Granite Creek Announces Uplisting to OTCQB Venture Market
Granite Creek Copper Ltd. has announced its uplisting to the OTCQB Venture Market under the symbol GCXXF, effective March 16, 2021. This upgrade from the OTC Pink Sheets aims to enhance liquidity and attract U.S. investors. By meeting the OTCQB's stricter requirements, the company benefits from Blue-Sky exemptions, potentially increasing trading volumes. President & CEO Tim Johnson highlighted the timing with the strong copper market, positioning Granite Creek favorably for new investments in its Carmacks and Carmacks North projects in Yukon.
- Uplisting to OTCQB enhances liquidity and investor accessibility.
- Blue-Sky exemptions may increase investment adviser recommendations.
- Strong demand for copper supports potential growth in share value.
- None.
VANCOUVER, BC / ACCESSWIRE / March 18, 2021 / Granite Creek Copper Ltd. (TSXV:GCX)(OTCQB:GCXXF) ("Granite Creek" or the "Company") announces it has received approval from OTC Markets Group Inc. for trading on the OTCQB Venture Market, under the symbol GCXXF, as of March 16, 2021. The Company's common shares, which are also DTC eligible, will continue to trade on the TSX Venture Exchange under the symbol GCX.
The Company's upgraded listing from the OTC Pink Sheets to the OTCQB is anticipated to provide improved liquidity and, by enhancing the overall trading experience for current and potential U.S. investors, add to the Company's shareholder base. By meeting and maintaining the stricter eligibility requirements of the OTCQB listing, Granite Creek benefits from Blue-Sky exemptions, certain U.S. state securities laws, which has the potential to further enhance trading volumes through an expansion of investment advisers' ability to recommend investments to their U.S. clients.
Tim Johnson, President & CEO of Granite Creek Copper, stated, "This uplisting of our common shares is another key step in our advancement of Granite Creek and is particularly timely as we continue to see exceptional strength in the copper market and a corresponding interest from investors. Combined with our DTC eligibility, the Company is well-positioned to accommodate new investors who recognize the potential of our Carmacks & Carmacks North copper-gold project in Canada's Yukon Territory."
About Granite Creek Copper
Granite Creek, a member of the Metallic Group of Companies, is a Canadian exploration company focused on the Yukon's Minto copper district where it holds the Carmacks and Carmacks North project. This combined 176-square-kilometer property is on trend with Pembridge Resources' high-grade Minto copper-gold mine to the north and features excellent access to infrastructure with the nearby paved Yukon Highway 2, along with grid power within 12 km. More information about Granite Creek Copper can be viewed on the Company's website at www.gcxcopper.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Timothy Johnson, President & CEO
Telephone: 1 (604) 235-1982
Toll Free: 1 (888) 361-3494
E-mail: info@gcxcopper.com
Website: www.gcxcopper.com
Metallic Group: www.metallicgroup.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Granite Creek Copper Ltd.
View source version on accesswire.com:
https://www.accesswire.com/636225/Granite-Creek-Announces-Uplisting-to-OTCQB-Venture-Market
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