- FCL believes this upgrade an important step for the Company
as its main asset is in Georgia
and provides transparent trading for current and future U.S.
investors
- Provides improved accessibility and liquidity for a broad
range of private and institutional U.S. investors
TORONTO, Sept. 29,
2023 /CNW/ - Full Circle Lithium Corp. ("FCL" or the
"Company") (TSXV: FCLI) (OTCQB: FCLIF), a USA-based lithium products manufacturer and
recycler with a highly experienced technical team and a fully
permitted lithium processing plant in Georgia (the "Georgia Facility"), is pleased
to announce the Company's common shares have qualified to trade on
the OTCQB Venture Market in the United
States operated by the OTC Markets Group Inc. and have now
been uplisted from the Pink® market to the OTCQB.
"Due to the unique qualities of the Company's business model,
technology in our Georgia Facility, and lithium carbonate plant, we
have been fortunate to enjoy initial strong support from investors
in Canada," said Carlos Vicens, CEO of Full Circle Lithium Corp.
"This timely uplisting to the OTCQB is intended to provide
improved accessibility and liquidity for a broad range of private
and institutional investors in the United
States."
The Company's common shares began trading today on the OTCQB
under the symbol "FCLIF." U.S. investors can find current
financial disclosures and Real-Time Level 2 quotes for the Company
on www.otcmarkets.com. Katten Muchin Rosenman LLP acted as the
Company's OTCQB sponsor. The Company's common shares will continue
to trade on the TSX Venture Exchange under the symbol "FCLI."
"FCL is proud to be one of the very few companies in
the United States that is fully
operational in the lithium extraction, refining, and processing
business. Our comprehensive operations allow us to have complete
control over the entire lithium supply chain, from extraction,
refining, and processing the final product," said Tom Currin, COO of FCL. "As a vertically
integrated company, we oversee every step of the process, ensuring
the highest quality and efficiency in our operations. This level of
control sets us apart from many other players in the industry and
positions us as a leader in the lithium industry."
As we celebrate this significant accomplishment, we would like
to express our gratitude to every member of the FCL Team. Their
unwavering commitment, expertise, and hard work have made this
achievement possible. We also extend our appreciation to our
partners, suppliers, clients, and local communities for their
support. We believe that our comprehensive approach to lithium
extraction, refining, and processing sets the stage for our
continued success and growth in the industry. We are proud to be at
the forefront of the lithium market in the United States and are dedicated to
building and maintaining our position as a leading provider of
high-quality lithium products.
About Full Circle Lithium
Corp.
With a fully permitted lithium processing plant in Georgia, USA and a complement of seasoned
lithium experts, FCL is a lithium processor focused on lithium and
battery materials reintegration to meet the demand for crucial
battery-grade raw materials, utilizing proprietary technology and
know-how. FCL is focused on three complementary battery
material processing divisions: battery recycling from end-of-life
lithium-ion batteries, lithium mid-stream recycling from industrial
and chemical feedstock, and lithium refinery from upstream
feedstock. Additional information regarding FCL is available
on SEDAR at www.sedar.com under the Company's profile and its
website www.fullcirclelithium.com.
About OTC Markets Group
Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets
for trading approximately 12,000 U.S. and international
securities. OTCM's data-driven disclosure standards form the
foundation of the three public markets: OTCQX® Best
Market, OTCQB® Venture Market and Pink® Open
Market.
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. OTC Link ATS,
OTC Link ECN and OTC Link NQB are each an SEC regulated ATS,
operated by OTC Link LLC, a FINRA and SEC registered broker-dealer,
member SIPC. Additional information regarding OTCM is
available on its website www.otcmarkets.com.
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
This news release contains forward-looking statements within
the meaning of securities legislation in Canada and which are based on the
expectations, estimates and projections of the Company's management
as of the date of this news release unless otherwise stated.
Forward-looking statements are generally identifiable by use of the
words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "could", "believe",
"plans", "intends" or the negative of these words or other
variations on these words or comparable terminology. More
particularly, and without limitation, this news release contains
forward-looking statements and information concerning the Company's
expectations regarding the listing of its common shares on the
OTCQB and improved liquidity and accessibility for U.S. investors
in the Company's common shares. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Such factors include, among others, the risks described
in FCL's public filings. Actual results, developments and
timetables could vary significantly from the estimates presented.
Readers are cautioned not to put undue reliance on forward-looking
statements. FCL disclaims any intent or obligation to update
publicly such forward-looking statements, whether as a result of
new information, future events or otherwise, unless required by
law. Additionally, FCL undertakes no obligation to comment on
analyses, expectations or statements made by third parties in
respect of FCL, its financial or operating results or its
securities.
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SOURCE Full Circle Lithium Inc