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OTC Markets Group Welcomes Mongolian Mining Corporation to OTCQX

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Mongolian Mining (HKX: 975; OTCQX: MOGLF), Mongolia's largest producer and exporter of high-quality washed hard coking coal, has upgraded from the Pink® market to the OTCQX® Best Market. The company began trading on OTCQX under the symbol 'MOGLF' on December 11, 2024. This upgrade represents a significant milestone for the company, providing enhanced transparency for U.S. investors through the OTC Markets Group platform.

As an OTCQX-listed company, Mongolian Mining meets high financial standards and corporate governance requirements while leveraging their home market reporting to make information available to U.S. investors. CEO Battsengel Gotov highlighted this move as strategic for expanding their international presence and strengthening connections with U.S.-based investors.

Mongolian Mining (HKX: 975; OTCQX: MOGLF), il più grande produttore ed esportatore di carbone coking duro lavato di alta qualità in Mongolia, ha effettuato un upgrade dal mercato Pink® al OTCQX® Best Market. L'azienda ha iniziato a essere quotata su OTCQX con il simbolo 'MOGLF' l'11 dicembre 2024. Questo upgrade rappresenta una tappa significativa per l'azienda, offrendo maggiore trasparenza per gli investitori statunitensi attraverso la piattaforma del OTC Markets Group.

Come società quotata su OTCQX, Mongolian Mining soddisfa elevati standard finanziari e requisiti di governance aziendale, sfruttando i report del mercato domestico per rendere le informazioni disponibili agli investitori statunitensi. Il CEO Battsengel Gotov ha sottolineato questo passo come strategico per espandere la loro presenza internazionale e rafforzare i legami con gli investitori con sede negli Stati Uniti.

Mongolian Mining (HKX: 975; OTCQX: MOGLF), el mayor productor y exportador de carbón coque lavado de alta calidad de Mongolia, ha sido promovido del mercado Pink® al OTCQX® Best Market. La compañía comenzó a cotizar en OTCQX bajo el símbolo 'MOGLF' el 11 de diciembre de 2024. Esta promoción representa un hito significativo para la empresa, proporcionando mayor transparencia para los inversores estadounidenses a través de la plataforma de OTC Markets Group.

Como empresa que cotiza en OTCQX, Mongolian Mining cumple con altos estándares financieros y requisitos de gobernanza corporativa, aprovechando su información del mercado local para hacerla disponible a los inversores de EE. UU. El CEO Battsengel Gotov destacó este movimiento como estratégico para expandir su presencia internacional y fortalecer las conexiones con los inversores en EE. UU.

몽골 미닝 (HKX: 975; OTCQX: MOGLF), 몽골에서 고품질 세척한 경질 코킹 석탄의 최대 생산자 및 수출업체가 OTCQX® Best Market으로의 업그레이드를 진행했습니다. 이 회사는 2024년 12월 11일부터 'MOGLF'라는 기호로 OTCQX에서 거래를 시작했습니다. 이번 업그레이드는 회사에 중요한 이정표를 의미하며, OTC Markets Group 플랫폼을 통해 미국 투자자들에게 보다 높은 투명성을 제공합니다.

OTCQX에 상장된 회사로서 몽골 미닝은 높은 재무 기준과 기업 거버넌스 요구 사항을 충족하면서 자국 시장의 보고서를 활용하여 미국 투자자들에게 정보를 제공합니다. CEO인 바트센겔 고토프는 이 움직임이 국제적인 입지를 확장하고 미국 투자자들과의 관계를 강화하는 데 전략적이라고 강조했습니다.

Mongolian Mining (HKX: 975; OTCQX: MOGLF), le plus grand producteur et exportateur de charbon coking dur lavé de haute qualité en Mongolie, a été promu du marché Pink® au OTCQX® Best Market. L'entreprise a commencé à échanger sur OTCQX sous le symbole 'MOGLF' le 11 décembre 2024. Cette promotion représente une étape importante pour l'entreprise, offrant une plus grande transparence aux investisseurs américains grâce à la plateforme du OTC Markets Group.

