Okapi

2022 - 4 - 13

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Image courtesy of "Stockhead"

Uranium player Okapi opens doors to US investment with real-time ... (Stockhead)

Okapi Resources is emerging as a major uranium player in the United States, and it's taking moves to bring greater access to the yellowcake upside for ...

In effect US investors will be able to trade in ordinary Okapi shares in real time and in US dollars, as if they were units of ASX traded stock. That will simplify trading and improve liquidity for investors in North America and globally, giving US investors more convenient access to Okapi shares as uranium prices rise in response to rapidly improving market conditions for the commodity. Okapi (ASX:OKR) has now secured DTC (Depository Trust and Clearing Corporation) approval to allow real-time electronic clearing and settlement of its over the counter shares in the States.

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Image courtesy of "Proactive Investors Australia"

Okapi Resources approved for real-time electronic clearing and ... (Proactive Investors Australia)

Today's announcement means North American investors will benefit from the simplification of trading and enhanced liquidity in OKR's US-listed...

This will simplify trading and enhance liquidity with a wider pool of investors. - Trades in the North American time zone and settlements in US dollars; and Okapi managing director Andrew Ferrier said of the new development: “We are excited that we have secured DTC electronic trading, allowing Okapi shares to be traded in USD for the convenience of our existing and new North American shareholders.

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Image courtesy of "ABN Newswire"

Okapi Resources Limited's (ASX:OKR) OTC Shares Approved for Real-Time Trading in USA (ABN Newswire)

Okapi gained a secondary compliance listing on the OTCQB market with the ticker code OKPRF in November 2021, with B. Riley FBR acting as OTCQB Sponsor. The compliance requirements are essentially the same as the Australian securities exchange with ...

The portfolio of assets also includes an option to acquire 100% of the high-grade Rattler Uranium Project in Utah, which includes the historical Rattlesnake open pit mine. The greater Tallahassee Creek Uranium District hosts more than 100 million pounds of U3O8 with considerable opportunity to expand the existing resource base by acquiring additional complementary assets in the district. Okapi's Managing Director Andrew Ferrier said: "We are excited that we have secured DTC electronic trading, allowing Okapi shares to be traded in USD for the convenience of our existing and new North American shareholders. DTCC is a subsidiary of the Depository Trust Company, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. The move will simplify trading and enhance liquidity for investors in North America and globally. The Company completed full service eligibility from the DTCC and is now able to complete real time electronic clearing and settlement.

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