OTC Markets Group Stock Price, News & Analysis

OTC Markets Group Inc. (OTCM) announced that CopAur Minerals Inc. (TSX-V: CPAU; OTCQX: COPAF) has qualified to trade on the OTCQX® Best Market, having upgraded from the OTCQB® Venture Market. This transition allows CopAur to enhance its visibility among U.S. investors, with trading commencing under the symbol 'COPAF.' The OTCQX Market requires companies to meet specific financial standards and governance practices, marking a significant milestone for CopAur as they advance their projects in the Williams Gold-Copper Project region of British Columbia, Canada.

OTC Markets Group Inc. announced that Exploits Discovery Corp. has upgraded to trade on the OTCQX Best Market from the OTCQB Venture Market, effective February 1, 2022. This transition marks a significant milestone for the company, enhancing its visibility among U.S. investors. Exploits focuses on mineral exploration in Newfoundland and operates several projects covering approximately 2,111 square kilometers. The company aims to leverage its local expertise and the revitalized interest in the Exploits Subzone to drive future discoveries and development.

OTC Markets Group Inc. (OTCM) has announced that Alpine Summit Energy Partners, Inc. (OTCQX: ASEPF) is now trading on the OTCQX Best Market, having upgraded from the OTCQB Venture Market. This upgrade highlights Alpine Summit's compliance with rigorous financial standards and governance practices, enhancing visibility to U.S. investors. The company aims to maximize growth and return on equity through its efficient capital allocation in the energy sector, particularly in Texas's Giddings Field area, while pursuing sustainability to minimize environmental impacts.

OTC Markets Group Inc. announced that Numinus Wellness Inc. has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. This upgrade is crucial for providing transparent trading for U.S. investors. Numinus will now trade under the symbol 'NUMIF'. The transition to OTCQX allows companies to utilize their home market reporting, ensuring compliance with high financial standards and governance practices. According to CEO Payton Nyquvest, this is a significant step towards enhancing their presence in the U.S. investment community.

On January 25, 2022, OTC Markets Group Inc. (OTCM) announced robust fourth quarter 2021 performance results, highlighting a 3.5% increase in the OTCQX Composite Index. Key developments include the addition of 41 new companies to the index, while 47 were removed, including Skeena Resources Limited which graduated to NYSE. The OTCQX Dividend Index also rose by 3.5%, with 13 new companies added. However, the OTCQX Canada Index decreased by 2.2%. Overall, the upgrades and rebalancing underscore OTCM's commitment to enhancing market quality.

Rivalry Corp. (OTCQX: RVLCF) has successfully upgraded its listing to the OTCQX Best Market from the Pink market. This transition allows the company to enhance its visibility among U.S. investors by providing transparent trading. Rivalry, a sports betting and media firm, is focused on attracting young Millennials and Generation Z as customers. The upgraded listing is expected to facilitate easier equity ownership for interested investors, aligning with Rivalry's global strategy.

On January 25, 2022, Callinex Mines Inc. upgraded to the OTCQX Best Market from the Pink market, enhancing accessibility for U.S. investors under the symbol CLLXF. This transition signifies adherence to high financial standards and corporate governance. The company aims to expand its high-grade mineral deposits, particularly the Rainbow deposit located near vital infrastructure in Manitoba. A 2018 Preliminary Economic Assessment highlighted a pre-tax IRR of 34.1% and NPV of $230 million for its Bathurst projects.

OTC Markets Group Inc. (OTCM) announced the 2022 OTCQX Best 50, recognizing the top-performing companies on the OTCQX market based on total return and daily dollar volume growth from 2021. The ranked companies collectively achieved an average daily trading volume of $594 million, a significant increase from $123 million in 2020, with a median total return of 81%. Leading the list is Nanalysis Scientific Corp. (OTCQX: NSCIF). Canadian firms dominated this year’s ranking, highlighting OTCQX's role as a global investment gateway.

OTC Markets Group Inc. (OTCM) announced that Mystic Holdings Inc. (MSTH) has successfully upgraded to the OTCQX® Best Market from the Pink® market. This upgrade, effective today, allows Mystic Holdings to enhance its visibility among U.S. investors and adhere to higher financial standards and corporate governance. Mystic Holdings operates a fully integrated cannabis business in Nevada, including cultivation and retail through its subsidiaries Qualcan and Jade Cannabis Co. President Michael Cristalli emphasized that this milestone will drive liquidity and increase shareholder value.