OTC Markets Group Welcomes Nevada Canyon Gold Corp to OTCQX

Rhea-AI Summary

Nevada Canyon Gold Corp (OTCQX: NGLD) has upgraded from the Pink® market to the OTCQX® Best Market, as announced by OTC Markets Group. The company, which operates in the natural resources sector, began trading under the symbol 'NGLD' on December 16, 2024. The upgrade to OTCQX requires companies to meet high financial standards, follow best practice corporate governance, and comply with securities laws.

The OTCQX Market provides a premium U.S. public trading platform for investor-focused companies, offering enhanced visibility and research capabilities for U.S. investors. Company President and CEO Alan Day emphasized their commitment to financial transparency and liquidity for shareholders through this market upgrade.

Positive

• Upgrade from Pink to OTCQX market indicates higher financial and governance standards
• Enhanced visibility and accessibility to U.S. investors
• Improved trading platform with Real-Time Level 2 quotes availability

Negative

• None.

NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Nevada Canyon Gold Corp (OTCQX: NGLD), a uniquely structured natural resource company, has qualified to trade on the OTCQX® Best Market. Nevada Canyon Gold Corp upgraded to OTCQX from the Pink® market.

Nevada Canyon Gold Corp begins trading today on OTCQX under the symbol “NGLD.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

“Upgrading to the OTCQX market from the Pink market demonstrates our commitment to providing financial transparency and liquidity to our current and prospective new shareholders,” said Nevada Canyon President and CEO, Alan Day, " We are confident in the long-term value creation opportunities of our business as we look forward to update the market on our development and growth in the coming quarters.”

About Nevada Canyon Gold Corp
Nevada Canyon Gold Corp. is a US-based natural resource company headquartered in Reno, Nevada. The Company has a large, strategic land position and royalties in multiple projects, within some of Nevada’s highest-grade historical mining districts, offering year-round access and good infrastructure in proven and active mining districts. The Company has a three-fold business model; i) mineral royalty creation and acquisition; ii) precious-metals and exploration streaming; and iii) exploration project accelerator.

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 three public markets: OTCQX^® Best Market, OTCQB^® Venture Market and Pink^® Open 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 and OTC Link NQB are each an 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.

Subscribe to the OTC Markets RSS Feed

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

FAQ

When did Nevada Canyon Gold Corp (NGLD) begin trading on OTCQX?

Nevada Canyon Gold Corp began trading on the OTCQX Best Market on December 16, 2024.

What are the requirements for Nevada Canyon Gold Corp to maintain OTCQX listing?

To maintain OTCQX listing, the company must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

What benefits does the OTCQX upgrade provide to Nevada Canyon Gold Corp investors?

The upgrade provides investors with enhanced financial transparency, improved liquidity, access to Real-Time Level 2 quotes, and better visibility among U.S. investors.

What was Nevada Canyon Gold Corp's previous trading market before OTCQX?

Nevada Canyon Gold Corp previously traded on the Pink® market before upgrading to OTCQX.