NEW YORK, June 28, 2022 (GLOBE NEWSWIRE) —
OTC Markets Group Inc.
(OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced
Lundin Gold Inc.
(TSX: LUG; Nasdaq Stockholm: LUG; OTCQX: LUGDF), a Canadian mining company, has qualified to trade on the OTCQX® Best Market. Lundin Gold Inc. upgraded to OTCQX from the Pink® market.
Lundin Gold Inc. begins trading today on OTCQX under the symbol “LUGDF.” 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.
Ron Hochstein, Lundin Gold’s President and CEO, commented, “We are excited to graduate from the Pink® market and begin trading on the OTCQX Market. This achievement will give a greater number of investors the opportunity to invest in Lundin Gold and enable participation in our exciting growth story, where maximization of shareholder value is the primary consideration.”
Troutman Pepper Hamilton Sanders LLP acted as the Company’s OTCQX sponsor.
About Lundin Gold Inc.
Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world.
The Company’s board and management team have extensive expertise in mine operations and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact. The Company believes that the value created through the development of Fruta del Norte will benefit its shareholders, the Government and the citizens of Ecuador.
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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®
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428,
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