Saltire Capital Ltd. Expands U.S. Presence with OTCQX Listing and Leadership Changes

Saltire Capital Ltd. (TSX: SLT; OTCQX: SLTEF) announced a significant milestone in its international expansion on November 19, 2025, when it began trading on the OTCQX Best Market. The move follows the company’s upgrade from the OTCID™ Basic Market and reflects compliance with stringent financial reporting, corporate governance, and regulatory standards required by OTC Markets Group Inc.

OTCQX Listing Enhances U.S. Investor Access

OTCQX is the highest tier within the OTC Markets Group, offering U.S. investors enhanced visibility and liquidity for securities listed on foreign exchanges. By securing a spot on OTCQX, Saltire has positioned itself to attract a broader base of U.S. capital while maintaining its existing Toronto Stock Exchange presence under the symbols SLT, SLT.U, and SLT.WT.U. The company’s new ticker, SLTEF, will be used exclusively for trading on the U.S. platform, with real‑time Level 2 quotes and comprehensive financial disclosures available on the OTCMarkets.com website.

This development is expected to increase transparency and potentially improve the company’s valuation, as investors often view OTCQX listings as a signal of robust governance and disclosure practices. It also aligns with Saltire’s strategy to broaden its investor base beyond Canada, tapping into the large and diverse U.S. equity market.

Leadership Transition: CFO Baqar Moves to Managing Director of CM

In a related corporate update, Saltire announced that CFO Baqar has transitioned to the role of Managing Director for its CM division. The change, reported on November 18, 2025, signifies a strategic shift in the company’s leadership structure. While the company has not disclosed specific details about the responsibilities associated with the new role, the move suggests an emphasis on strengthening operational oversight and capital management across Saltire’s portfolio.

The CFO’s deep experience in financial strategy is expected to support Saltire’s growth initiatives, particularly as it expands its presence in the U.S. market and seeks new investment opportunities.

Q3 2025 Financial Results

Saltire Capital Ltd. released its third‑quarter 2025 financial results on November 17, 2025. While the press release did not provide granular figures in the source material, it underscored the company’s continued focus on financial discipline and strategic investment. The company’s market capitalization stood at approximately CAD 35.03 million, with a 52‑week range of CAD 3.75 to CAD 11.00. The close price on November 17 was CAD 4.75, and the price‑earnings ratio hovered around 0.71, indicating that the shares are trading below earnings benchmarks and may reflect undervaluation relative to peers.

Market Context and Outlook

Saltire’s recent actions—OTCQX listing and executive reshuffling—coincide with a broader trend among Canadian financial firms seeking to diversify their investor base. By enhancing liquidity in the U.S. market and reinforcing its leadership structure, Saltire aims to position itself favorably for future capital-raising initiatives and strategic acquisitions.

Analysts will likely scrutinize the company’s upcoming filings for details on the CM division’s performance and the impact of the OTCQX listing on share liquidity. As the company continues to navigate the regulatory and market dynamics of both Canadian and U.S. exchanges, stakeholders should monitor its quarterly updates for insights into growth drivers and capital deployment strategies.