Natural Coated Spheronized Purified Graphite (CSPG)
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Falcon Energy Materials Uplists to OTCQB Venture Market
Thenewswire· 2025-10-14 11:00
Core Viewpoint - Falcon Energy Materials plc has successfully uplisted from the OTC Pink market to the OTCQB Venture Market, enhancing its visibility and access to U.S. investors [1][2][3] Group 1: Uplisting Details - The uplisting to the OTCQB is effective immediately and allows Falcon to trade under the ticker symbol "FLCNF" while also continuing to trade on the Toronto TSX Venture Exchange under "FLCN" [1][2] - The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market, which is expected to improve liquidity and transparency for Falcon [2] Group 2: Company Strategy and Growth - The uplisting is viewed as a significant milestone in Falcon's growth strategy, aimed at increasing shareholder value and improving market visibility [3] - Falcon is focused on becoming a leading provider of natural Coated Spheronized Purified Graphite (CSPG), which is essential for energy storage solutions [4][6] Group 3: Financial Projections - Falcon is developing a state-of-the-art CSPG production facility in Morocco, projected to generate an annual EBITDA of approximately $152 million with an EBITDA margin of around 62% [4] Group 4: Strategic Partnerships - The company has formed strategic partnerships with leading Chinese technology firms and Tier One Moroccan partners, enhancing its technological expertise and access to high-quality raw materials [5]