Kodiak Upgraded to Trade on OTCQX

Rhea-AI Summary

Kodiak Copper (OTCQX: KDKCF) qualified for and began trading on the OTCQX Best Market on December 4, 2025, upgrading from the OTCQB Venture Market.

The company's shares will continue to trade under the symbol KDKCF. Management said the upgrade reflects governance and business strength and will enhance visibility, accessibility and transparency with U.S. investors. The OTCQX designation requires meeting higher financial standards, corporate governance practices, and compliance with applicable securities laws.

Positive

• Upgraded to OTCQX on December 4, 2025
• Shares continue under symbol KDKCF
• Improved visibility with U.S. investors and greater accessibility

Negative

• None.

News Market Reaction

-6.53%

1 alert

-6.53% News Effect

On the day this news was published, KDKCF declined 6.53%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Reality Check

Price: $0.8695 Vol: Volume 29,759 is slightly...

normal vol

$0.8695 Last Close

Volume Volume 29,759 is slightly below the 20-day average of 34,437, suggesting no unusual trading activity pre‑announcement. normal

Technical Price 0.53881 is trading above the 200-day MA of 0.43, indicating a pre‑news recovery phase.

Peers on Argus

Peers in Other Precious Metals & Mining showed mixed moves: MMNGF up 7.57%, DRYG...

Peers in Other Precious Metals & Mining showed mixed moves: MMNGF up 7.57%, DRYGF up 2.51%, while CTMCF, SSVRF, and DNRSF were modestly negative. This pattern points to stock‑specific rather than sector‑wide drivers for KDKCF.

Historical Context

5 past events · Latest: Dec 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 09	Mineral resource update	Positive	-1.2%	Initial mineral resource estimate for MPD copper‑gold project across seven deposits.
Dec 04	Listing upgrade	Positive	-6.5%	Upgrade from OTCQB to OTCQX Best Market to enhance U.S. investor access.
Nov 18	Marketing engagement	Positive	-2.4%	Engaged Capital Analytica for six‑month marketing and investor outreach campaign.
Oct 28	Metallurgical program	Positive	+2.4%	Initiated expanded metallurgical testwork using composites from six MPD deposits.
Oct 20	Project expansion	Positive	+9.3%	Acquired adjacent claims, expanding MPD to 357 km2 plus new soil program.

Pattern Detected

Recent news has generally been constructive, but the stock often reacted negatively or muted to positive operational milestones and corporate updates.

Recent Company History

Over the last few months, Kodiak reported several advances at the MPD copper‑gold project and corporate initiatives. An acquisition expanding MPD to 357 km2 coincided with a strong positive move, while metallurgical testwork and the initial Mineral Resource Estimate around Q4 2025 saw modest or negative reactions. Marketing and the OTCQX upgrade also drew negative near‑term price responses, suggesting investors reacted cautiously to otherwise positive developments.

Market Pulse Summary

The stock moved -6.5% in the session following this news. A negative reaction despite the OTCQX upgr...

Analysis

The stock moved -6.5% in the session following this news. A negative reaction despite the OTCQX upgrade would fit prior instances where constructive news, such as the Dec 09, 2025 mineral resource estimate, coincided with weak price follow‑through. Selling pressure could reflect investors using news as a liquidity event rather than reassessing fundamentals. Past patterns suggest that even positive corporate or project milestones have not always translated into immediate price strength.

Key Terms

otcqx, otcqb, best market, venture market, +1 more

5 terms

otcqx financial

"qualified and will begin to trade on the OTCQX® Best Market today"

OTCQX is the highest tier of the over‑the‑counter (OTC) marketplaces where shares of companies that aren’t listed on major stock exchanges trade. Think of it as a “premium shelf” for OTC stocks: companies must meet stricter financial and disclosure standards, which can mean clearer information, potentially better investor confidence and somewhat easier trading than lower OTC tiers. Investors watch OTCQX listings as a signal of relative transparency and credibility among OTC-traded firms.

otcqb financial

"upgrading from the OTCQB® Venture Market"

OTCQB is a tier of the over‑the‑counter (OTC) market where smaller or developing companies list their shares for trading without being on a major stock exchange. Think of it like a well‑kept side street market: companies must meet basic reporting and transparency checks so investors get more information than the lowest OTC tier, but trading is usually less liquid and riskier than on big exchanges. Investors care because OTCQB listings can offer early access to growth stories but come with higher price swings and greater chance of limited resale options.

