Dateline Resources Limited (ASX:DTR) Pursues US OTCQB Listing Amid Project Developments
OTCQB Listing Pursued to Engage US Investors
Dateline Resources Limited is pursuing a dual listing on the US OTCQB market to enhance market access and engage US investors. The company’s shares currently trade under the code DTREF. The OTCQB listing aims to improve trading liquidity and accessibility, enabling US investors to buy and sell shares in US dollars during market hours.
Government Endorsements and Presidential Recognition
The Colosseum Project has received significant support from US authorities. President Donald J. Trump highlighted the project in his Truth Social update, while the Bureau of Land Management endorsed the resumption of mining operations. This governmental backing underscores the project’s strategic importance in bolstering America’s critical minerals capacity.
Colosseum Gold-REE Project Milestones
The Colosseum Project hosts a JORC-compliant Mineral Resource of 27.1 Mt at 1.26 g/t Au for 1.1 Moz gold, with over 67% in Measured and Indicated categories. A 2024 Scoping Study reported an 8+ year mine life with a pre-tax NPV of approximately US$235 million and an IRR of 31%. A Bankable Feasibility Study is underway, integrating rare earth exploration similar to the nearby Mountain Pass mine.
Executive Comments
Managing Director Stephen Baghdadi stated, “We have seen growing interest out of the U.S., particularly after recent milestones at our Colosseum Project. An OTCQB listing is a logical step to better engage with our U.S. audience, allowing American investors to trade our stock more conveniently and be part of Dateline’s journey.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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