Trading under the ticker symbol ‘FHELF’, the company’s listing will allow it to demonstrate its qualifications and build a greater visibility among US investors.
Ed Bereznicki, President and CEO of First Helium, said, “We are extremely pleased to graduate to trading on the OTCQX Market.”
“This achievement will help provide our current and future investors with greater liquidity and broader access to the growing helium exploration and development sector.”
Just earlier this year (May 2022), gasworld reported that First Helium was set to drill to prospective helium targets in Worsley Property, located in Alberta, Canada.
It was hoped helium content ranges from 0.5% to 1.9% will be discovered by First Helium.
Read more: First Helium to drill two helium targets this quarter
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.