Falcon Energy Materials plc (TSX-V:FLCN) announced today that it has been approved to uplist from the OTC Pink market to the OTCQB Venture Market, effective immediately. The OTCQB, established in 2010, is a premier U.S. marketplace for early-stage and developing companies, providing improved visibility and greater access to U.S. investors. It is recognized by the U.S. Securities and Exchange Commission as an “established public market.” Falcon’s shares will trade on the OTCQB under the ticker symbol “FLCNF” while continuing to trade on the TSX Venture Exchange under “FLCN.”
The company believes this milestone will enhance liquidity, increase transparency, and broaden its exposure to both retail and institutional investors in the U.S. capital markets. Matthieu Bos, Chief Executive Officer of Falcon, commented: “This uplisting marks an important step in our growth strategy. Trading on the OTCQB Venture Market aligns with our commitment to increasing shareholder value, improving market visibility, and maintaining high standards of corporate governance.”
Falcon Energy Materials is aiming to be the premier provider of natural Coated Spheronized Purified Graphite (CSPG), a critical component for energy storage solutions. The company is working towards developing a state-of-the-art 25 ktpa CSPG production facility in Morocco. Once operational, this plant is projected to generate EBITDA of approximately $152 million annually, with an industry-leading EBITDA margin of around 62%.
Strategically partnered with leading Chinese technology firms and Tier One Moroccan partners, Falcon benefits from advanced technological expertise, access to high-quality raw materials and chemicals, and a prime geographical location. These factors will enable it to deliver consistent, high-quality supply to global markets. With a clear focus on sustainable growth and innovation, Falcon aims to become the go-to producer of natural CSPG, supporting widespread adoption in energy storage and other emerging industries.
For more information about the OTCQB and its requirements, visit www.otcmarkets.com. Additional details about Falcon can be found on its website at www.falconem.net.
