Gold Terra Upgraded to the OTCQX Market

Rhea-AI Summary

Gold Terra Resource Corp. (OTCQX: TRXXF) has upgraded to the OTCQX Best Market from the OTCQB Venture Market, effective September 1, 2020. This milestone reflects the company's focus on expanding its investor base in the U.S. and enhancing visibility following recent exploration successes at its Yellowknife City Gold project. The YCG project covers 790 sq. km in the Northwest Territories, near vital infrastructure, and is positioned within a high-grade gold mining district. Investors can access financial disclosures and real-time quotes on OTC Markets.

Positive

• Upgraded to OTCQX Best Market, enhancing visibility among U.S. investors.
• Recent exploration success at Yellowknife City Gold project, indicating potential for significant gold resources.
• Strategically located near key infrastructure, facilitating operational efficiency.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / September 1, 2020 / Gold Terra Resource Corp. (TSXV:YGT)(FRA:TX0)(OTCQX:TRXXF) ("Gold Terra" or the "Company) is pleased to announce that it has qualified to trade on the OTCQX Best Market. Gold Terra upgraded to OTCQX from the OTCQB Venture Market.

Gold Terra begins trading today on OTCQX under the same symbol "TRXXF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"With the resurgence of the gold market and the Company's recent exploration success on its YCG project, we are delighted to be trading on the OTCQX," said David Suda, President and CEO of the Company. "Trading on OTCQX is a reflection of our increased focus on growing our investor base in the U.S. as we continue to build awareness and unlock the potential of our gold project in Yellowknife."

About OTCQX

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.

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.

About Gold Terra's Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 790 sq. km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra controls one of the six major high-grade gold camps in Canada. Being within 10 kilometres of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering nearly 70 kilometres of strike length along the main mineralized shear system that host the former-producing high-grade Con and Giant gold mines. The Company's exploration programs have successfully identified significant zones of gold mineralization and multiple targets that remain to be tested which reinforces the Company's objective of re-establishing Yellowknife as one of the premier gold mining districts in Canada.

Visit our website at www.goldterracorp.com.

For more information, please contact:
David Suda, President and CEO
Phone: 604-928-3101 | Toll-Free: 1-855-737-2684
dsuda@goldterracorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Gold Terra Resource Corp

View source version on accesswire.com:
https://www.accesswire.com/604164/Gold-Terra-Upgraded-to-the-OTCQX-Market

FAQ

What does the OTCQX upgrade mean for Gold Terra Resource Corp. (TRXXF)?

The upgrade to the OTCQX Best Market enhances visibility and credibility, helping attract U.S. investors.

What is the Yellowknife City Gold project by Gold Terra Resource Corp.?

The Yellowknife City Gold project is a 790 sq. km area in the Northwest Territories, known for its high-grade gold potential and proximity to infrastructure.

How can I find financial information for Gold Terra Resource Corp. (TRXXF)?

Financial disclosures and real-time quotes can be found on the OTC Markets website.

When did Gold Terra Resource Corp. upgrade to the OTCQX market?

Gold Terra upgraded to the OTCQX Best Market on September 1, 2020.