OTC Markets Group - OTCM STOCK NEWS

OTC Markets Group Inc. (OTCM) announced that Aquafil S.P.A. (OTCQX: ECNLF), a leader in the circular economy, has begun trading on the OTCQX® Best Market as of October 13, 2022. This marks a significant milestone as Aquafil becomes one of the first Italian companies listed on OTCQX. The OTCQX Market provides efficient access to U.S. capital markets, allowing Aquafil to tap into growing demand for sustainable innovations. Aquafil is recognized for its ECONYL® regeneration system, which transforms waste into new nylon products, reinforcing its commitment to sustainability.

OTC Markets Group Inc. (OTCM) announced that Ecora Resources PLC has upgraded to the OTCQX Best Market from the Pink market, allowing it to trade under the symbol ECRAF. This transition provides greater transparency for U.S. investors and aligns with OTCQX's high financial standards and best governance practices. The upgrade highlights Ecora's commitment to a sustainable future through its diversified royalty portfolio, focusing on commodities essential for the energy transition, including copper, nickel, and cobalt.

On October 12, 2022, OTC Markets Group Inc. (OTCM) announced that Teton Advisors, Inc. has advanced to trade on the OTCQX® Best Market from the Pink® market. This transition signifies Teton Advisors' compliance with higher financial standards and corporate governance best practices. Trading under the symbol 'TETAA,' the move is expected to enhance visibility for the company among U.S. investors, as stated by CFO Patrick Huvane. OTC Markets Group facilitates trading for over 12,000 securities, providing crucial infrastructure for market efficiency.

On October 7, 2022, GAMCO Investors announced its voluntary delisting from the New York Stock Exchange, transitioning to the OTCQX Best Market under the symbol GAMI. Known for its investment advisory services, GAMCO serves around 1,400 institutional clients and private wealth investors. This move aims to enhance cost-efficiency and simplify public trading, allowing GAMCO to meet high financial standards and comply with securities laws. The company operates primarily through GAMCO Asset Management and Gabelli Funds, offering a range of investment strategies and products.

OTC Markets Group Inc. has launched its Fixed Income 15c2-11 Data Product following the SEC's clarification that Rule 15c2-11 applies to OTC fixed income securities. This premium offering offers compliance data for over 130,000 corporate debt securities, enhancing risk management and compliance capabilities. Subscribers can assess compliance with federal securities law and gain insights into exemption details. The product aims to streamline processes for compliance teams utilizing this vital market data.

OTC Markets Group Inc. (OTCM) has announced that VERSES Technologies Inc. (NEO: VERS; OTCQX: VRSSF) has upgraded to the OTCQX® Best Market from the Pink® market. This advancement facilitates transparent trading for U.S. investors and aligns with the company’s goal to enhance awareness and access to its artificial intelligence solutions. The upgrade is based on adherence to high financial standards and corporate governance. U.S. investors can access real-time quotes and financial disclosures for VERSES on www.otcmarkets.com.

OTC Markets Group Inc. (OTCM) announced that Skyharbour Resources Ltd. has successfully graduated to the OTCQX® Best Market from the OTCQB® Venture Market, effective September 30, 2022. This upgrade allows Skyharbour, a Canadian uranium exploration company, to enhance its visibility and accessibility to U.S. investors. Skyharbour holds a significant uranium project portfolio in the Athabasca Basin, featuring high-grade drill results and active exploration initiatives, positioning the company to capitalize on improving uranium market fundamentals.

Bravo Mining Corp. has successfully upgraded its trading status to the OTCQX Best Market from the Pink market, effective September 30, 2022. The company, focused on mineral exploration and development, is now trading under the symbol “BRVMF.” This upgrade enhances transparency and accessibility for U.S. investors, as it meets stringent financial standards and corporate governance requirements. CEO Luis Azevedo highlighted the significance of this move for investors in light of their aggressive drilling plans for the Luanga Project in Brazil, a promising mineral deposit.

On September 30, 2022, OTC Markets Group Inc. announced that Superior Gold Inc. has upgraded to the OTCQX Best Market from the Pink market, significantly enhancing its trading visibility for U.S. investors. Trading under the symbol SUPGF, the company aims for DTC eligibility to facilitate easier transactions. Superior Gold focuses on becoming an intermediate gold producer and is committed to improving production efficiency while targeting reduced costs. The company owns 100% of the Plutonic Gold Operations in Western Australia.