Mr. Richard Revelins reports
MERYLLION RESOURCES COMMENCES TRADING ON THE OVER THE COUNTER ("OTC") MARKET IN THE U.S.
Meryllion Resources Corp.'s common shares can now be traded in the United States via the OTCID market.
Highlights:
- Meryllion has commenced trading on the OTCID market in the U.S.
- Meryllion's shares are now trading on the Canadian Securities Exchange (symbol MYR) and OTC (over the counter) in the U.S. (symbol MYRLF).
OTCID
Meryllion has established secondary trading on the OTCID market in the U.S. with the ticker code MYRLF. The compliance requirements for an OTCID listing are similar to the requirements for the CSE, with company disclosures uploaded onto the OTC Markets platform.
Several on-line brokers such as Interactive Brokers, Ameritrade, Fidelity, Charles Schwab and E-Trade offer OTCID trades. Interested investors should inquire of their brokers whether OTCID shares are available.
The OTCID market tier launched in July, 2025, and requires engaged companies to provide continuing financial disclosures, management certifications and verified company profiles. It was designed to improve market transparency and separate active issuers from unverified companies.
Key requirements:
- Financial disclosures: publish current reports via the Disclosure & News Service (DNS), EDGAR or SEDAR+.
- Management certification: file annual compliance and certification documents.
- Verified profile: maintain an active, updated company profile on the OTC Markets platform.
- Share data: participate in the transfer agent verified shares program.
Market impact:
- Distinction: clearly identifies issuers that take active responsibility for their U.S.-traded securities;
- Transparency: helps investors and brokers differentiate engaged smaller companies from unengaged or riskier Pink Ltd. and Expert Market securities.
Cross-listing benefits
Cross-listing to the OTCID exchange offers several advantages for U.S.-based investors, including:
- Quotes, trades and settlements in U.S. dollars (USD);
- Trading during normal market hours in North America;
- MYRLF is the same class of the company's shares traded on the CSE (MYR).
Commenting on the expansion of trading platforms for Meryllion shares, chief executive officer Richard Revelins said:
"During the past year, we have received interest to purchase Meryllion shares from U.S. investors. We are, therefore, pleased to open convenient trading in the company's common shares to a wider international audience via the OTC market."
Upgrade to OTCQB
It is the company's intention to apply for an upgrade to the OTCQB once the company can satisfy the trading requirements of this market, which include, inter alia, a continuous bid price of a minimum of five U.S. cents for a period of 30 successive days.
About Meryllion Resources Corp.
Meryllion is an exploration-stage company listed on the Canadian Securities Exchange. The company recently entered into a lease and option agreement in respect of the Makenzie antimony/gold/silver project, located 44 kilometres south southwest of Austin, Nev., in the Toiyabe Range of central Nevada. Makenzie is one of the largest known untested gold, silver and antimony anomalies in the state of Nevada.
Meryllion also has the rights to acquire up to a 100-per-cent interest in the Westbury and Tasmanian Strategic Green Metals IAC-hosted (ionic adsorption clay) REE (rare earth element) projects located in northeast Tasmania, Australia, with a total tenement area of approximately 800 square kilometres. Meryllion's IAC REE projects are situated along strike, and/or adjacent to, discoveries by ABx Group Ltd. ABx has reported that Tb (terbium) and Dy (dysprosium) concentrations in all of ABx's rare earths resources are the highest of any ionic adsorption clay deposit in Australia and are among the highest globally (refer to ABx's Australian Securities Exchange news release dated May 5, 2025).
We seek Safe Harbor.
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