European Metals Holdings says it will pursue a US-based OTCQX listing and has commenced trading on the OTC Pink Market 

European Metals Holdings Limited (LON:EMH) (ASX:EMH) (FRA:E861.F) (OTCPINK:EMHLF) has announced that due to increasing interest in its Cinovec project, the largest hard rock lithium deposit in Europe, the company will pursue a US-based OTCQX listing and has commenced trading on the OTC Pink Market  The group said its entry to the US-based OTC markets - and in particular the actively-traded OTCQX market - increases the ease with which North American investors can purchase European Metals securities. The ASX will continue to be the company's primary listing, it added, with investors able to purchase shares through the OTCQX, OTC Pink, UK-based AIM market and Germany's Frankfurt Börse. READ: European Metals Holdings updates on cash position As announced in July, the company is in discussions with the Czech Republic's primary market, the Prague Stock Exchange (PSE), with regards to a listing of the company's securities. These discussions continue and the company said it hopes to be able to update shareholders in the very near future. Commenting on the Pink Market listing and upcoming OTCQX application in a statement, European Metals Executive Chairman Keith Coughlan said: "The expansion into additional marketplaces is due to long-standing and growing support for the Company in various international locations. "The US market, in particular, has demonstrated a keen awareness of the Cinovec project, which is a near-term development asset with the largest hard rock lithium deposit in Europe that is also proximate to a number of battery manufacturers and end-users such as automobile companies. "As the home of major battery-focused companies such as Tesla, North American investors are uniquely placed to understand the importance of lithium for future technologies." OTC markets offer a cost-effective method to access US investment, providing a nexus to the largest capital markets globally. OTCQX companies are not required to report to the Securities and Exchange Commission and can avoid costly compliance processes by submitting their home country disclosure in English. European Metals confirms the listing is non-dilutive, as no additional capital is required to be raised and no new shares will be issued on the OTC markets.