Purecore Commences Trading on OTCQB to Expand US Investor Access

Rhea-AI Summary

Purecore Metals (OTCQB: PPURF) began trading on the OTCQB Venture Market in the United States under symbol PPURF, while retaining its primary listing on the CSE under PURE and FSE under J8Y. Shares trade in Canadian dollars on the CSE and U.S. dollars on OTCQB, during respective market hours.

The listing is explicitly non-dilutive, with no capital raised and no new shares issued, leaving the share count unchanged. According to Purecore, OTCQB quotation enables U.S. broker-dealer participation and Blue Sky recognition in several U.S. states. The company has applied for DTC eligibility, with a decision expected in coming weeks, though approval is not assured. Purecore highlights its option on the 35,029-hectare Yurchison Uranium Property in the Athabasca Basin and its 100% interest in the Bankier critical minerals project.

Positive

• OTCQB listing under PPURF expands U.S. trading access alongside CSE and FSE listings
• Non-dilutive listing with no new shares issued and no capital raised
• U.S. broker-dealer participation and Blue Sky recognition potentially broaden eligible U.S. investor base
• DTC eligibility application could enable electronic clearing and settlement in U.S. brokerage accounts if approved
• Option on 35,029-hectare Yurchison Uranium Property in Athabasca Basin plus 100% interest in Bankier project

Negative

• No capital raised from the OTCQB listing, providing no immediate funding benefit
• DTC eligibility not assured, introducing uncertainty around U.S. electronic clearing access

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

VANCOUVER, BC, Aug. 18, 2026 /PRNewswire/ -- Purecore Metals Inc. (CSE: PURE) (FSE: J8Y) (OTCQB: PPURF) ("Purecore" or the "Company") announces that its common shares have commenced trading on the OTCQB Venture Market in the United States under the symbol "PPURF".

Highlights

• Purecore common shares now trade on the OTCQB Venture Market in the United States under the symbol "PPURF". The Canadian Securities Exchange remains the primary listing, where shares continue to trade under "PURE".
• Shares trade in Canadian dollars on the CSE and in U.S. dollars on the OTCQB, during Canadian and U.S. market hours.
• No capital was raised and no new shares were issued in connection with the listing. The Company's issued and outstanding share count is unchanged.
• OTCQB quotation enables U.S. broker-dealer participation and Blue Sky recognition in a number of U.S. states, allowing the Company's shares to be offered to retail and institutional investors in those states.

Management Commentary

Peter Berdusco, President and Chief Executive Officer of Purecore Metals, commented:

"The United States imports the large majority of the uranium its reactors run on, and its utilities are sitting on 184 million pounds of unfilled requirements through 2034. Canada is already the largest supplier filling that gap. We hold an option on 35,029 hectares in the tier one Athabasca Basin. Our discovery and development success would directly impact U.S. supply markets and U.S. investors. Listing on the OTCQB puts our shares in front of these investors in their own currency, on their own market hours, without issuing an additional share to do it."

Details

Quotation on the OTCQB establishes a U.S. dollar market for Purecore shares alongside the Company's primary Canadian listing. The Company has applied for eligibility with the Depository Trust Company ("DTC") and expects a determination in the coming weeks. DTC eligibility supports electronic clearing and settlement of shares through U.S. brokerage accounts. There is no assurance that DTC eligibility will be granted.

The listing is non-dilutive. Purecore did not issue securities, raise capital, or alter its capital structure to qualify.

U.S. Market Context

The listing follows a period of increased U.S. policy attention on domestic nuclear capacity and on uranium supply from allied jurisdictions. U.S. federal executive targets call for quadrupling domestic nuclear capacity. At the same time, U.S. civilian utilities carry 184 million pounds U₃O₈e of unfilled requirements for the 2025 to 2034 period, against a maximum anticipated market need of 418 million pounds.

That demand is met largely from outside the United States. Domestic origin material accounted for 8% of uranium delivered to U.S. reactors in 2024. Canada was the largest single supplier at 18.6 million pounds, or 36% of deliveries. Russian sanctions and export restrictions have compressed the alternatives further, and the U.S. importer waiver expires at the end of 2027.

The result is sustained U.S. attention on Canadian uranium projects and on the companies advancing them. Purecore's OTCQB listing establishes a U.S. dollar market for its shares in the jurisdiction where that demand originates.

