Energy Transition Minerals (ASX:ETM) has appointed US-based advisors to begin the process of seeking a listing on the Nasdaq stock exchange, according to a Monday Australian bourse filing.

Cohen & Company Capital Markets, a special purpose acquisition company underwriter, has been appointed as the exclusive US financial advisor, providing listing strategy, mergers and acquisitions advice, and capital markets engagement, the filing added.

The company said that a Nasdaq listing would provide access to deep US capital markets, enhanced liquidity, and strategic alignment with Western critical minerals supply chain priorities.

The company said that it has strengthened its international advisory board with the appointment of former Danish Foreign Minister Jeppe Kofod and former Danish Ambassador to the US Friis Arne Petersen, and plans to add a US-based advisor to accelerate North American engagement.

It added that legal proceedings relating to the Kvanefjeld Rare Earths Project have advanced, with the case now proceeding to the merits before the High Court of Greenland, while stakeholder engagement on the Kvanefjeld dispute also continues in parallel.

The company's shares rose 3% in recent Monday trade.