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Cerro de Pasco Resources Announces Upgrade to OTCQX Best Market

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(Moderate)
Rhea-AI Sentiment
(Very Positive)
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Cerro de Pasco Resources (OTCQX: CDPMF / TSXV: CDPR) qualified to upgrade from the OTCQB Venture Market to the OTCQX Best Market and commenced trading on OTCQX on April 29, 2026. The company expects increased visibility to U.S. investors while maintaining listings on TSXV, Lima, and Frankfurt.

To qualify for OTCQX, the company met higher financial reporting, governance and compliance standards required for that market.

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AI-generated analysis. Not financial advice.

Positive

  • Commenced trading on OTCQX on April 29, 2026
  • Expected greater visibility among U.S. investors
  • Maintains multi‑exchange exposure: TSXV, Lima, Frankfurt
  • Company met OTCQX qualification standards for reporting and governance

Negative

  • OTCQX qualification entails ongoing higher reporting and governance requirements
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MONTRÉAL, April 29, 2026 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCQX: CDPMF) (the “Company” or “CDPR”) is pleased to announce that it has qualified to upgrade from the OTCQB® Venture Market to the OTCQX® Best Market (the "OTCQX Market" or "OTCQX"). The Company will commence trading today on OTCQX under the symbol " CDPMF ".

“Graduating to the OTCQX Best Market enhances our visibility among U.S. investors and broadens our access to institutional capital” said Guy Goulet, CEO of Cerro de Pasco Resources. “This step is consistent with our strategy to strengthen our presence in the global capital markets as we advance the development of our flagship asset in Peru.”

OTCQX, the highest-level market of the OTC Markets in the United States, is designed for established, investor-focused U.S. and international companies. Trading on OTCQX is expected to enhance a company’s visibility and accessibility among U.S. investors. To qualify for OTCQX, companies must meet high financial reporting standards, follow best practices with respect to corporate governance, and demonstrate compliance with applicable securities laws.

Along with trading on the OTCQX, common shares of Cerro de Pasco Resources will continue to trade on the TSX Venture Exchange in Canada under the symbol “CDPR”, on the Lima Stock Exchange under the symbol “CDPR” and on the Frankfurt Stock Exchange under its symbol “N8HP”, providing additional global exposure.

About Cerro de Pasco Resources

Cerro de Pasco Resources Inc. is focused on the development of its principal 100%-owned asset, the El Metalurgista mining concession, which includes the Quiulacocha tailings in central Peru. The Company’s approach integrates metals recovery with environmental remediation, targeting the reprocessing of one of the world largest mineral assets.

For more information, please visit www.pascoresources.com.

For further Information

Guy Goulet, CEO
Telephone: +1 579 476 7000
Mobile: +1 514 294 7000

Donna Yoshimatsu, Senior Strategic Advisor / Investor Relations
Mobile: +1 416-722-2456
dyoshi@pascoresources.com

Forward Looking Statements

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “expected” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements, including statements regarding the anticipated benefits of the Company’s upgrade to the OTCQX Best Market, the Company’s access to institutional capital, and the Company’s objectives, goals or future plans, , are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

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


FAQ

What does Cerro de Pasco Resources' April 29, 2026 OTCQX upgrade mean for CDPMF shareholders?

It means CDPMF now trades on the OTCQX Best Market, increasing U.S. investor access. According to the company, the upgrade is intended to enhance visibility and broaden access to institutional capital while continuing trading on TSXV, Lima and Frankfurt for global exposure.

Why did Cerro de Pasco Resources move from OTCQB to OTCQX on April 29, 2026 (CDPMF)?

The move reflects meeting OTCQX qualification standards for established, investor‑focused companies. According to the company, this upgrade follows compliance with higher financial reporting, governance and securities‑law requirements required by the OTCQX market.

Will Cerro de Pasco Resources keep its TSXV listing after the OTCQX upgrade (CDPR)?

Yes, common shares will continue to trade on the TSX Venture Exchange under CDPR. According to the company, trading on OTCQX is additional and does not replace the existing TSXV, Lima or Frankfurt listings.

How might the OTCQX listing affect Cerro de Pasco Resources' access to capital (CDPMF)?

The company expects broader access to U.S. institutional capital and investor visibility. According to the company, OTCQX is designed to increase accessibility and visibility among U.S. investors, potentially supporting capital‑raising opportunities.

What requirements did Cerro de Pasco Resources meet to qualify for OTCQX on April 29, 2026?

The company met higher financial reporting, governance and compliance standards required for OTCQX qualification. According to the company, those standards include rigorous reporting, best practices in corporate governance, and applicable securities‑law compliance.