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Highlights
- Viking Mines’ shares are now quoted on the US OTC Markets, offering real-time access in US dollars.
- No new shares have been issued; the primary listing remains on the Australian Securities Exchange.
- The Linka Tungsten Project in Nevada strengthens Viking’s positioning with North American investors.
- OTC listing enhances accessibility and broadens engagement with US capital markets.
- Ongoing exploration, metallurgical testing, and planned drilling advance Linka toward potential production.
Viking Mines Limited (ASX:VKA) (OTCID:VKALF) recorded over 14% rise in its share price to AUD 0.016 per share in early trading on 13 April 2026, following the update regarding the commencement of trading of its ordinary shares on the US OTC Markets under the ticker VKALF.
The listing provides North American investors with direct access to the company’s shares and aligns with its operational focus on the Linka Tungsten Project in Nevada, USA. This move is expected to increase global liquidity and broaden the shareholder base by removing barriers for the US institutional and retail investors.
Enhanced Access for US Investors
Trading on the OTC Markets provides a platform for US investors to transact Viking shares in their local time zone and currency. This improved access is expected to simplify investment processes for those seeking exposure to the critical minerals sector in the United States.
This Level 2 quotes and financial disclosures meeting ASX standards are now accessible via the OTC Markets website.
The OTC Markets Group operates the US trading platform for over 12,000 securities globally. International companies utilise the platform to provide investors with the same financial information available in their home markets. US presence through trading on the OTC Markets involves no new regulatory obligations or share issuance.
Strategic Focus on Nevada Operations
The company is advancing exploration and development activities at its Linka Project. With global tungsten prices recently exceeding USD 3,150 per metric tonne unit, the project represents a significant asset within a Tier-1 mining jurisdiction.
Establishing a US trading presence allows Viking to engage with investors as it progresses the project toward potential production.
Ongoing Work at Linka
At the Linka Project, near-term activities include fieldwork at the historical tailings dam and stockpiles to collect samples for grade analysis and metallurgical testing, along with volume assessments.
The company is also evaluating targets identified through gravity and magnetic surveys, finalising a 3D geological model to support drilling plans and a potential use in JORC (2012) exploration target determination. In addition, regulatory approvals are being progressed through the lodgement of a Notice of Intent with the Bureau of Land Management.
Metallurgical testwork is ongoing, with cleaner flotation results expected in April. In the June quarter, drilling is expected to commence at the project.
The OTC listing strengthens Viking Mines’ accessibility to US investors while maintaining its primary ASX listing. With exploration advancing at the Linka project and global tungsten prices at historic highs, the company intends to engage effectively with North American markets as it progresses toward potential production.