best market financial

"trade on the OTCQX® Best Market today"

The best market is the trading venue or price currently offering the most favorable deal for buying or selling a stock—think of it as the shop with the lowest sticker price for the same item. For investors this matters because executing trades at the best market maximizes the money received when selling or minimizes cost when buying, improving returns and reducing the risk that an order fills at a worse price than necessary.

venture market financial

"upgrading from the OTCQB® Venture Market"

A venture market is a trading segment—often a separate board or category on an exchange—where shares of early-stage, high-growth companies are bought and sold. Think of it as a flea market for startups that have gone public: prices swing widely and information is often limited. It matters to investors because it offers the chance for large gains if a young company succeeds, but also greater risk, less liquidity, and more uncertainty than established stocks.

securities laws regulatory

"demonstrate compliance with applicable securities laws"

Securities laws are the rules and enforcement systems that govern the buying, selling and disclosure of stocks, bonds and other investment products; think of them as the traffic laws for financial markets that set what must be disclosed, forbid fraud and require fair dealing. They matter to investors because they help ensure companies provide accurate information, reduce the risk of deception or insider advantage, and make it easier to compare investments and seek remedies if something goes wrong.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") reports that the Company has qualified and will begin to trade on the OTCQX® Best Market today, upgrading from the OTCQB® Venture Market. Kodiak's shares will continue to trade under the symbol KDKCF.

Claudia Tornquist, President and CEO of Kodiak said, "Graduating to the OTCQX Best Market reflects the strength of our business, the quality of our governance, and our commitment to building long-term value for shareholders as we continue to advance our copper-gold projects. Trading on the OTCQX enhances our visibility with U.S. investors and provides improved accessibility and transparency. We are pleased to reach this higher tier and look forward to the opportunities it will help unlock for Kodiak."

The OTCQX is designed for established, investor-focused United States and international companies. To qualify for the OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

About Kodiak Copper

Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA that have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits. Kodiak Copper's most advanced asset is the 100% owned MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, a mining district with producing mines and excellent infrastructure. MPD exhibits all the hallmarks of a major, multi-centered porphyry district with the potential to become a top-tier mine. To date, drilling has outlined seven substantial mineralized zones across the property, and Kodiak is delivering an Initial Resource estimate for MPD in 2025. The Initial Resource estimate for the first four mineralized zones announced in June 2025, has already highlighted the project's scale and potential. Drill results on the remaining three zones from Kodiak's 2025 exploration program will be incorporated into the full Initial Resource estimate, expected by year end. With known mineralized zones open to expansion and multiple untested targets, Kodiak continues to systematically explore the district-scale potential of MPD to build critical mass and make the next discovery.

Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.

About OTC Markets Group Inc.

OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

On behalf of the Board of Directors

Kodiak Copper Corp.

Claudia Tornquist
President & CEO

For further information contact:
Nancy Curry, VP Corporate Development
ncurry@kodiakcoppercorp.com
+1 (604) 646-8362

Neither 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.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.

Management has provided the above summary of risks and assumptions related to forward-looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276802

FAQ

When did Kodiak Copper begin trading on OTCQX under the symbol KDKCF?

Kodiak began trading on the OTCQX Best Market on December 4, 2025 and continues to use the symbol KDKCF.

What does the OTCQX upgrade mean for Kodiak Copper (KDKCF) shareholders?

The upgrade signals higher disclosure and governance standards and is intended to increase visibility and accessibility for U.S. investors.

Did Kodiak Copper change its trading symbol when moving to OTCQX?

No, Kodiak's shares will continue to trade under the symbol KDKCF.

Why did Kodiak Copper qualify for OTCQX instead of staying on OTCQB?

Companies qualify for OTCQX by meeting higher financial and governance standards and demonstrating compliance with applicable securities laws.

Will the OTCQX listing affect Kodiak Copper's Canadian TSXV listing (KDK)?

Kodiak continues to be listed on the TSXV under KDK; the OTCQX upgrade provides a U.S. trading tier for the same shares.

How might the OTCQX upgrade affect KDKCF trading liquidity?

Management expects the OTCQX tier to enhance visibility and accessibility, which can support improved U.S. investor interest and potential liquidity.