Eagle Plains Announces Uplisting to OTCQB Venture Market

Rhea-AI Summary

Eagle Plains Resources Ltd. has successfully uplisted from the OTC Pink market to the OTCQB Venture Market, effective June 5, 2025. The company will trade under the symbol EGLPF on the OTCQB while maintaining its primary listing on the TSX Venture Exchange as EPL. The OTCQB Venture Exchange, established in 2010, serves as a premier marketplace for early-stage U.S. and international companies committed to high-quality trading standards. CEO Chuck Downie highlighted that this uplisting will enhance the company's visibility, credibility, and access to U.S. capital markets while providing improved liquidity for U.S. investors. To maintain OTCQB listing, companies must meet requirements including current financial reporting, minimum bid price, and annual verification processes.

Positive

• Uplisting to OTCQB provides increased visibility and credibility in U.S. markets
• Enhanced access to U.S. capital markets
• Improved trading liquidity for U.S. investors
• Maintains dual listing on TSX Venture Exchange and OTCQB

Negative

• None.

CRANBROOK, BC / ACCESS Newswire / June 5, 2025 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGLPF) ("EPL" or "Eagle Plains") is pleased to announce that its common shares have been approved to uplist from the OTC Pink market to the OTCQB Venture Market (OTCQB), operated by OTC Markets Group Inc., effective as of market open June 05, 2025. Eagle Plains U.S. listing will trade under the symbol "EGLPF" while the Company's primary Canadian listing will continue to trade on the TSX Venture Exchange under the symbol "EPL".

Chuck Downie, President and CEO of Eagle Plains stated: "The additional visibility and credibility provided by the OTCQB listing will improve Eagle Plains' access to U.S. capital markets and provide greater liquidity to U.S. investors."

The OTCQB Venture Exchange, established in 2010, is the premier marketplace for entrepreneurial and development stage U.S. and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB Venture quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

About Eagle Plains Resources

Based in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project generator that continues to conduct research, acquire and explore mineral projects throughout western Canada, with a focus on critical metals integral to an increasingly electrified, decarbonized economy.

The Company was formed in 1992 and is the ninth-oldest listed issuer on the TSX-V (and one of only three that has not seen a roll-back or restructuring of its shares). Eagle Plains has continued to deliver shareholder value over the years and through numerous spin outs has transferred over $100,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle Plains latest spinout, Eagle Royalties Ltd. (CSE:"ER") was listed on May 24, 2023, and holds a diverse portfolio of royalty assets throughout western Canada.

On October 2, 2024, Eagle Plains announced announce the formation of a separate division within the Company that will give Eagle Plains' shareholders direct exposure to strategic opportunities in Canadian green energy transition. As a wholly owned subsidiary of Eagle Plains, Osprey Power Inc. ("OP") will focus on identifying and advancing innovative and diverse clean energy project portfolios in target markets throughout Canada, with an initial focus on Western Canada.

Eagle Plains' core business is acquiring grassroots critical- and precious-metal exploration properties. The Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of projects toward discovery through collaborative partnerships and development of a highly experienced technical team.

Expenditures from 2010-2023 on Eagle Plains-related projects exceed $39M, the majority of which was funded by third-party partners. This exploration work resulted in approximately 50,000m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.

Throughout the exploration process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships through honest and respectful business practices.

On behalf of the Board of Directors

"C.C. (Chuck) Downie" P.Geo
President and CEO

For further information on EPL, please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: mgl@eagleplains.com or visit our website at https://www.eagleplains.com

Cautionary Note Regarding Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

SOURCE: Eagle Plains Resources Ltd.

View the original press release on ACCESS Newswire

FAQ

What does Eagle Plains Resources' uplisting to OTCQB mean for investors?

The uplisting provides U.S. investors with improved liquidity, better trading experience, and access to a more transparent marketplace while giving the company enhanced visibility and access to U.S. capital markets.

What are the requirements for Eagle Plains (EGLPF) to maintain its OTCQB listing?

Companies must maintain current financial reporting, pass minimum bid price requirements, and undergo annual company verification and management certification processes.

What is Eagle Plains Resources' stock symbol on OTCQB and TSX Venture?

Eagle Plains trades as EGLPF on the OTCQB and as EPL on the TSX Venture Exchange.

When did Eagle Plains Resources (EGLPF) begin trading on the OTCQB?

Eagle Plains Resources began trading on the OTCQB Venture Market on June 5, 2025.

What is the OTCQB Venture Market?

The OTCQB Venture Market is a premier marketplace established in 2010 for entrepreneurial and development stage U.S. and international companies that commit to providing high-quality trading and information experience.