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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.
Sernova Corp. (OTCQB:SEOVF) announced that Dr. Philip Toleikis, President and CEO, will present at LifeSciencesInvestorForum.com on March 25 at 10:30am ET. This live event encourages real-time investor interaction, and an archived webcast will be available afterwards. Sernova, recognized for its innovative regenerative medicine platform, recently completed a $23M funding round, enhancing its cash position. The company aims to improve treatments for chronic metabolic diseases using its proprietary technologies.
Avicanna Inc. (OTCQX: AVCNF) announced a live presentation scheduled for March 25, 2021, at LifeSciencesInvestorForum.com, led by CEO Aras Azadian. The event, starting at 2 PM ET, invites both individual and institutional investors to engage in real-time Q&A with the company. For those unable to attend live, an archived version will be available post-event. Avicanna focuses on developing, manufacturing, and commercializing cannabinoid-based products and recently highlighted several strategic partnerships and product launches.
VolitionRx Limited (NYSE AMERICAN: VNRX) will present live at LifeSciencesInvestorForum.com on March 25, 2021, at 11:00 AM ET. The company's EVP of Investor Relations, Scott Powell, will lead the interactive event, allowing investors to ask questions in real-time. VolitionRx specializes in developing cost-effective blood tests for diagnosing various cancers and diseases in humans and animals. Interested participants are encouraged to pre-register for the event.
MagicMed Industries is set to present its business and pipeline updates at the Life Sciences Investor Forum on March 25, 2021, at 10:00 AM EST. The event encourages real-time interaction, allowing participants to ask questions. For those unable to attend live, an archived webcast will be available post-event. MagicMed is focused on developing psychedelic derivative molecules, particularly from its Psybrary library, which includes psilocybin and DMT derivatives. Investors are urged to pre-register for updates.
Else Nutrition Holdings Inc. invites investors to a live presentation at the Life Sciences Investor Forum on March 25, 2021, at 12:00 PM ET. CEO Hamutal Yitzhak will address attendees and answer questions in real-time. The event can be accessed via this link. The company has recently signed agreements for widespread distribution of its plant-based toddler nutrition products, including partnerships with UNFI and iHerb. With its products available in over 30,000 retail outlets and 180 countries, Else Nutrition is expanding its market reach significantly.
EarthRenew Inc. (CSE: ERTH; OTCQB: VVIVF) announced its CEO, Keith Driver, will present at LifeSciencesInvestorForum.com on March 25, 2021, at 1:30 EST. This interactive online event allows investors to ask questions in real-time. Key topics include the company’s recent Letter to Shareholders, plans to acquire Replenish Nutrients Ltd., and a new facility in Eaton, Colorado, aimed at accessing the organic market. The Strathmore plant generated an estimated $377,667 in revenue from electricity sales in 2020. An archived webcast will be available post-event.
Life Sciences Investor Forum has announced its agenda for the upcoming quarterly virtual event on March 25, 2021. The event will showcase live presentations and discussions in the life sciences sector, starting at 10:00 AM ET. Attendees will include individual and institutional investors, advisors, and analysts. Notable presenting companies include Sernova Corp. (OTCQB: SEOVF), VolitionRx Limited (NYSE AMERICAN: VNRX), and others. Admission is free, and participants are encouraged to pre-register for the event.
OTC Markets Group reported a strong financial performance for Q4 and full year 2020, despite the COVID-19 pandemic. Gross revenues for the year reached $71.2 million, up 13% year-over-year, with operating income at $21.4 million (+20%) and net income of $18.3 million (+22%). In Q4 alone, revenues grew 23% to $19.8 million, with net income increasing 50% to $5.7 million. A dividend of $0.15 per share was announced for Q1 2021, alongside a refreshed stock buyback program allowing the purchase of up to 300,000 shares.
OTC Markets Group Inc. announced that HPQ-Silicon Resources Inc. has qualified to trade on the OTCQX Best Market, upgrading from the Pink market. Starting March 16, 2021, HPQ-Silicon will trade under the symbol HPQFF. This upgrade aims to provide better transparency and trading access for U.S. investors, aligning with high financial standards and corporate governance practices. CEO Bernard Tourillon expressed optimism about improved investor access as the company advances in developing innovative silicon solutions for renewable energy.
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.
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