• Blackstone is pleased to announce that it’s application to join the US-based OTCQB Market in the United States of America has been accepted and the company’s shares are now traded under the code of OTCQB: BLSTF;
  • Trading on OTCQB will enhance the visibility and accessibility of the Company to North American individual and institutional investors;
  • This important step for the Company follows on from the significant interest shown by North American Investors after Blackstone’s recent Scoping Study, announcing annual production of ~12.7ktpa Ni over 8.5 years project life generating a pre‐ tax NPV8% of ~US$665m and 45% IRR with a capital payback period of 2.5 years at US$8/lb Ni (Refer to ASX announcement from 14 October 2020);
  • Three key advantages for North American investors are:
    1) Trades and settlements are in US Dollars (USD);
    2) Trading in the North American time zone; and
    3) The OTCQB share is the same class of Ordinary Share to ASX traded stock (ASX: BSX), not a synthetic. The share registry is still maintained by Automic Group in conjunction with a US Transfer Agent.

Blackstone’s primary listing will continue to be the Australian Securities Exchange (“ASX”) with shares now tradeable on the OTCQB market (www.otcmarkets.com).



Click here for the full announcement

australia resource outlook free report

What do experts have to say about investing in Australia’s booming resource market? Find out in our FREE outlook report!


Get an in depth market report for free!