OTC Markets Group Stock Price, News & Analysis

OTC Markets Group announced that Altaley Mining Corporation has successfully upgraded to trade on the OTCQX® Best Market from the Pink® market. Starting today, Altaley will trade under the symbol ATLYF, enhancing transparency for U.S. investors. CEO Ralph Shearing expressed optimism about the upgrade, citing improved liquidity and visibility. Altaley's Tahuehueto Gold Mine is 70% complete, with a recent $25 million funding package aiding its production goals, targeting initial output by the end of 2021 and full capacity by Q1 2022.

OTC Markets Group Inc. announced that Raffles Financial Group Limited has qualified to trade on the OTCQX Best Market starting September 3, 2021. This upgrade from the Pink market enhances the transparency and accessibility for U.S. investors looking to engage with Raffles Financial, which specializes in financial advisory services in Southeast Asia's US$ 1 billion market. The company is now listed under the symbol RAFFF, ensuring compliance with high financial and governance standards.

OTC Markets Group Inc. has announced that iFabric Corp. has qualified to trade on the OTCQX Best Market, upgrading from the Pink market. This move enables U.S. investors to trade under the symbol 'IFABF' as of today. The upgrade aligns with iFabric's strategy to increase transparency and accessibility for U.S. investors, especially considering its significant sales from the U.S. market. iFabric is recognized for its anti-bacterial and anti-viral textile innovations aimed at combating healthcare-acquired infections, with a focus on gaining regulatory approvals from the U.S. Environmental Protection Agency.

OTC Markets Group Inc. announced that Choice Consolidation Corp. (OTCQX: CDXXF) has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. The upgrade aims to enhance transparency for U.S. investors, adhering to strict financial standards and corporate governance. After raising $172.5 million in February, Choice Consolidation Corp. is reviewing opportunities in the cannabis sector. The trading of CDXXF began on this platform, with expectations to improve stock liquidity and shareholder benefits.

OTC Markets Group (OTCM) reported strong second-quarter 2021 results with gross revenues increasing 49% to $25.5 million. Operating income rose 91% to $9.1 million and net income climbed 67% to $7.1 million, leading to a diluted GAAP EPS of $0.59, a 64% increase. The company announced a 20% dividend hike to $0.18 per share. OTCQX surpassed 500 companies and OTCQB exceeded 1,000 companies, reflecting robust market growth.

OTC Markets Group Inc. has announced the upgrade of Microbix Biosystems Inc. to the OTCQX Best Market from the OTCQB Venture Market. This transition allows Microbix, a Canadian life sciences company specializing in diagnostics-related products, to enhance visibility among U.S. investors and ensure compliance with high financial standards and corporate governance. Microbix begins trading under the symbol "MBXBF" and aims to improve liquidity and investor awareness in the diagnostics industry. The company's monthly sales are approaching C$ 2.0 million.

On August 3, 2021, OTC Markets Group Inc. announced that Osino Resources Corp. has upgraded to the OTCQX® Best Market, transitioning from the OTCQB® Venture Market. Osino, a Canadian gold exploration company, focuses on the Twin Hills discovery in Namibia. The upgrade signifies a milestone for Osino, enhancing its visibility and credibility among U.S. investors. It begins trading under the symbol OSIIF, which allows U.S. investors access to real-time financial disclosures.

OTC Markets Group Inc. (OTCQX: OTCM) announced that 1st Capital Bancorp (OTCQX: FISB), a Monterey County community bank, has graduated to the OTCQX Best Market from the Pink market. This transition, effective July 30, 2021, aims to increase visibility, transparency, and liquidity for shareholders. The move follows stringent financial standards and corporate governance practices. CEO Sam Jimenez emphasized the commitment to creating long-term shareholder value through this upgrade.

OTC Markets Group Inc. (OTCQX: OTCM) will announce its second-quarter financial results for the period ending June 30, 2021, on August 4, 2021, post-market close. A conference call and webcast are scheduled for August 5, 2021, at 8:30 a.m. ET, where management will discuss the results. Interested parties can access the call at 1-877-665-5564 (domestic) or 1-470-495-9522 (international) with Conference ID 4186055. A replay will be available until August 19, 2021. The company operates markets for approximately 11,000 U.S. and global securities, facilitating trading through its network.