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OTC Markets Group Welcomes Golden Metal Resources PLC to OTCQX

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OTC Markets Group has announced the upgrade of Golden Metal Resources PLC (LON: GMET; OTCQX: GMTLF) to the OTCQX Best Market, effective June 28, 2024.

This upgrade from the OTCQB Venture Market highlights Golden Metal's adherence to high financial standards and robust corporate governance.

Trading under the symbol 'GMTLF', Golden Metal Resources PLC aims to leverage this milestone to enhance its visibility among U.S. investors and fortify its market presence.

CEO Oliver Friesen expressed enthusiasm, attributing the upgrade to the company's positive momentum in the U.S. markets and acknowledging the efforts of the Golden Metal team and OTC Markets Group.

Positive
  • Golden Metal Resources PLC upgraded to the OTCQX Best Market, enhancing visibility among U.S. investors.
  • Adherence to high financial standards and robust corporate governance demonstrates the company's credibility.
  • The upgrade reflects positive momentum for Golden Metal Resources in U.S. markets.
Negative
  • None.

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Golden Metal Resources PLC (LON: GMET; OTCQX: GMTLF), a precious and strategic metals exploration company, has qualified to trade on the OTCQX® Best Market. Golden Metal Resources PLC upgraded to OTCQX from the OTCQB® Venture Market.

Golden Metal Resources PLC begins trading today on OTCQX under the symbol “GMTLF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Oliver Friesen, CEO of Golden Metal, commented:
“We are delighted to have been upgraded to the OTCQX Market, which we believe is a reflection of the positive momentum the Company continues to build within the US markets and abroad. A special thanks to the Golden Metal team and all parties at the OTC Markets Group who have helped facilitate this exciting transition.”

About Golden Metal Resources PLC
Golden Metal Resources PLC - UK ("GMET") is an AIM listed precious and strategic metals exploration Company which controls interests in five highly prospective projects in mining friendly Nevada. The Company completed AIM admission on 10th May 2023.

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

What is the new trading symbol for Golden Metal Resources PLC on the OTCQX Best Market?

Golden Metal Resources PLC will trade under the symbol 'GMTLF' on the OTCQX Best Market.

When did Golden Metal Resources PLC upgrade to the OTCQX Best Market?

Golden Metal Resources PLC upgraded to the OTCQX Best Market on June 28, 2024.

What market did Golden Metal Resources PLC upgrade from?

Golden Metal Resources PLC upgraded from the OTCQB Venture Market to the OTCQX Best Market.

What are the benefits of Golden Metal Resources PLC upgrading to the OTCQX Best Market?

Upgrading to the OTCQX Best Market enhances the company's visibility among U.S. investors and reflects adherence to high financial standards and robust corporate governance.

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