OTC Markets Group Welcomes Jervois Global Limited to OTCQX

Rhea-AI Summary

OTC Markets Group Inc. (OTCM) has announced that Jervois Global Limited (OTCQX: JRVMF) has upgraded to trade on the OTCQX Best Market from the Pink market. This upgrade is significant as it enhances transparency for U.S. investors, allowing Jervois to utilize home market reporting to share important information. To qualify for OTCQX, companies must adhere to high financial standards and governance practices. This strategic move is expected to improve trading conditions and investor accessibility for Jervois, which operates in the cobalt, nickel, and copper sectors.

Positive

• Jervois Global Limited upgraded to OTCQX from the Pink market, enhancing visibility.
• Increased transparency for U.S. investors due to high financial standards.

Negative

• None.

NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Jervois Global Limited (ASX: JRV; TSX-V: JRV; OTCQX: JRVMF), a leading cobalt minerals, metals and chemicals company, has qualified to trade on the OTCQX® Best Market. Jervois Global Limited upgraded to OTCQX from the Pink® market.

Jervois Global Limited begins trading today on OTCQX under the symbol “JRVMF.” 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.

Securities Law USA, PLLC acted as the company’s OTCQX sponsor.

About Jervois Global Limited
Jervois is a leading cobalt minerals, metals and chemicals company with significant nickel and copper exposure, refinery assets and growth opportunities.

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 over 11,000 U.S. and global securities. Through our regulated OTC Link^® Alternative Trading Systems, the Company connects 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 their investors.

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 significance of Jervois Global's upgrade to OTCQX on January 14, 2022?

The upgrade allows Jervois Global to enhance transparency and trading conditions for U.S. investors.

What trading symbol will Jervois Global use on OTCQX?

Jervois Global Limited will trade under the symbol JRVMF on OTCQX.

What are the requirements for a company to be listed on OTCQX?

Companies must meet high financial standards, follow best practices in corporate governance, and comply with applicable securities laws.

How does the upgrade to OTCQX affect Jervois Global's investors?

The upgrade improves access to financial information and trading for U.S. investors.