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First Andes Silver Aligns U.S. Ticker and Gains DTC Eligibility to Boost Liquidity

Story Highlights
  • First Andes Silver is advancing its high-grade Santas Gloria silver project in Peru, where drilling has confirmed near-surface mineralization across multiple vein systems.
  • The company has adopted the FASLF ticker on U.S. OTC Markets and obtained DTC eligibility to streamline trading and improve liquidity for its shares among American investors.
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First Andes Silver Aligns U.S. Ticker and Gains DTC Eligibility to Boost Liquidity

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Mantaro Precious Metals ( (TSE:FAS) ) just unveiled an update.

First Andes Silver Ltd., a Canadian silver exploration company, controls the high-grade Santas Gloria project in Peru’s established mining corridor, where modern drilling since 2024 has confirmed near-surface epithermal silver mineralization across several mapped vein systems. The company is advancing systematic, project-wide exploration and follow-up drilling to further delineate the resource potential at Santas Gloria.

The company’s common shares will now trade in the U.S. over-the-counter market under the symbol FASLF, bringing its U.S. ticker in line with its TSX Venture Exchange symbol. First Andes also secured eligibility for electronic clearing and settlement through the Depository Trust Company, a move expected to streamline U.S. trading, reduce transaction costs and enhance share liquidity for investors.

More about Mantaro Precious Metals

First Andes Silver Ltd. is a Canadian mineral exploration company focused on high-grade silver, holding a 100% interest in the Santas Gloria silver property in a major mining district east of Lima, Peru. The project sits within an intermediate-sulphidation epithermal belt and has shown encouraging near-surface silver mineralization across multiple vein systems through recent drilling programs.

Average Trading Volume: 371,662

Technical Sentiment Signal: Hold

Current Market Cap: C$12.54M

For an in-depth examination of FAS stock, go to TipRanks’ Overview page.

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