OTC Markets Group Welcomes Meridian Mining UK Societas to OTCQX
May 11 2023 - 6:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Meridian Mining UK Societas (TSX: MNO; OTCQX: MRRDF), a
company focused on the acquisition, exploration, and development
activities in Brazil, has qualified to trade on the OTCQX® Best
Market. Meridian Mining UK Societas upgraded to OTCQX from the
OTCQB® Venture Market.
Meridian Mining UK Societas begins trading today
on OTCQX under the symbol “MRRDF.” 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.
Gilbert Clark, Executive Chairman, said: “We are
delighted with our graduation to the OTCQX and the greater
opportunity this provides for institutional and retail investors to
invest in Meridian’s ongoing growth. The Company’s advanced
gold-copper project Cabaçal provides an exciting opportunity for
those investors looking for exposure in gold equities but also the
opportunity to invest in a company with strong exposure to the
electrification future via its clean copper. Cabaçal is located in
Brazil, the South American powerhouse where the Company benefits
from the exposure to this expanding economy.”
About Meridian Mining UK
Societas
Meridian Mining UK Societas is focused on the
acquisition, exploration, and development activities in Brazil. The
Company is currently focused on resource development of the
advanced Cabaal VMS gold-copper project, the regional scale
exploration of the Cabaçal VMS belt, the exploration in the Jaur
& Araputanga Greenstone belts all located in the state of Mato
Grosso and exploring the Espigoã polymetallic project in the State
of Rondnia Brazil.
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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