G50 Corp Commences Trading on OTCQB

Rhea-AI Summary

G50 Corp (OTCQB: GFTYF) has commenced trading on the OTCQB platform, marking a significant milestone in expanding its US investor presence. The company, which currently has 9% US ownership, operates the Golconda Project in Arizona, reportedly the only publicly-traded gallium project in the United States.

The cross-listing aligns with increasing US government focus on securing domestic critical mineral supplies, particularly gallium, amid concerns over Chinese supply dependencies. The company's strategic position in the southwestern United States, near existing mining infrastructure, positions it to capitalize on growing demand from AI data centers, electric vehicles, and defense applications.

Positive

• Only publicly-traded gallium project in the US, positioning the company uniquely in the domestic market
• Strategic alignment with US government initiatives for critical mineral independence
• Location near existing mining infrastructure and logistics hubs in Arizona
• Growing US investor base with 9% current US ownership

Negative

• Early-stage exploration company without established production
• Dependent on successful development of Golconda Project

Company's Flagship US gallium project in Arizona Aligns with US Push for Critical Mineral Independence

G50 Believed to be Only Publicly Traded Gallium Project in US

TUCSON, Ariz., July 9, 2025 /PRNewswire/ -- G50 Corp Limited (ASX: G50; OTCQB: GFTYF) commenced trading today on the OTCQB platform in response to growing North American investor interest: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02965890-2A1607765&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6.

The decision to cross list G50 shares on the OTCQB platform reflects the Company's commitment to continue to grow its US investor base. Currently approximately nine percent of the company is owned by US investors. "Being on the OTCQB provides US investors a direct means to invest in our Golconda Project – believed to be the only publicly-traded gallium project in the U.S.," said Mark Wallace, Managing Director/CEO of G50.

He added that this decision to cross list comes at a pivotal time. "With growing energy demands from AI data centers, electric vehicles and defense applications, the US government has intensified its focus on securing reliable domestic sources of raw materials. "Gallium, in particular, has been of great concern among US manufacturers in light of recent supply issues of the mineral from China. Recent presidential executive orders have further aligned private and public interests toward strengthening America's critical minerals supply chain domestically. We are well positioned to take advantage of this opportunity."

Wallace explained that interest in upstream mineral projects is surging in the southwestern United States. "This interest is confirmed by the renewed activity of larger mining entities such as BHP and Rio Tinto in the area as well as significant new investment in the area both from private capital and federal funding."

G50 Corp (https://www.g50corp.com) is an exploration company focused on the southwestern United States. The Company's flagship Golconda Project comprises both patented and unpatented claims and is ideally positioned near existing mining infrastructure and logistics hubs to meet the country's growing demand for domestic mineral resources.

View original content:https://www.prnewswire.com/news-releases/g50-corp-commences-trading-on-otcqb-302500783.html

SOURCE G50 Corp Limited

FAQ

What is the significance of G50 Corp (GFTYF) trading on OTCQB?

G50 Corp's OTCQB listing provides US investors direct access to invest in what is believed to be the only publicly-traded gallium project in the United States, enhancing the company's visibility and accessibility to North American investors.

How much of G50 Corp is owned by US investors?

Currently, approximately 9% of G50 Corp is owned by US investors.

Where is G50 Corp's Golconda Project located?

G50 Corp's Golconda Project is located in Arizona, southwestern United States, near existing mining infrastructure and logistics hubs.

Why is G50 Corp's gallium project important for the US market?

The project is strategically important as it aligns with US government initiatives to secure domestic critical mineral supplies, particularly gallium, which is crucial for AI data centers, electric vehicles, and defense applications.

What markets does G50 Corp (GFTYF) trade on?

G50 Corp trades on both the ASX (Australian Securities Exchange) under G50 and the OTCQB under GFTYF.