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Elevra Lithium ( (AU:ELV) ) has issued an announcement.
Elevra Lithium will discontinue its sponsored OTCQB Venture Market listing at the close of business on 30 January 2026, with its shares expected to move to an unsponsored Pink Limited Market quotation on the OTC Markets Group from 2 February 2026 under the existing SYAXF ticker. The company, which will maintain its primary listings on the ASX and Nasdaq, said the move is driven by the cost of maintaining the OTCQB listing and low trading volumes, and emphasised that the change will not affect its underlying operations or strategic plans. Elevra noted that OTC investors can convert their holdings into Nasdaq-listed American depositary shares or ASX-listed ordinary shares, with ADR issuance fees waived for conversions completed before 27 February 2026, while warning that unsponsored OTC trading may entail reduced liquidity and visibility and advising affected shareholders to consult their brokers.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
More about Elevra Lithium
Elevra Lithium Limited is a North American lithium producer listed on the ASX and Nasdaq, with a portfolio of lithium projects in Québec and the United States, as well as interests in the Ewoyaa Lithium project in Ghana and a large tenement position in Western Australia’s Pilbara region prospective for gold and lithium.
YTD Price Performance: 7.84%
Average Trading Volume: 1,137,476
Technical Sentiment Signal: Hold
Current Market Cap: A$1.45B
See more insights into ELV stock on TipRanks’ Stock Analysis page.