OTC Markets Group Welcomes Sprott Physical Copper Trust to OTCQX
OTC Markets Group (OTCQX: OTCM) announced that Sprott Physical Copper Trust (TSX: COP.UN; OTCQX: SPHCF) has upgraded from OTCQB Venture Market to the OTCQX Best Market, commencing trading under the symbol 'SPHCF' on April 16, 2025.
The upgrade represents a significant milestone, as OTCQX requires companies to meet stringent financial standards, follow best practice corporate governance, and demonstrate securities law compliance. The trust, recognized as the world's only physical copper fund, aims to enhance accessibility for U.S. investors through this market advancement.
OTC Markets Group (OTCQX: OTCM) ha annunciato che il Sprott Physical Copper Trust (TSX: COP.UN; OTCQX: SPHCF) è stato promosso dal mercato OTCQB Venture al OTCQX Best Market, iniziando a negoziare con il simbolo 'SPHCF' a partire dal 16 aprile 2025.
Questa promozione rappresenta un traguardo importante, poiché OTCQX richiede alle aziende di rispettare rigorosi standard finanziari, adottare le migliori pratiche di governance aziendale e dimostrare la conformità alle normative sui titoli. Il trust, riconosciuto come l'unico fondo fisico di rame al mondo, mira a migliorare l'accessibilità per gli investitori statunitensi grazie a questo avanzamento di mercato.
OTC Markets Group (OTCQX: OTCM) anunció que el Sprott Physical Copper Trust (TSX: COP.UN; OTCQX: SPHCF) ha sido promovido del mercado OTCQB Venture al OTCQX Best Market, comenzando a cotizar bajo el símbolo 'SPHCF' el 16 de abril de 2025.
Esta mejora representa un hito significativo, ya que OTCQX exige que las empresas cumplan con estrictos estándares financieros, sigan las mejores prácticas de gobierno corporativo y demuestren cumplimiento con las leyes de valores. El fondo, reconocido como el único fondo físico de cobre en el mundo, busca facilitar el acceso para los inversores estadounidenses a través de este avance en el mercado.
OTC Markets Group (OTCQX: OTCM)은 Sprott Physical Copper Trust (TSX: COP.UN; OTCQX: SPHCF)가 OTCQB 벤처 마켓에서 OTCQX 베스트 마켓으로 승격되어 2025년 4월 16일부터 'SPHCF' 심볼로 거래를 시작한다고 발표했습니다.
이번 승격은 중요한 이정표로, OTCQX는 기업들이 엄격한 재무 기준을 충족하고, 최선의 기업 지배구조 관행을 따르며, 증권법 준수를 입증할 것을 요구합니다. 세계에서 유일한 물리적 구리 펀드로 인정받는 이 트러스트는 이번 시장 승격을 통해 미국 투자자들의 접근성을 높이는 것을 목표로 합니다.
OTC Markets Group (OTCQX : OTCM) a annoncé que le Sprott Physical Copper Trust (TSX : COP.UN ; OTCQX : SPHCF) a été promu du marché OTCQB Venture au OTCQX Best Market, débutant les échanges sous le symbole 'SPHCF' à partir du 16 avril 2025.
Cette promotion représente une étape importante, car OTCQX exige des entreprises qu'elles respectent des normes financières strictes, adoptent les meilleures pratiques de gouvernance d'entreprise et démontrent leur conformité aux lois sur les valeurs mobilières. Ce fonds, reconnu comme le seul fonds physique de cuivre au monde, vise à améliorer l'accessibilité pour les investisseurs américains grâce à cette avancée sur le marché.
OTC Markets Group (OTCQX: OTCM) gab bekannt, dass der Sprott Physical Copper Trust (TSX: COP.UN; OTCQX: SPHCF) vom OTCQB Venture Market zum OTCQX Best Market aufgestiegen ist und ab dem 16. April 2025 unter dem Symbol 'SPHCF' gehandelt wird.
Dieser Aufstieg stellt einen bedeutenden Meilenstein dar, da OTCQX von Unternehmen verlangt, strenge finanzielle Standards einzuhalten, bewährte Corporate-Governance-Praktiken anzuwenden und die Einhaltung von Wertpapiergesetzen nachzuweisen. Der Trust, der als weltweit einziger physischer Kupferfonds anerkannt ist, möchte durch diesen Marktschritt die Zugänglichkeit für US-Investoren verbessern.
- Upgrade to OTCQX Best Market enhances visibility and credibility with U.S. investors
- Company meets high financial and governance standards required for OTCQX listing
- Unique market position as world's only physical copper fund
- None.
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Sprott Physical Copper Trust (TSX: COP.UN; OTCQX: SPHCF), has qualified to trade on the OTCQX® Best Market. Sprott Physical Copper Trust upgraded to OTCQX from the OTCQB® Venture Market.
Sprott Physical Copper Trust begins trading today on OTCQX under the symbol “SPHCF.” 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.
“We are very pleased that the Sprott Physical Copper Trust has begun trading on OTCQX,” said John Ciampaglia, CEO of Sprott Asset Management. “We look forward to providing US investors with greater access to the world’s only physical copper fund.”
About Sprott Physical Copper Trust
Sprott Physical Copper Trust seeks to provide a secure, convenient and exchange-traded alternative for investors interested in holding physical copper without the inconvenience typical of a direct investment in copper metal.
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.
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OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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