En tant qu'entreprise cotée sur OTCQX, Mongolian Mining respecte des normes financières élevées et des exigences de gouvernance d'entreprise tout en utilisant ses rapports du marché local pour rendre les informations disponibles aux investisseurs américains. Le PDG Battsengel Gotov a souligné ce mouvement comme stratégique pour étendre leur présence internationale et renforcer les liens avec les investisseurs basés aux États-Unis.

Mongolian Mining (HKX: 975; OTCQX: MOGLF), der größte Produzent und Exporteur von hochwertiger gewaschener Hartkoks-Kohle in der Mongolei, hat von dem Pink®-Markt auf den OTCQX® Best Market gewechselt. Das Unternehmen begann am 11. Dezember 2024 mit dem Handel auf OTCQX unter dem Symbol 'MOGLF'. Dieses Upgrade stellt einen bedeutenden Meilenstein für das Unternehmen dar und bietet amerikanischen Investoren durch die Plattform der OTC Markets Group eine verbesserte Transparenz.

Als auf dem OTCQX gelistetes Unternehmen erfüllt Mongolian Mining hohe finanzielle Standards und Anforderungen an die Unternehmensführung, während es seine Marktberichte aus der Heimat nutzt, um Informationen für US-Investoren bereitzustellen. CEO Battsengel Gotov bezeichnete diesen Schritt als strategisch für die Erweiterung der internationalen Präsenz und zur Stärkung der Verbindungen zu in den USA ansässigen Investoren.

Positive
  • Upgrade from Pink to OTCQX market indicates meeting higher financial and governance standards
  • Enhanced visibility and access to U.S. investors through OTCQX platform
  • Company maintains position as largest HCC producer and exporter in Mongolia
Negative
  • None.

NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Mongolian Mining Corporation (HKX: 975; OTCQX: MOGLF), the largest producer and exporter of high-quality washed hard coking coal (“HCC”) in Mongolia, has qualified to trade on the OTCQX® Best Market. Mongolian Mining Corporation upgraded to OTCQX from the Pink® market.

Mongolian Mining Corporation begins trading today on OTCQX under the symbol “MOGLF.” 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 upgrade to the OTCQX market, a significant step in enhancing our international presence and increasing engagement with investors. This platform will allow us to share our achievements with a broader audience and strengthen connections with U.S.-based investors." stated Battsengel Gotov, Executive Director and Group Chief Executive Officer of Mongolian Mining Corporation.

About Mongolian Mining Corporation
Mongolian Mining Corporation (“MMC” or the “Company”) is a high-quality coking coal producer and exporter in Mongolia. The Company owns and operates two open-pit coking coal mines – Ukhaa Khudag and Baruun Naran, both located in Umnugobi aimag of Mongolia. MMC’s operations have grown rapidly from a green-field project in 2009 to a world-standard mining complex to date. With its premium quality coal products, international standard project development and effective management practices, the Company is the largest producer and exporter of washed coking coal in Mongolia. In 2010, after only one year of fast-paced operations, the Company was successfully listed on the main board of Hong Kong Stock Exchange, making it the first Mongolian company to offer its shares internationally. With integrated coal mining operations combined with leading edge technologies, MMC was able to reach the quickest ramp-up of mining operations in the country based on the best international practices. Located adjacent to the Chinese border and the target market region, MMC has a competitive cost structure and a strategic advantage to compete at the world market.

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 Mongolian Mining (MOGLF) begin trading on OTCQX?

Mongolian Mining began trading on the OTCQX market on December 11, 2024, under the symbol 'MOGLF'.

What are the requirements for Mongolian Mining to maintain OTCQX listing?

To maintain OTCQX listing, the company must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

What is Mongolian Mining 's market position in Mongolia?

Mongolian Mining is the largest producer and exporter of high-quality washed hard coking coal (HCC) in Mongolia.

How can U.S. investors access Mongolian Mining 's financial information?

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Mongolian Mining on www.otcmarkets.com.

What markets is Mongolian Mining (MOGLF) listed on?

Mongolian Mining is listed on the Hong Kong Exchange (HKX: 975) and the OTCQX Market (OTCQX: MOGLF).

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