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OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Their data-driven disclosure standards form the foundation of their three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market. Through their OTC Link® Alternative Trading Systems (ATSs), the company provides critical market infrastructure relied upon by broker-dealers to facilitate trading. This innovative model offers companies more efficient access to the U.S. financial markets.
OTC Markets Group is committed to enhancing market transparency, boosting investor confidence, and improving the efficiency of trading processes. Their recent financial results for Q1 2024 reflect a strong focus on enhancing trading functionality, investor information, and market integrity. The company continues to invest in its people, platforms, and processes to build a more resilient and scalable organization, aligning operating costs with revenue generation to deliver value to shareholders.
Recent achievements include the successful sponsorship of companies like Horizon Copper and Roth CH Acquisition Co., which have commenced trading on the OTCQX Market. These companies benefit from streamlined market standards that allow them to utilize their home market reporting to make their information available to U.S. investors. OTC Markets Group also supports companies, such as Marpai, Inc. and American Oncology Network, Inc., transitioning from Nasdaq to OTCQX, ensuring continued visibility and compliance with high financial standards.
With a focus on creating better informed and more efficient markets, OTC Markets Group continues to evolve and expand its services, building on a foundation of transparency and regulatory compliance. For more information, visit www.otcmarkets.com.
On January 25, 2022, Callinex Mines Inc. upgraded to the OTCQX Best Market from the Pink market, enhancing accessibility for U.S. investors under the symbol CLLXF. This transition signifies adherence to high financial standards and corporate governance. The company aims to expand its high-grade mineral deposits, particularly the Rainbow deposit located near vital infrastructure in Manitoba. A 2018 Preliminary Economic Assessment highlighted a pre-tax IRR of 34.1% and NPV of $230 million for its Bathurst projects.
OTC Markets Group Inc. (OTCM) announced the 2022 OTCQX Best 50, recognizing the top-performing companies on the OTCQX market based on total return and daily dollar volume growth from 2021. The ranked companies collectively achieved an average daily trading volume of $594 million, a significant increase from $123 million in 2020, with a median total return of 81%. Leading the list is Nanalysis Scientific Corp. (OTCQX: NSCIF). Canadian firms dominated this year’s ranking, highlighting OTCQX's role as a global investment gateway.
OTC Markets Group Inc. (OTCM) announced that Mystic Holdings Inc. (MSTH) has successfully upgraded to the OTCQX® Best Market from the Pink® market. This upgrade, effective today, allows Mystic Holdings to enhance its visibility among U.S. investors and adhere to higher financial standards and corporate governance. Mystic Holdings operates a fully integrated cannabis business in Nevada, including cultivation and retail through its subsidiaries Qualcan and Jade Cannabis Co. President Michael Cristalli emphasized that this milestone will drive liquidity and increase shareholder value.
On January 19, 2022, OTC Markets Group Inc. announced that PetroTal Corp. has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. PetroTal began trading under the symbol “PTALF.” This upgrade enhances transparent trading for U.S. investors and enables PetroTal to utilize its home market reporting. The company focuses on oil production in Peru, with significant experience in the sector, and started production at its Bretana oil field in 2018. This upgrade is seen as a crucial step for expanding investor access.
OTC Markets Group (OTCM) announced that Silver Dollar Resources Inc. has successfully transitioned to the OTCQX Best Market from the OTCQB Venture Market. Trading under the symbol SLVDF, this upgrade is expected to boost liquidity and attract a larger U.S. investor audience. Silver Dollar is fully funded for 2022 exploration, with approximately $9 million available, and is currently drilling at the La Joya Silver Project in Durango, Mexico. The company aims to enhance market visibility and investor experience.
On January 18, 2022, Quisitive Technology Solutions Inc. (OTCQX: QUISF) commenced trading on the OTCQX Best Market. This upgrade to the highest tier of OTC Markets signifies a major milestone for the company, enhancing its visibility and access to U.S. capital markets. Quisitive, a global Microsoft partner, aims to leverage this status to increase shareholder value and support its growth in Payments and Cloud Solutions. The company adheres to high financial standards and corporate governance to maintain its OTCQX listing.
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.
AVZ Minerals Limited has successfully qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market as of January 13, 2022. Trading under the symbol “AZZVF,” this move aims to enhance visibility and accessibility for U.S. investors. AVZ Minerals, focused on the Manono Lithium and Tin Project, which is among the world's largest lithium-rich deposits, seeks to grow its North American shareholder base due to increasing interest in the global lithium sector. The company's admission to OTCQX reflects its high financial standards and compliance with securities laws.
Randall & Quilter Investment Holdings Ltd. (OTCQX: RQIHF), a global specialty insurance company, has qualified to trade on the OTCQX Best Market as of January 11, 2022. This upgrade enhances their visibility for U.S. investors while complying with high financial standards and governance practices. The company’s two main sectors—Program Management and Legacy Insurance—are poised for growth in niche markets. William Spiegel, Executive Chairman of R&Q, expressed optimism about this move, indicating it broadens investor access beyond their AIM listing.
OTC Markets Group Inc. has announced that Tofutti Brands Inc., known for its vegan cheese and frozen desserts, has successfully upgraded to the OTCQX Best Market from the OTCQB Venture Market. Trading under the symbol TOFB, this upgrade signifies Tofutti's compliance with higher financial standards and corporate governance practices, enhancing its visibility among U.S. investors. CEO Steven Kass expressed optimism that this step will attract a broader investor base and increase the company's market presence.
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