Earlier today, Peak Resources announced that its common shares have begun trading on the highest tier of the OTC market, OTCQX. Providing easy access to U.S. investors, this tier is reserved for companies with the highest financial standards. Companies that join OTCQX demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards.
"We are extremely pleased to join the prestigious tier OTCQX," stated Richard Beazley, Managing Director of Peak Resources. "The superior information and visibility of the OTCQX marketplace will help Peak Resources build investor confidence and expand our shareholder base. As we continue to develop our highly prospective exploration portfolio, trading on the OTCQX will help to broaden Peak Resources investor reach by allowing a large number of U.S. investors to market our shares and by making it easier for U.S. investors to trade our stock."
Based in Perth, Australia, Peak Resources is focused on the exploration and development of its highly prospective exploration portfolio. The company's Ngualla Rare Earth Project in southern Tanzania contains a large new high-grade rare earth discovery that ranks as the fifth largest deposit outside of China. Additionally, Peak holds a number of gold exploration projects in the prolific Lake Victoria Gold Fields region of northern Tanzania.
To learn more about Peak Resources and its exploration portfolio, visit www.peakresources.com.au
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