Source: U.S. Energy Information Administration, 2024 Uranium Marketing Annual Report (Form EIA-858). Figures compiled in the Purecore Uranium Industry Data Report, August 2026.

Asset Base

Purecore holds an option to earn up to a 100% interest in the Yurchison Uranium Property, a 35,029-hectare property located in the Wollaston Domain in the Athabasca Basin region of northern Saskatchewan, and owns a 100% interest in the Bankier Property, a critical minerals project in British Columbia.

Purecore's investor materials, including the current corporate presentation, are available at www.purecoremetals.com.

About Purecore Metals Inc.

Purecore Metals Inc. (CSE: PURE) (FSE: J8Y) (OTCQB: PPURF) is a Canadian critical minerals company building a uranium and copper portfolio focused on the long-term global expansion of electricity demand driven by AI data centres. Purecore is dedicated to solving the critical supply bottleneck limiting nuclear expansion by applying advanced technology from resource discovery through recovery. For more information, visit www.purecoremetals.com.

On behalf of the Board of Directors

Peter Berdusco
President and Chief Executive Officer

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the anticipated benefits of the OTCQB listing, the Company's ability to obtain DTC eligibility and the timing of any such determination, the Company's exploration plans, and expectations regarding U.S. nuclear policy, electricity demand and uranium markets. Forward-looking statements are based on assumptions management considers reasonable as at the date of this release and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. These include, among others, the Company's ability to satisfy the conditions of the Yurchison option agreement, exploration results, market conditions, changes in government policy, and continued eligibility for quotation on the OTCQB. Purecore holds an option to acquire an interest in the Yurchison Uranium Property and holds no ownership interest in the property as at the date of this release. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update them except as required by law. All currency amounts are in Canadian dollars unless otherwise stated.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/purecore-commences-trading-on-otcqb-to-expand-us-investor-access-302854279.html

SOURCE Purecore Metals Inc.

FAQ

What does the OTCQB listing mean for Purecore Metals (PPURF) shareholders?

The OTCQB listing gives Purecore Metals (PPURF) a U.S. dollar trading market, alongside its CSE and FSE listings. According to Purecore, it enables U.S. broker-dealer participation and Blue Sky recognition in several states, potentially broadening access to both retail and institutional U.S. investors.

When did Purecore Metals (PPURF) commence trading on the OTCQB Venture Market?

Purecore Metals commenced trading on the OTCQB Venture Market on August 18, 2026 under the symbol PPURF. According to Purecore, this U.S. quotation complements its primary Canadian Securities Exchange listing under PURE and its Frankfurt listing under J8Y, without changing its capital structure.

Did Purecore Metals (PPURF) issue new shares or raise capital for its OTCQB listing?

Purecore Metals did not issue new securities or raise capital for its OTCQB listing, making the move non-dilutive. According to Purecore, the company’s issued and outstanding share count remains unchanged, and no alterations were made to its capital structure to qualify for quotation.

How does the OTCQB listing affect U.S. investor access to Purecore Metals (PPURF) shares?

The OTCQB listing allows U.S. investors to trade Purecore Metals shares in U.S. dollars during U.S. market hours. According to Purecore, OTCQB quotation supports U.S. broker-dealer participation and Blue Sky recognition in multiple states, enabling broader offering to retail and institutional investors there.

What is Purecore Metals’ uranium asset base supporting the PPURF listing?

Purecore’s uranium asset base includes an option to earn up to 100% of the 35,029-hectare Yurchison Uranium Property in the Athabasca Basin. According to Purecore, it also owns a 100% interest in the Bankier critical minerals project in British Columbia, complementing its uranium portfolio.

Has Purecore Metals (PPURF) obtained DTC eligibility for its OTCQB shares?

Purecore Metals has applied for Depository Trust Company (DTC) eligibility but has not yet received a determination. According to Purecore, DTC eligibility would support electronic clearing and settlement of shares in U.S. brokerage accounts; however, there is no assurance that eligibility will be granted.

How does U.S. uranium demand context relate to Purecore Metals (PPURF) and its OTCQB listing?

Purecore links its OTCQB listing to rising U.S. attention on allied uranium supply and nuclear capacity. According to Purecore, U.S. utilities have 184 million pounds of unfilled uranium requirements through 2034, and Canada is already the largest supplier, aligning with Purecore’s Athabasca Basin uranium focus.