Viscount Mining Corp. Announces Upgrade to OTCQX(R) Best Market
Rhea-AI Summary
Viscount Mining (OTCQX: VLMGF) announced its common shares have been approved to trade on the OTCQX Best Market, upgraded from OTCQB, and commenced trading under the symbol VLMGF on April 28, 2026. The company cited enhanced U.S. investor visibility, stricter disclosure and governance requirements, and improved trading efficiency.
Viscount continues exploration at its Silver Cliff (Colorado) and Cherry Creek (Nevada) projects, highlighting the NI 43-101 Kate Deposit and a 843.9-metre gold-copper intercept at the Passiflora target.
Positive
- Trading upgraded to OTCQX, improving U.S. investor visibility
- Commenced trading under VLMGF on April 28, 2026
- Continued advancement of Silver Cliff and Cherry Creek exploration assets
- Reported 843.9 metres continuous gold-copper intercept at Passiflora
Negative
- Upgrade may increase disclosure and governance costs due to OTCQX standards
News Market Reaction – VLMGF
In the Apr 28 session, VLMGF gained 5.76%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2026) - Viscount Mining Corp. (TSXV: VML) (OTCQX: VLMGF) ("Viscount" or the "Company") is pleased to announce that its common shares have been approved for trading on the OTCQX® Best Market and have commenced trading under the symbol "VLMGF".
The Company has upgraded from the OTCQB® Venture Market to OTCQX, the highest level market of OTC Markets Group. OTCQX-traded companies are required to meet enhanced financial standards, maintain current disclosure, and adhere to established corporate governance practices.
Viscount Mining Corp begins trading today on OTCQX under the symbol "VLMGF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Management Commentary
Jim MacKenzie, President and CEO of Viscount, commented:
"The upgrade to the OTCQX Best Market reflects the Company's continued focus on strengthening its capital markets presence and improving accessibility for U.S. investors. We believe this transition supports broader investor awareness and aligns with our objective of advancing our asset portfolio in a disciplined and transparent manner."
Strategic Significance
The OTCQX Market provides increased visibility to U.S. investors and improved trading efficiency. Companies traded on OTCQX must satisfy higher qualification standards than those on OTCQB, including ongoing disclosure requirements.
The Company expects that trading on OTCQX will enhance investor accessibility and support continued engagement with a broader shareholder base.
Continued Focus on Asset Advancement
Viscount continues to advance its portfolio of exploration assets, including the Silver Cliff project in Colorado and the Cherry Creek project in Nevada.
The Silver Cliff project is located in the historic Hardscrabble Silver District and comprises 96 lode claims within a large volcanic caldera system known for its silver, gold, and base-metal mineralization. Within the project, the Kate Deposit represents a NI 43-101 compliant near-surface silver resource that forms the foundation of the Company's understanding of the district. In parallel, the Passiflora Porphyry Target has demonstrated extensive hydrothermal alteration consistent with a large porphyry system. Notably, drill hole PF-23-03A intersected 843.9 metres of continuous gold-copper mineralization, which the Company interprets as being on the periphery of a potentially larger intrusive centre. Mineralization at Passiflora remains open in multiple directions.
In Nevada, the Cherry Creek project consists of 219 unpatented and 9 patented claims within a historic mining district that has produced from more than 20 past-producing mines. The district is characterized by multiple styles of mineralization, including silver-gold vein systems, carbonate replacement deposits, jasperoids, and porphyry-related systems. The project is
Qualified Persons
The scientific and technical information contained in this news release has been reviewed and approved by Harald Hoegberg CPG, an independent consulting geologist who is a "Qualified Person" (QP) as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").
About Viscount Mining (TSXV: VML) (OTCQX: VLMGF)
Viscount Mining Corp. is a project generator and mineral exploration company focused on advancing high-quality silver, gold, and copper assets in the Western United States. The Company's portfolio includes the Silver Cliff silver project in Colorado and the Cherry Creek multi-metal district in Nevada.
Silver Cliff Project — Colorado
Silver Cliff is in the historic Hardscrabble Silver District and comprises 96 lode claims with year-round paved access and established local infrastructure. The project covers a large volcanic caldera system recognized for its silver, gold, and base-metal potential.
The property includes two principal zones of focus:
- Kate Deposit (Silver Resource Area): The Kate hosts a NI 43-101 compliant near-surface silver resource published by an independent QP (details: Measured & Indicated and Inferred silver resources were reported in the Company's technical disclosure; investors are encouraged to review the full technical report available on SEDAR+ for tonnage, grade, and methodology).
- Passiflora Porphyry Target: Historical and modern drilling indicates extensive hydrothermal alteration consistent with a large porphyry system. Recent drilling by Viscount (hole PF-23-03A) intersected 843.9 metres of continuous Gold-Copper mineralization, which the Company interprets as being on the periphery of a potentially larger intrusive centre. Mineralization remains open in multiple directions.
Cherry Creek Project — Nevada
Cherry Creek covers 219 unpatented and 19 patented claims in a well-known historic mining district approximately 50 miles north of Ely. The property includes more than 20 past-producing mines and hosts several styles of mineralization, including silver-gold veins, carbonate-replacement (CRD) zones, jasperoids, and porphyry-related alteration. The district is
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Media Contact:
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For additional information regarding the above noted property and other corporate information, please visit the Company's website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim MacKenzie"
President, CEO and Director
For further information, please contact:
Viscount Investor Relations
Email: info@viscountmining.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Viscount Mining's operations, exploration and development plans, expansion plans, estimates, expectations, forecasts, objectives, predictions and projections of the future. Specifically, this news release contains forward looking statements with respect to the actual size of the anomaly, feasibility, grade of mineralization and the content of the mineralization. Generally, forward-looking statements can be identified by the forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might", or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Viscount Mining to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation of Viscount Mining's projects, the actual results of current exploration, development activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future precious metals prices, as well as those factors discussed in the sections relating to risk factors of our business filed in Viscount Mining's required securities filings on SEDARPlus. Although Viscount Mining has attempted to identify important factors that could cause results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294482