otcmarkets

OTC Markets Group Welcomes Kenorland Minerals Ltd. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Kenorland Minerals Ltd. (TSX-V: KLD) (OTCQX: NWRCF), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Kenorland Minerals Ltd. upgraded to OTCQX from the Pink® market.

Kenorland Minerals Ltd. begins trading today on OTCQX under the symbol "NWRCF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Zach Flood , President and CEO, commented, "We're very excited to be trading on the OTCQX and expand the company's visibility and accessibility to current and prospective U.S. and global shareholders."

Clyde Snow & Sessions, PC acted as the company's OTCQX sponsor.

About Kenorland Minerals Ltd.
Kenorland is a mineral exploration company involved in the identification, acquisition, and exploration of mineral properties located in North America .

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com .

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

(PRNewsfoto/OTC Markets Group Inc.)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/otc-markets-group-welcomes-kenorland-minerals-ltd-to-otcqx-301356199.html

SOURCE OTC Markets Group Inc.

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Heritage Mining

Heritage Mining Announces Closing of the First Tranche of its Non-Brokered Private Placement of Units and Flow-Through Units

Heritage Mining Ltd. (CSE: HML) (“Heritage ” or the “Company ”) is pleased to announce that it has closed the first tranche (“Tranche One ”) of its non-brokered private placement financing previously announced on June 12, 2024 (the “Offering ”).

The Company raised an aggregate of $593,003.96 pursuant to Tranche One, of which $362,000.00 was raised on the issuance of 7,240,000 units (“Units ”) and $231,003.96 was raised on the issuance of 3,850,066 flow-through units (“FT Units ”). Each Unit was issued at a price per Unit of $0.05 and is comprised of one common share in the capital of the Company (“Common Share ”) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 36 months at an exercise price of $0.075 (“Warrant ”). Each FT Unit was issued at a price of $0.06 and is comprised of one Common Share which will qualify as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant.

Keep reading...Show less
Gold bars stacked in ascending order.

29 Percent of Central Banks Plan to Buy Gold in the Next Year

Central bank gold purchases have been an important story for the precious metal over the last several years, providing critical support as the gold price has soared to record levels.

The World Gold Council (WGC) released its latest survey on central bank gold reserves on Tuesday (June 18), indicating that 29 percent of central banks intend to increase their gold holdings over the next year.

The survey was conducted this year between February 19 and April 30, and includes responses from 70 central banks.

Keep reading...Show less

B2Gold Announces Sale of C$139 Million of Calibre Mining Shares

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") announces that it has sold an aggregate 79,000,000 common shares of Calibre Mining Corp. ("Calibre") in the ordinary course for investment purposes by way of a block trade (the "Transaction") for aggregate gross proceeds of C$139.04 million.

B2Gold will be filing an early warning report under National Instrument 62-103 in connection with the sale of the Calibre shares, a copy of which will be available under Calibre's profile on SEDAR+ at www.sedarplus.com .

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

NOVAGOLD Welcomes Peter Adamek as New Chief Financial Officer

NOVAGOLD RESOURCES INC. ("NOVAGOLD" or the "Company") (NYSE American, TSX: NG) is pleased to announce the appointment of Peter Adamek as Vice President and Chief Financial Officer (CFO) of the Company effective July 15, 2024. The appointment of Mr. Adamek comes following the retirement of NOVAGOLD's long-serving CFO, David Ottewell, capping off a successful career in the mining sector. Mr. Ottewell will stay on until July 15, 2024 to ensure a seamless transition.

"On behalf of NOVAGOLD, I wish to extend my sincere gratitude to David for his loyalty to the Company over the last 12 years," said Greg Lang, President and Chief Executive Officer. "David has been instrumental in developing our finance strategy, building our finance team, and maintaining a strong balance sheet during his tenure — positioning the Company to continue to advance Donlin Gold up the value chain, while generating significant value for our stakeholders. David has been a valuable team member and a dear colleague over the years, and I thank him for his skillful leadership and remarkable contribution to our work. We wish him well in his retirement."

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

B2Gold Announces Initial Inferred Mineral Resource Estimate for the Springbok Zone of the Antelope Deposit at the Otjikoto Mine in Namibia

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce an initial Inferred Mineral Resource Estimate for the Springbok Zone, the southernmost shoot of the recently discovered Antelope deposit, located approximately three kilometers ("km") south of the Otjikoto Phase 5 open pit at the Otjikoto Mine in Namibia. All dollar figures are in United States dollars unless otherwise indicated.

Highlights

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×