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OTC Markets Group Welcomes Allied Gold Corp. to OTCQX

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OTC Markets Group Inc. (OTCQX: OTCM) has announced that Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF) has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. Allied Gold, based in Toronto, Canada, begins trading on OTCQX under the symbol 'AAUCF' on September 9, 2024. This upgrade provides transparent trading for U.S. investors and allows the company to utilize its home market reporting to make information available in the U.S.

To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Peter Marrone, Chairman and CEO of Allied Gold, expressed enthusiasm about the upgrade, stating it will allow a broader set of shareholders to invest while improving trading liquidity and unlocking value. JWTT Inc. acted as the company's OTCQX sponsor.

OTC Markets Group Inc. (OTCQX: OTCM) ha annunciato che Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF) ha ottenuto la qualifica per negoziare sul OTCQX® Best Market, passando dal mercato Pink®. Allied Gold, con sede a Toronto, Canada, inizierà a negoziare su OTCQX con il simbolo 'AAUCF' il 9 settembre 2024. Questo upgrade offre negoziazioni trasparenti per gli investitori statunitensi e consente all'azienda di utilizzare la reportistica del proprio mercato per rendere disponibili le informazioni negli Stati Uniti.

Per qualificarsi per OTCQX, le aziende devono soddisfare alti standard finanziari, seguire le migliori pratiche di governance aziendale e dimostrare conformità con le leggi sui titoli applicabili. Peter Marrone, Presidente e CEO di Allied Gold, ha espresso entusiasmo per l'upgrade, affermando che permetterà a un numero più ampio di azionisti di investire, migliorando la liquidità delle negoziazioni e sbloccando valore. JWTT Inc. ha agito come sponsor OTCQX dell'azienda.

OTC Markets Group Inc. (OTCQX: OTCM) ha anunciado que Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF) se ha calificado para negociar en el OTCQX® Best Market, ascendiendo del mercado Pink®. Allied Gold, con sede en Toronto, Canadá, comenzará a negociar en OTCQX bajo el símbolo 'AAUCF' el 9 de septiembre de 2024. Esta mejora proporciona negociaciones transparentes para los inversores estadounidenses y permite a la empresa utilizar su reporte en el mercado local para hacer la información disponible en EE. UU.

Para calificar para OTCQX, las empresas deben cumplir con altos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y demostrar cumplimiento con las leyes de valores aplicables. Peter Marrone, Presidente y CEO de Allied Gold, expresó entusiasmo por la mejora, afirmando que permitirá a un conjunto más amplio de accionistas invertir, mientras mejora la liquidez de las negociaciones y desbloquea valor. JWTT Inc. actuó como patrocinador de OTCQX de la empresa.

OTC Markets Group Inc. (OTCQX: OTCM)는 Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF)가 OTCQX® Best Market에서 거래할 자격을 갖추었다고 발표했습니다. 이는 Pink® 시장에서의 업그레이드입니다. 캐나다 토론토에 본사를 둔 Allied Gold는 2024년 9월 9일부터 OTCQX에서 'AAUCF' 심볼로 거래를 시작합니다. 이번 업그레이드는 미국 투자자들에게 투명한 거래를 제공하고 회사가 자국 시장에서의 보고서를 활용하여 미국에 정보를 제공할 수 있도록 합니다.

OTCQX에 자격을 얻으려면 기업은 높은 재무 기준을 충족하고 최선의 관리 관행을 지켜야 하며, 적용 가능한 증권법 준수를 입증해야 합니다. Allied Gold의 회장 겸 CEO인 Peter Marrone은 업그레이드에 대한 열정을 표현하며, 이는 더 넓은 주주들이 투자할 수 있도록 하면서 거래 유동성을 개선하고 가치를 창출할 것이라고 밝혔습니다. JWTT Inc.는 회사의 OTCQX 후원자로 활동했습니다.

