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Local graphite company changes stock symbols, opens public trading

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SYLACAUGA, Ala. – SylacaugaNews.com recently reported Alabama Graphite Corp. will soon tap into America’s largest graphite deposit which lies in Coosa County. According to Alabama Graphite, battery ready graphite will be mined and processed on site, making it the only fully-functioning graphite mine in the United States.

On Tuesday, the Canadian based company announced important information for people currently investing in the battery-ready graphite it will produce. In a press release, Alabama Graphite Corp. said it will begin trading under new stock symbols in both the United States and Canada.

Starting today, Jan. 3., common shares for Alabama Graphite commenced trading on the OTCQB, a market for early-stage and developing companies, under the new U.S. symbol “CSPGF.”

“We are pleased to be quoted on the OTCQB Venture Market under our new stock symbol as it provides our numerous U.S.-based investors with a readily accessible platform for trading AGC shares,” said Executive Vice President Tyler Dinwoodie.

On the Canadian Market, common shares will commence trading on the TSX Venture Exchange under the new symbol “CSPG,” which stands for “Coated Spherical Purified Graphite.” This change will take effect when the market opens on Wednesday, Jan. 4.

Alabama Graphite representatives said the change in stock symbols are intended to represent the company’s business model and “primary point of market differentiation in the graphite development space” which is the production of “CPSG.”

Jeremy Law for SylacaugaNews.com | © 2017, SylacaugaNews.com/Marble City Media LLC. All Rights Reserved.


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