United Lithium Announces the Commencement of OTCQX Trading

VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United” or the “Company") (CSE: ULTH; OTCQX: ULTHF; FWB: 0UL) is proud to announce that its common shares are now trading on the OTCQX Best Market (“OTCQX”) under the symbol “ULTHF”. OTCQX is the highest and most regulated tier of the OTC Markets Group on which approximately 12,000 U.S. and global securities trade. Trading on the OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. The Company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol ULTH, and on the Frankfurt Stock Exchange under the symbol 0UL.

“United’s graduation to the OTCQX from the Pink Market marks a significant milestone for the Company, poised to amplify investor awareness and facilitate further growth. This transition enhances accessibility for current and potential shareholders in the world’s largest market, providing ease of access to updates on the Company’s developments at its projects in Sweden, Finland and the USA, as well as an efficient way to trade United shares,” commented Scott Eldridge, United’s President and CEO.

The OTCQX caters to established, investor-centric U.S. and international firms. To gain access, companies must satisfy designated financial benchmarks, adhere to top-tier corporate governance principles, and exhibit compliance with pertinent securities regulations. Being listed on the OTCQX signifies a significant achievement for companies, empowering them to showcase their credentials and enhance their visibility among U.S. investors.

United is in the process of securing Depository Trust Company ("DTC") eligibility for its common shares. DTC manages electronic clearing and settlement of publicly traded companies across the United States and in 131 other countries. Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com/stock/ULTHF/quote.

On Behalf of The Board of Directors

“Scott Eldridge”
President, Chief Executive Officer and Director 

About United Lithium Corp.

United Lithium Corp. (CSE: ULTH; OTCQX: ULTHF) is an exploration & development company energized by the global demand for lithium. The Company is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development, and production opportunities. For more information, visit https://unitedlithium.com/.