vein graphite has a far superior
ESG footprint than synthetic and is cheaper without compromising performance.
www.appliedgraphite.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release contains forward-looking information as such term is defined in applicable
securities laws, which relate to future events or future performance and reflect management's
current expectations and assumptions. The forward-looking information includes statements about
Applied Graphite Technologies (AGT)'s grids, plans to undertake additional drilling and to develop a
mine plan, and to commence establishing mining operations. Such forward-looking statements reflect
management's current beliefs and are based on assumptions made by and information currently
available to AGT, including the assumption that, there will be no material adverse change in metal
prices, all necessary consents, licenses, permits and approvals will be obtained, including various
Local Government Licenses and the market. Investors are cautioned that these forward looking
statements are neither promises nor guarantees and are subject to risks and uncertainties that may
cause future results to differ materially from those expected. Risk factors that could cause actual
results to differ materially from the results expressed or implied by the forward-looking information
include, among other things, an inability to reach a final acquisition agreement, inaccurate results
from the drilling exercises, a failure to obtain or delays in obtaining the required regulatory licenses,
permits, approvals and consents, an inability to access financing as needed, a general economic
downturn, a volatile stock price, labour strikes, political unrest, changes in the mining regulatory
regime, a failure to comply with environmental regulations and a weakening of market and industry
reliance on high quality graphite. AGT cautions the reader that the above list of risk factors is not
exhaustive.
SOURCE
Applied Graphite Technologies Corporation
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For further information:
Don Baxter, Chief Executive Officer, +1 (705) 787-5942,
CO: Applied Graphite Technologies Corporation
CNW 07:00e 29-APR-24