InvestSMART

Meteoric Resources Limited (ASX:MEI)

ALERT: Price-sensitive ASX Announcement for MEI
Current share price for MEI : $0.223 0.023 (11.25%)+
Release
10 Aug 2026 8:25AM
Price at Release
$0.200
Full Release
download
Summary
Meteoric Resources Limited announced the approval of its ordinary shares for trading on the OTCQB Venture Market in the United States under the ticker METOF, with trading commencing on 10 August 2026. This strategic move aims to enhance the company's accessibility and liquidity among U.S. and Brazil-based investors, allowing trading in U.S. dollars. The OTCQB is regarded as an Established Public Market by the SEC, offering advantages such as increased investor engagement and liquidity. This listing does not affect the trading of existing shares on the ASX as no new shares are being issued. Meteoric Resources continues to focus on its Caldeira Rare Earth Project in Brazil, recognized for its significant potential in the rare earths industry.
Key Points
  • Meteoric Resources Limited's shares approved for trading on the OTCQB Venture Market in the U.S.
  • Trading commences under ticker code METOF on 10 August 2026.
  • OTCQB listing allows U.S. and Brazilian investors to trade in U.S. dollars.
  • Listing supports enhanced accessibility and liquidity for investors in the U.S. and Brazil.
  • The OTCQB is recognized by the SEC as an Established Public Market.
  • No new ordinary shares issued; existing shares remain tradable on the ASX.
  • Meteoric Resources focuses on advancing the Caldeira Rare Earth Project in Brazil.
  • Caldeira is a world-class ionic absorption clay rare earth deposit.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.