OTC Markets Group Welcomes Meren Energy Inc. to OTCQX

Rhea-AI Summary

OTC Markets Group (OTCQX: OTCM) announced that Meren Energy (MRNFF) qualified to trade on the OTCQX Best Market effective November 3, 2025.

Meren upgraded from the Pink Limited Market and begins trading on OTCQX under the symbol MRNFF. U.S. investors can access the company’s current financial disclosure and Real-Time Level 2 quotes on otcmarkets.com. The OTCQX qualification requires meeting higher financial standards, corporate governance practices, and securities compliance, and allows companies listed on a qualified international exchange to use home-market reporting to make information available in the U.S.

Positive

• Trading on OTCQX begins on Nov 3, 2025 under symbol MRNFF
• Provides Real-Time Level 2 quotes for U.S. investors
• Upgrade allows use of home-market reporting for U.S. disclosure
• Signals compliance with OTCQX financial and governance standards

Negative

• None.

News Market Reaction

+2.22%

1 alert

+2.22% News Effect

On the day this news was published, OTCM gained 2.22%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Meren Energy Inc. (Nasdaq Stockholm: MER; TSX: MER; OTCQX: MRNFF), a full-cycle Independent upstream oil and gas company, has qualified to trade on the OTCQX® Best Market. Meren Energy Inc. upgraded to OTCQX from the Pink Limited™ Market.

Meren Energy Inc. begins trading today on OTCQX under the symbol “MRNFF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Meren Head of Investor Relations and Communications, Shahin Amini commented: “Our upgrade to the OTCQX Best Market is an important step forward for Meren. It reflects our ongoing commitment to transparency, sound governance, and active engagement with the investment community. We’re pleased to provide our shareholders - and U.S. investors in particular - with improved access to trade and follow our Company.”

About Meren Energy Inc.
Meren is a full-cycle Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea. Its main assets are producing and development assets in deepwater Nigeria operated by Majors. The Company holds a leading position in the Orange Basin including its effective interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) 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.

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

FAQ

When did Meren Energy begin trading on OTCQX under MRNFF?

Meren Energy began trading on OTCQX as MRNFF on November 3, 2025.

What does Meren Energy’s OTCQX upgrade mean for U.S. investors?

U.S. investors gain improved trading access and Real-Time Level 2 quotes on otcmarkets.com.

Why did Meren Energy move from the Pink Limited Market to OTCQX?

The company upgraded to meet higher financial, governance, and compliance standards required by OTCQX.

Where can I find Meren Energy’s financial disclosure after the OTCQX listing?

Current financial disclosure is available on www.otcmarkets.com under the MRNFF profile.

Does Meren Energy keep its international listings after the OTCQX upgrade?

Yes; companies listed on qualified international exchanges can use home-market reporting to provide information in the U.S.

What standards must a company meet to qualify for OTCQX?

To qualify, a company must meet high financial standards, best-practice governance, and securities compliance.