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OTC Markets Group Welcomes Goviex Uranium Inc to OTCQX

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OTC Markets Group Inc. announced that Goviex Uranium Inc. has upgraded to the OTCQX® Best Market, commencing trading under the symbol "GVXXF". This designation indicates that Goviex meets high financial standards and best corporate governance practices. CEO Daniel Major stated that this upgrade enhances the company's visibility and appeal to U.S. investors. Goviex focuses on uranium properties in Africa, with key projects including the Madaouela Project in Niger, the Mutanga Project in Zambia, and the Falea Project in Mali.

Positive
  • Upgraded to OTCQX from OTCQB, enhancing visibility and accessibility.
  • Meets high financial standards and best practice corporate governance.
  • Potential to attract more U.S. and global investors.
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  • None.

NEW YORK, Oct. 26, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Goviex Uranium Inc (TSX-V: GXU; OTCQX: GVXXF), a mineral resource company focused on the exploration and development of uranium properties in Africa, has qualified to trade on the OTCQX® Best Market. Goviex Uranium Inc upgraded to OTCQX from the OTCQB® Venture Market.

Goviex Uranium Inc begins trading today on OTCQX under the symbol "GVXXF."  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 from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Daniel Major, CEO, commented "We are pleased to announce the upgrade to the OTCQX® Best Market, a designation that aligns with GoviEx's commitment to meet higher financial standards for compliance, disclosure and corporate governance. Trading our stock on the OTCQX will expand the Company's visibility and accessibility to current and prospective U.S. and global shareholders."

About Goviex Uranium Inc
GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is to become a significant uranium producer through the continued exploration and development of its flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Zambia, and its multi-element Falea Project in Mali.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

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

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

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

(PRNewsfoto/OTC Markets Group Inc.)

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/otc-markets-group-welcomes-goviex-uranium-inc-to-otcqx-301408354.html

SOURCE OTC Markets Group Inc.

FAQ

What is the significance of Goviex Uranium upgrading to OTCQX?

The upgrade to OTCQX signifies that Goviex meets high financial standards and improves its visibility among U.S. investors.

What symbol will Goviex Uranium trade under on the OTCQX?

Goviex Uranium will trade under the symbol "GVXXF" on the OTCQX.

When did Goviex Uranium start trading on OTCQX?

Goviex Uranium began trading on OTCQX on October 26, 2021.

What projects is Goviex Uranium focused on?

Goviex is focused on uranium projects in Africa, including the Madaouela Project in Niger, the Mutanga Project in Zambia, and the Falea Project in Mali.

Who is the CEO of Goviex Uranium?

Daniel Major is the CEO of Goviex Uranium.

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