OTC Markets Group Welcomes Torex Gold Resources Inc. to OTCQX

Rhea-AI Summary

OTC Markets Group announced that Torex Gold Resources Inc., a Canadian intermediate gold producer, has qualified to trade on the OTCQX Best Market, upgrading from the Pink market. The company begins trading under the symbol 'TORXF'. This upgrade provides U.S. investors with access to real-time quotes and financial disclosures through www.otcmarkets.com. The OTCQX Market requires companies to meet high financial standards, follow best practice corporate governance, and comply with securities laws. For international exchange-listed companies, streamlined standards allow them to use their home market reporting for U.S. information disclosure.

Positive

• Upgrade to OTCQX Best Market from Pink market indicates higher trading standards and transparency
• Enhanced visibility and accessibility for U.S. investors through real-time quotes and financial disclosures
• Streamlined reporting process by utilizing home market reporting standards

Negative

• None.

NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Torex Gold Resources Inc. (TSX: TXG; OTCQX: TORXF), an intermediate gold producer based in Canada, has qualified to trade on the OTCQX® Best Market. Torex Gold Resources Inc. upgraded to OTCQX from the Pink® market.

Torex Gold Resources Inc. begins trading today on OTCQX under the symbol “TORXF.” 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.

About Torex Gold Resources Inc.
Torex Gold Resources Inc. is an intermediate gold producer based in Canada, engaged in the exploration, development, and operation of its 100% owned Morelos Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometres southwest of Mexico City.

The Company’s principal asset is the Morelos Complex, which includes the producing Media Luna Underground, ELG Underground, and ELG Open Pit mines, the development stage EPO Underground Project, a processing plant, and related infrastructure. Commercial production from the Morelos Complex commenced on April 1, 2016 and an updated Technical Report for the Morelos Complex was released in March 2022.

Torex’s key strategic objectives are: deliver Media Luna to full production and build EPO; optimize Morelos production and costs; grow reserves and resources; disciplined growth and capital allocation; retain and attract best industry talent; and industry leader in responsible mining. In addition to realizing the full potential of the Morelos Property, the Company is seeking opportunities to acquire assets that enable diversification and deliver value to shareholders.

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.

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

FAQ

What does Torex Gold's upgrade to OTCQX mean for investors?

The upgrade provides U.S. investors with better access to real-time quotes, financial disclosures, and trading transparency through www.otcmarkets.com

What is the new trading symbol for Torex Gold on OTCQX?

Torex Gold trades on OTCQX under the symbol 'TORXF'

What requirements did Torex Gold meet to qualify for OTCQX?

Torex Gold met high financial standards, followed best practice corporate governance, and demonstrated compliance with applicable securities laws

How does OTCQX listing benefit international companies like Torex Gold?

International companies can utilize their home market reporting standards to make information available in the U.S., streamlining the disclosure process

What markets does Torex Gold now trade on?

Torex Gold trades on both the Toronto Stock Exchange (TSX: TXG) and OTCQX Market (OTCQX: TORXF)