STOCK TITAN

OTC Markets Group Welcomes Steppe Gold Limited to OTCQX

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

On March 11, 2021, Steppe Gold Limited announced its qualification to trade on the OTCQX® Best Market, upgrading from the Pink® market. This transition allows U.S. investors to access Steppe's financial disclosures more transparently. The upgrade signifies adherence to high financial standards and corporate governance, marking a milestone for the company as an emerging gold and silver producer in Mongolia. The company's stock will trade under the symbol STPGF.

Positive
  • Steppe Gold Limited upgraded to OTCQX from Pink market, enhancing visibility for U.S. investors.
  • Compliance with high financial standards and best practice corporate governance set by OTCQX.
Negative
  • None.

NEW YORK, March 11, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Steppe Gold Limited (TSX: STGO; OTCQX: STPGF), a gold and silver producer, has qualified to trade on the OTCQX® Best Market. Steppe Gold Limited upgraded to OTCQX from the Pink® market.

Steppe Gold Limited begins trading today on OTCQX under the symbol "STPGF." 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.

"The Steppe Gold team is proud to have qualified to trade on the top level of the OTC market, the OTCQX Best Market, by meeting its rigorous financial and governance requirements," said Matthew Wood, Chair of Steppe Gold. "This is a key milestone for us and allows prospective US investors to easily access Steppe's offerings, as an emerging gold and silver explorer and producer in Mongolia".

Securities Law USA, PC acted as the company's OTCQX sponsor.

About Steppe Gold Limited
Steppe Gold owns gold and silver exploration, development and production assets in Mongolia.

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.

Subscribe to the OTC Markets RSS Feed

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:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-steppe-gold-limited-to-otcqx-301245134.html

SOURCE OTC Markets Group Inc.

FAQ

What does the upgrade to OTCQX mean for Steppe Gold Limited (STPGF)?

The upgrade to OTCQX signifies enhanced transparency and access for U.S. investors, allowing Steppe Gold to trade under stricter financial and governance standards.

When did Steppe Gold Limited begin trading on the OTCQX market?

Steppe Gold Limited began trading on the OTCQX market on March 11, 2021.

What is the stock symbol for Steppe Gold Limited on the OTCQX market?

Steppe Gold Limited trades under the symbol STPGF on the OTCQX market.

How does trading on OTCQX benefit U.S. investors?

Trading on OTCQX benefits U.S. investors by providing access to better financial information and disclosures about the company.

OTC MARKETS GROUP INC A

OTC:OTCM

OTCM Rankings

OTCM Latest News

OTCM Stock Data

634.62M
11.85M
9.21%
Financial Data & Stock Exchanges
Financial Services
Link
United States of America
New York