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Omega Pacific Receives OTCQB Approval

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Omega Pacific Resources has announced its successful approval for quotation on the OTCQB by FINRA. Starting today, the company's common shares will trade under the ticker symbol 'OMGPF' on the OTCQB while continuing to be listed on the CSE as 'OMGA.' Omega Pacific has also completed the application process for OTC Market and DTC eligibility. CEO Jason Leikam stated that the new listing on OTCQB will enhance the company's visibility, making it accessible to a broader range of U.S. investors, thereby increasing liquidity and providing real-time quotes and market information. The OTCQB market is noted for its high-quality trading standards, transparency, and improved investor information experience.

Positive
  • Approval for quotation on OTCQB by FINRA, increasing visibility.
  • Shares listed on both OTCQB (OMGPF) and CSE (OMGA).
  • Completed application process for OTC Market and DTC eligibility.
  • Expected increase in liquidity due to broader U.S. investor access.
  • Enhanced transparency and real-time market information for investors.
Negative
  • No immediate financial benefits directly mentioned in the announcement.
  • Future performance and investor interest remain uncertain despite increased visibility.

VANCOUVER, BC / ACCESSWIRE / June 7, 2024 / Omega Pacific Resources Inc. (CSE:OMGA)(OTCQB:OMGPF)(FSE:Q0F) ("Omega" or the "Company") is pleased to announce that after successfully completing the application process it has been approved by FINRA for quotation in the U.S. The Company's common shares will begin being quoted on the OTCQB today, under the stock symbol "OMGPF" and will remain listed on the CSE under the ticker symbol "OMGA." The Company has also completed the application process for the OTC Market and for eligibility with the Depository Trust Company ("DTC").

Jason Leikam, Omega Pacific's CEO, commented, "Being quoted on the OTCQB will enhance our visibility and make the Company accessible to a broader range of U.S. investors. The quotation on the OTCQB is expected to increase liquidity by providing current and potential investors with a transparent and easily accessible trading platform where they can find Real-Time quotes and market information."

The OTCQB Venture is the premier marketplace for companies that are committed to providing a high-quality trading and information experience for their U.S. investors. Qualifying for approval to trade on the OTCQB requires a Company to be current on disclosure obligations, to pass a minimum bid price test, and to provide an annual company verification and management certification process. The OTCQB quality standards create a solid baseline of transparency, as well as the technology to improve the information and trading experience for investors.

About Omega Pacific

Omega Pacific is a mineral exploration company focused on the development of mineral projects containing base and precious metals.

For more information, please contact:

Omega Pacific Resources Inc.

Jason Leikam, Chief Executive Officer & Director
Tel: +1 (778) 650 4255
Email: jason@omegapacific.ca

Cautionary Statement

Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company's plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Omega Pacific Resources Inc.



View the original press release on accesswire.com

FAQ

What is the new stock symbol for Omega Pacific Resources on the OTCQB?

The new stock symbol for Omega Pacific Resources on the OTCQB is 'OMGPF.'

When did Omega Pacific Resources start trading on the OTCQB?

Omega Pacific Resources started trading on the OTCQB on June 7, 2024.

What benefits does Omega Pacific Resources expect from trading on the OTCQB?

Omega Pacific Resources expects increased visibility, broader access to U.S. investors, and enhanced liquidity.

Will Omega Pacific Resources remain listed on the CSE?

Yes, Omega Pacific Resources will continue to be listed on the CSE under the ticker symbol 'OMGA.'

Who approved Omega Pacific Resources for trading on the OTCQB?

Omega Pacific Resources was approved for trading on the OTCQB by FINRA.

OMEGA PAC RES INC

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