Alex Metals (ALXMF) commenced trading on the OTCQB Venture Market in the United States, effective October 19, 2026. The company expects the listing to broaden its shareholder base and improve liquidity. Results from 6,200 metres of summer drilling testing four targets across two projects are expected soon.
Alex Metals signed a market-making agreement with Ventum Financial for an initial three months, with an option to renew. Fees are $4,000 plus applicable taxes per month, funded from working capital; Ventum receives no securities as compensation. The engagement requires TSX Venture Exchange approval.
The company also signed an employment agreement dated September 28, 2026, appointing Taylor Ross as Investor Relations Manager. Ross received 75,000 incentive stock options exercisable at C$0.70 per share for five years, vesting under TSX Venture Exchange policies.