OTC Markets Group Stock Price, News & Analysis

OTC Markets Group Inc. (OTCM) announces Western Exploration Inc. (WEXPF) has qualified to trade on the OTCQX Best Market. Trading begins today, upgrading from the Pink Market where WEXPF was previously listed. This move enables Western Exploration to access U.S. capital markets efficiently and comply with high financial standards. CEO Darcy Marud expressed confidence that the upgrade will enhance shareholder value and support corporate objectives. Western Exploration focuses on precious metals exploration in Nevada, notably the Aura gold-silver project.

OTC Markets Group reported strong financial results for FY 2021, with gross revenues of $102.9 million, a 45% increase from 2020. Operating income rose 77% to $38.0 million, while net income soared 67% to $30.5 million, resulting in a 65% increase in GAAP diluted EPS to $2.52. In Q4, gross revenues reached $26.2 million, up 32% year-over-year. The company returned $27.0 million to shareholders, marking a 49% growth in cash distributions. A quarterly cash dividend of $0.18 per share was announced for March 31, 2022.

Khiron Life Sciences Corp. (OTCQX: KHRNF) invites investors to attend a live presentation on March 10, 2022, at 11:30 AM ET via VirtualInvestorConferences.com. CEO Alvaro Torres will present and engage with attendees in real-time. A recorded version will be available post-event. Investors are encouraged to pre-register for updates and system checks. Khiron operates in Latin America and Europe, focusing on medical cannabis, with a sales presence across various countries.

On March 3, 2022, OTC Markets Group Inc. announced that Freeman Gold Corp. has upgraded to the OTCQX Best Market from the OTCQB Venture Market. This transition allows Freeman to trade under the symbol FMANF. The OTCQX Market is designed for established companies that meet high financial standards and governance practices. Freeman Gold is focused on its 100% owned Lemhi Gold property, aimed at advancing its high-grade oxide gold resource towards production.

OTC Markets Group Inc. (OTCM) will announce its financial results for Q4 and fiscal year 2021 on March 9, 2022. The report will follow the U.S. capital markets close. A conference call and webcast will be held on March 10, 2022, at 8:30 a.m. ET, where management will discuss the results in detail. Participants can dial in or access the webcast via provided links. The earnings release and related materials will be available on the investor relations section of OTC Markets' website.

OTC Markets Group Inc. (OTCM) has announced that Bango PLC (OTCQX: BGOPF) has upgraded from the Pink market to trade on the OTCQX Best Market, effective March 1, 2022. This upgrade allows U.S. investors to more easily access Bango’s financial disclosures and real-time quotes. Bango's CEO, Paul Larbey, emphasized the importance of this move to meet heightened interest from U.S. investors, driven by the company's robust growth in payments and unique purchase behavior technology. B. Riley Securities, Inc. acted as the OTCQX sponsor for Bango.

Optimi Health Corp. (CSE: OPTI; OTCQX: OPTHF) has successfully upgraded to the OTCQX Best Market, enhancing its visibility to U.S. investors. This upgrade follows stringent financial standards and governance requirements, marking a significant milestone for the company. CEO Bill Ciprick expressed enthusiasm about this achievement, stating it aligns with their growth and commercialization efforts in the health and wellness sector. Optimi focuses on developing high-quality functional and psychedelic mushroom products and has received regulatory approvals for research involving Psilocybin and Psilocin.

OTC Markets Group Inc. (OTCM) announces that First Bancshares, Inc. (FBSI) has qualified to trade on the OTCQX® Best Market, moving up from the Pink® market. Beginning today, FBSI will trade under the symbol 'FBSI'. This upgrade reflects the company's adherence to stringent financial standards and best practice corporate governance. Chairman and CEO Robert M. Alexander expressed excitement about enhancing shareholder value and information accessibility for stakeholders, marking a significant milestone for community banks in the U.S. public markets.

American Pacific Mining Corp. has upgraded to the OTCQX Best Market from the OTCQB Venture Market, effective February 25, 2022. This transition allows the company to increase its visibility and access to U.S. investors, improving liquidity. CEO Warwick Smith highlighted that this achievement is aimed at enhancing shareholder value. The company focuses on precious metals exploration in Western U.S. with notable assets including the Madison Copper-Gold project.