OTC Markets Group Inc. (OTCQX: OTCM) a annoncé que Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF) a obtenu la qualification pour négocier sur le OTCQX® Best Market, se mettant à niveau depuis le marché Pink®. Allied Gold, basé à Toronto, Canada, commencera à négocier sur OTCQX sous le symbole 'AAUCF' le 9 septembre 2024. Cette amélioration offre une négociation transparente pour les investisseurs américains et permet à l'entreprise d'utiliser son reporting sur le marché d'origine pour rendre les informations disponibles aux États-Unis.

Pour se qualifier pour OTCQX, les entreprises doivent répondre à des normes financières élevées, suivre les meilleures pratiques de gouvernance d'entreprise et démontrer leur conformité avec les lois sur les valeurs mobilières applicables. Peter Marrone, Président et CEO d'Allied Gold, a exprimé son enthousiasme quant à cette montée en gamme, affirmant que cela permettra à un plus large éventail d'actionnaires d'investir tout en améliorant la liquidité des transactions et en débloquant des valeurs. JWTT Inc. a agi en tant que sponsor OTCQX de l'entreprise.

OTC Markets Group Inc. (OTCQX: OTCM) hat angekündigt, dass Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF) die Voraussetzungen für den Handel am OTCQX® Best Market erfüllt, nachdem sie vom Pink® Markt aufgestiegen ist. Allied Gold mit Sitz in Toronto, Kanada, wird am 9. September 2024 unter dem Symbol 'AAUCF' an OTCQX gehandelt. Dieses Upgrade bietet transparente Handelsmöglichkeiten für US-Investoren und ermöglicht es dem Unternehmen, seine lokalen Marktberichte zu nutzen, um Informationen in den USA verfügbar zu machen.

Um sich für OTCQX zu qualifizieren, müssen Unternehmen hohe finanzielle Standards erfüllen, bewährte Praktiken in der Unternehmensführung einhalten und die Einhaltung der geltenden Wertpapiergesetze nachweisen. Peter Marrone, Vorsitzender und CEO von Allied Gold, äußerte seine Begeisterung über das Upgrade und erklärte, dass es einem breiteren Kreis von Aktionären ermöglichen wird, zu investieren, während es die Handelsliquidität verbessert und Werte freisetzt. JWTT Inc. fungierte als OTCQX-Sponsor des Unternehmens.

Positive
  • Upgrade to OTCQX Best Market from Pink market
  • Potential for broader shareholder base and improved trading liquidity
  • Compliance with high financial standards and best practice corporate governance
Negative
  • None.

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF), based in Toronto, Canada, has qualified to trade on the OTCQX® Best Market. Allied Gold Corp. upgraded to OTCQX from the Pink® market.

Allied Gold Corp. begins trading today on OTCQX under the symbol “AAUCF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

“We are pleased to start trading on OTCQX which will allow a broader set of shareholders to invest in Allied Gold, while improving trading liquidity and unlocking value,” said Peter Marrone, Chairman and CEO of Allied Gold.

JWTT Inc. acted as the company’s OTCQX sponsor.

About Allied Gold Corp.
Allied Gold is a Canadian-based gold producer with a significant growth profile and mineral endowment which operates a portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali, and Ethiopia. Led by a team of mining executives with operational and development experience and proven success in creating value, Allied Gold is progressing through exploration, construction and operational enhancements to become a mid-tier next generation gold producer in Africa and ultimately a leading senior global gold producer.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


FAQ

When did Allied Gold Corp. (OTCQX: AAUCF) begin trading on the OTCQX Best Market?

Allied Gold Corp. began trading on the OTCQX Best Market on September 9, 2024, under the symbol 'AAUCF'.

What are the benefits for Allied Gold Corp. (OTCQX: AAUCF) upgrading to the OTCQX Market?

Upgrading to the OTCQX Market provides transparent trading for U.S. investors, allows for a broader set of shareholders, improves trading liquidity, and potentially unlocks value for the company.

What requirements did Allied Gold Corp. (OTCQX: AAUCF) meet to qualify for the OTCQX Market?

To qualify for OTCQX, Allied Gold Corp. had to meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

Who sponsored Allied Gold Corp. (OTCQX: AAUCF) for its OTCQX upgrade?

JWTT Inc. acted as Allied Gold Corp.'s OTCQX sponsor for the upgrade to the OTCQX Best Market.

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