Energy

OTC Markets Group Welcomes Laramide Resources Ltd. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Laramide Resources Ltd. (TSX: LAM; OTCQX: LMRXF), company engaged in the exploration and development of uranium assets based in the United States and Australia has qualified to trade on the OTCQX ® Best Market. Laramide Resources Ltd. upgraded to OTCQX from the Pink ® market.

Laramide Resources Ltd. begins trading today on OTCQX under the symbol "LMRXF."  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.

Marc Henderson , Laramide President & CEO stated, "With our large U.S. uranium project portfolio, and focus on expanding our exposure and profile with private and institutional U.S. investors, we are pleased to have direct access to this transparent and efficient quotation and trading platform."

Nauth LPC acted as the company's OTCQX sponsor.

About Laramide Resources Ltd.
Laramide is a publicly listed company engaged in the exploration and development of high-quality uranium assets based in the United States and Australia . The Company is listed on the Toronto Stock Exchange (TSX) and the Australian Securities Exchange (ASX), both under the symbol LAM, and on the OTCQX under the symbol "LMRXF". Laramide provides investors exposure to high-quality uranium assets through its portfolio of uranium projects chosen for their production potential, including the advanced Churchrock in-situ recovery (ISR) Project in the United States , Westmoreland in Australia and two development-stage assets, La Sal and La Jara Mesa, in the United States . Laramide also owns a large greenfield exploration opportunity (the Murphy Uranium Project) in the Northern Territory of Australia .

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-laramide-resources-ltd-to-otcqx-301356384.html

SOURCE OTC Markets Group Inc.

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Investing News Network Launches Inn Uranium Stock Index To Help Investors Track The Uranium Market

Investing News Network Launches Inn Uranium Stock Index To Help Investors Track The Uranium Market

The Investing News Network® (INN), a leading source of independent news and education for investors, has launched the INN Stock Uranium Index to help investors track uranium stocks and the uranium market.

Keep reading...Show less
GTI Energy

GTI Energy Ltd (ASX: GTR) – Suspension from Quotation

Description

The securities of GTI Energy Ltd (‘GTR’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of GTR, pending the release of an announcement regarding a capital raising.

Keep reading...Show less

Ur-Energy Releases 2022 Year End Results

Ur-Energy Inc. (NYSE American:URG)(TSX:URE) ("Ur-Energy" or the "Company") has filed the Company's Annual Report on Form 10-K, Consolidated Financial Statements, and Management's Discussion & Analysis, all for the year ended December 31, 2022, with the U.S. Securities and Exchange Commission on EDGAR at www.sec.govedgar.shtml and with Canadian securities authorities on SEDAR at www.sedar.com. These filings also may be accessed on the Company's website at www.ur-energy.com. Shareholders of the Company may receive a hard copy of the consolidated financial statements, free of charge, upon request to the Company

Ur-Energy CEO, John Cash said: "The year 2022 saw uranium pricing volatility and an overall upward trend that we expect to continue in 2023 as the world transitions to carbon free sources of electricity. Uranium demand growth continues to outpace supply with few new mines of significant scale slated to come online in the next few years. Additional pricing pressure is being brought to bear by continued spot purchases by several physical uranium trusts and market instability caused by Russia's invasion of Ukraine.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Valor Resources

Finding Critical Commodities For A Cleaner World

Valor Resources Limited (Valor or the Company) (ASX: VAL) is pleased to present its PDAC Corporate Presentation.


Keep reading...Show less

Global Atomic Announces Upsizing of Bought Deal Public Offering to C$50.0 Million

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (FRANKFURT: G12) today announced that due to significant demand, the Company and Red Cloud Securities Inc. (the "Underwriter"), as sole underwriter and bookrunner, have agreed to increase the size of the previously announced "bought deal" prospectus offering (the "Offering") from C$25.0 million to C$50.0 million . Under the revised Offering, the Underwriter has agreed to purchase for resale 16,666,667 units of the Company (the "Units") at a price of C$3.00 per Unit (the "Offering Price"). Each Unit will consist of one common share of the Company (each, a "Common Share") and one half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable for one Common Share (each, a "Warrant Share") at a price of C$4.00 per Warrant Share at any time for a period of 18 months following the closing of the Offering.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Global Atomic Announces C$25 Million Bought Deal Public Offering

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (FSE: G12) today announced that it has entered into an agreement with Red Cloud Securities Inc. (the "Underwriter"), as sole underwriter and bookrunner, pursuant to which the Underwriter has agreed to purchase for resale 8,333,334 units of the Company (the "Units") at a price of C$3.00 per Unit (the "Offering Price") on a "bought deal" basis by way of a short-form prospectus offering for gross proceeds of C$25,000,002 (the "Offering"). Each Unit will consist of one common share of the Company (each, a "Common Share") and one half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable for one Common Share (each, a "Warrant Share") at a price of C$4.00 per Warrant Share at any time for a period of 18 months following the closing of the Offering.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×