Lavras Gold Graduates to the US OTCQX Trading Platform
21 November 2023 - 10:30PM
Lavras Gold Corp. (TSX-V: LGC, OTCQX: LGCFF) has
qualified to trade on the OTCQX Best Market, graduating from the
OTCQB Venture Market in less than one year, and begins trading on
that platform today. Lavras Gold will continue to trade under its
previous OTC symbol, “LGCFF”.
“After going public on the Toronto Venture Exchange in April of
2022, Lavras Gold began trading on the US OTCQB platform in
February of 2023 and is pleased that growth in that short period of
time has allowed us to upgrade to the OTCQX,” commented Michael
Durose, President and CEO of Lavras Gold. “The US represents a
significant investment market for Lavras Gold. Trading on the OTCQX
allows Lavras to have access to large numbers of quality investors
and for those same quality investors to have access to Lavras Gold
on a familiar and easily accessible platform. We look forward to
the broader market exposure and to interacting with those investors
whose preference is to trade on this platform.”
The OTCQX Market is designed for established, investor-focused
U.S. and international companies. To qualify for OTCQX, companies
must meet high financial standards, follow best practice corporate
governance, and demonstrate compliance with applicable securities
laws. Graduating to the OTCQX Market marks an important milestone
for companies, enabling them to demonstrate their qualifications
and build visibility among U.S. investors.
About OTC Markets Group Inc.
OTC Markets Group Inc. operates regulated markets for
trading 12,000 U.S. and international securities. Our data-driven
disclosure standards form the foundation of our three public
markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open
Market.
About Lavras Gold
Lavras Gold (TSXV: LGC, OTCQX: LGCFF) is a Canadian exploration
company focused on realizing the potential of a multi-million-ounce
gold district in southern Brazil. Its Lavras do Sul Project is
located in Rio Grande do Sul State and is primarily an intrusive
hosted gold system of possible alkaline affinity. More than 24 gold
prospects centred on historic gold workings have been identified on
the property, which spans more than 22,000 hectares.
Follow Lavras Gold on www.lavrasgold.com, as well as on
LinkedIn, Twitter, and YouTube.
Contact information
Michael Durose, President
& CEO, or Naomi Nemeth, Vice
President, Investor Relations+1-289-624-1377 |
investor@lavrasgold.comwww.lavrasgold.com
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Provider (as defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of the content
of this news release.
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