Metallium (MTM Critical Metals) Upgraded to OTCQX Market

Rhea-AI Summary

MTM Critical Metals (OTCQX: MTMCF), soon to be renamed Metallium, has upgraded from OTCQB to the OTCQX Best Market, enhancing its visibility to North American investors. The company's U.S. subsidiary, Flash Metals USA, has secured its first commercial site in Texas for recovering valuable materials including gallium, germanium, rare earth elements, gold, and silver from mineral concentrates and e-waste.

The upgrade follows a recent $50 million institutional capital raise and enables easier U.S. dollar trading during local market hours. The company is also considering implementing a Level 1 ADR program to further improve U.S. investor accessibility.

Positive

• Successful upgrade to OTCQX Best Market, enhancing U.S. investor accessibility
• Secured first commercial site in Texas for Flash Joule Heating facility
• Recently completed $50 million institutional capital raise
• Expanded Blue Sky compliance across multiple U.S. states

Negative

• No immediate revenue generation from operations yet
• ADR program not yet implemented, limiting some institutional investor access

News Market Reaction

+7.50%

1 alert

+7.50% News Effect

On the day this news was published, MTMCF gained 7.50%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, July 10, 2025 /PRNewswire/ -- MTM Critical Metals Ltd (ASX: MTM; OTCQX: MTMCF), soon to be renamed Metallium Ltd, begins trading today on the OTCQX® Best Market, an upgrade from the OTCQB® Venture Market.

Qualifying for the upgrade to the OTCQX marks a key milestone in the company's U.S. capital markets strategy and enhances visibility and access for North American investors.

"Graduating to OTCQX is a significant step forward in our U.S.-focused strategy," said Michael Walshe, Managing Director & CEO. "This upgrade allows easier trading for our expanding U.S. shareholder base, particularly enabling our shares to be purchased in U.S. dollars during local market hours. As we develop our first commercial Flash Joule Heating facility in Texas and grow our strategic partnerships, we believe this enhanced market presence is perfectly timed."

He added that this upgrade to the highest level of the OTC Markets will help enhance availability of the company's shares with a significant expansion of Blue Sky compliance across multiple U.S. states. "We are evaluating instituting a Level 1 ADR program to further improve U.S. investor accessibility to investment in the company."

MTM's U.S. subsidiary, Flash Metals USA Inc, has secured its first commercial site in Texas, targeting near-term revenue from the recovery of high-value materials including gallium, germanium, rare earth elements, gold and silver from mineral concentrates and e-waste.

"With this upgrade and our recent $50 million institutional capital raise, we continue to implement our plan as we accelerate toward commercialization in the U.S. to establish Metallium as a leader in strategic materials recovery and supply chain resilience," added Walshe.

About MTM Critical Metals Ltd

MTM Critical Metals Ltd (soon to be renamed Metallium Ltd) (https://www.metalliuminc.com), is pioneering a low-carbon, high-efficiency approach to recovering critical and precious metals from mineral concentrations and high-grade waste streams through its 100% U.S. subsidiary, Flash Metals USA, Inc.

Flash Metals USA is commercializing the Flash Joule Heating (FJH) process, a patented ultra-fast, selective thermal method to recover critical and strategic metals from waste and ore without acids or smelting. The company's first commercial plant is under development in Texas targeting the recovery of gallium, germanium, indium, gold, silver, copper, antimony, chloride intermediates for rare earth elements magnet and semiconductor markets. The platform is modular, low-emission and aligned with U.S. industrial modernization efforts currently underway.

Website: www.metalliuminc.com
Investor Hub: investorhub.metalliuminc.com
OTC Market Profile: www.otcmarkets.com/stock/MTMCF

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market for over 12,000 U.S. and global securities. The OTCQX Market is reserved for established companies meeting high financial and corporate governance standar

View original content:https://www.prnewswire.com/news-releases/metallium-mtm-critical-metals-upgraded-to-otcqx-market-302502462.html

SOURCE MTM Critical Metals Ltd.

FAQ

What does MTM Critical Metals' upgrade to OTCQX mean for investors?

The upgrade to OTCQX enables easier trading for U.S. investors, allowing share purchases in U.S. dollars during local market hours and providing enhanced visibility through expanded Blue Sky compliance across multiple U.S. states.

Where is MTMCF's first commercial Flash Joule Heating facility located?

MTM Critical Metals' U.S. subsidiary, Flash Metals USA, has secured its first commercial site in Texas for recovering high-value materials from mineral concentrates and e-waste.

How much capital did MTMCF recently raise from institutional investors?

MTM Critical Metals recently completed a $50 million institutional capital raise to support its commercialization efforts in the United States.

What materials will MTMCF recover at its Texas facility?

The facility will recover high-value materials including gallium, germanium, rare earth elements, gold and silver from mineral concentrates and e-waste.

Is MTM Critical Metals planning to implement an ADR program?

Yes, the company is evaluating the implementation of a Level 1 ADR program to further improve U.S. investor accessibility.