OTC Markets Group Welcomes Montage Gold Corp. to OTCQX
Montage Gold Corp. (OTCQX: MAUTF), a Canadian gold exploration company, has upgraded its trading status from the Pink market to the OTCQX Best Market. This upgrade, effective today, enhances transparency for U.S. investors, allowing them access to the company's financial disclosures and real-time market data. Montage's flagship asset, the Koné Gold Project, contains a Probable Mineral Reserve of 3.42 million ounces of gold. The OTC Markets Group facilitates this upgrade, ensuring high financial standards and corporate governance compliance.
- Montage Gold Corp. upgraded to OTCQX Best Market from Pink market, enhancing visibility for U.S. investors.
- The Koné Gold Project has a Probable Mineral Reserve of 3.42 million ounces of gold, indicating substantial resource potential.
- None.
NEW YORK, Aug. 31, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Montage Gold Corp. (TSX-V: MAU; OTCQX: MAUTF), a gold exploration and development company focused in Côte d’Ivoire, has qualified to trade on the OTCQX® Best Market. Montage Gold Corp. upgraded to OTCQX from the Pink® market.
Montage Gold Corp. begins trading today on OTCQX under the symbol “MAUTF.” 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.
B. Riley Securities, Inc. acted as the company’s OTCQX sponsor.
About Montage Gold Corp.
Montage is a Canadian-based precious metals exploration and development company focused on opportunities in Côte d’Ivoire. The Company’s flagship property is the Koné Gold Project, located in northwest Côte d’Ivoire, which currently hosts a Probable Mineral Reserve of 161.1Mt grading 0.66g/t for 3.42M ounces of gold. The Company released the results of a definitive feasibility study (the “DFS”) on the Koné Gold Project on February 14, 2022, outlining a 15-year gold project producing 3.06M ounces of gold with average annual production of 207koz, and peak production of 320koz. Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.
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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OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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