NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Allied Gold Corp. (TSX: AAUC; OTCQX: AAUCF), based in Toronto, Canada, has qualified to trade on the OTCQX® Best Market. Allied Gold Corp. upgraded to OTCQX from the Pink® market.
Allied Gold Corp. begins trading today on OTCQX under the symbol “AAUCF.” 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.
“We are pleased to start trading on OTCQX which will allow a broader set of shareholders to invest in Allied Gold, while improving trading liquidity and unlocking value,” said Peter Marrone, Chairman and CEO of Allied Gold.
JWTT Inc. acted as the company’s OTCQX sponsor.
About Allied Gold Corp.
Allied Gold is a Canadian-based gold producer with a significant growth profile and mineral endowment which operates a portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali, and Ethiopia. Led by a team of mining executives with operational and development experience and proven success in creating value, Allied Gold is progressing through exploration, construction and operational enhancements to become a mid-tier next generation gold producer in Africa and ultimately a leading senior global gold producer.
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.
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