OTC Markets Group Welcomes Lavras Gold Corp. to OTCQX
21 November 2023 - 11:00PM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Lavras Gold Corp. (TSX-V: LGC; OTCQX: LGCFF), a Canadian
gold exploration company with projects and properties in southern
Brazil, has qualified to trade on the OTCQX® Best Market. Lavras
Gold Corp. upgraded to OTCQX from the OTCQB® Venture Market.
Lavras Gold Corp. begins trading today on OTCQX under its
previous symbol, “LGCFF.” U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
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.
“Lavras Gold began trading on the OTCQB in February of 2023 and
is pleased that growth in that short time has allowed us to upgrade
to the OTCQX,” commented Mike 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 graduating to the QX platform and
interacting with those whose preference is to trade here.”
About Lavras Gold Corp.Lavras Gold 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 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.
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) 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.
Our OTC Link® Alternative Trading Systems (ATSs) provide
critical market infrastructure that broker-dealers rely on to
facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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