NEW YORK, Nov. 4, 2021 /PRNewswire/ -- OTC
Markets Group Inc. (OTCQX: OTCM), operator of financial
markets for 11,000 U.S. and global securities, today announced
Wallbridge Mining Company Limited ("Wallbridge") (TSX: WM; OTCQX:
WLBMF), a mineral exploration and development company, has
qualified to trade on the OTCQX® Best Market. Wallbridge upgraded
to OTCQX from the Pink® market.
Wallbridge begins trading today on OTCQX under the symbol
"WLBMF." 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.
Marz Kord, CEO of Wallbridge,
commented: "trading on the OTCQX Market will broaden access to the
Company's common shares to a range of US-based institutional and
retail investors as Wallbridge continues to advance its flagship
Fenelon Gold property and other
projects in Quebec and
Ontario."
Nauth LPC acted as the company's OTCQX sponsor.
About Wallbridge Mining Company Limited
Wallbridge is
currently advancing the exploration and development of its
100%‒owned Fenelon Gold property
located along the Detour‒Fenelon Gold Trend, an emerging gold belt
in northwestern Québec. The Company completed approximately 102,000
metres of drilling in 2020 and is currently conducting a
fully‒funded 2021 program of approximately 150,000 metres of
drilling and 2,000 metres of underground exploration development
(Phase 1 of a 10,000‒metre program). The Company will announce the
maiden mineral resource estimate on the Fenelon Gold System and
host a webcast to discuss the results on November 10, 2021.
Wallbridge's land holdings in Québec along the Detour‒Fenelon
Gold Trend cover 910.0 km2.This includes property
adjacent to its Fenelon and Martiniere deposits which provides room
for expansion of these deposits as well as providing options for
placement of future mine infrastructure. There is also potential
for further discoveries along the 97 kilometres of strike length in
this underexplored belt.
Wallbridge is also the operator of, and a 17.8% shareholder in,
Lonmin Canada Inc., a privately‒held company with a portfolio of
nickel, copper, and platinum‒group metals (PGM) projects in
Ontario's Sudbury Basin.
About OTC Markets Group Inc.
OTC Markets Group
Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB®
Venture Market and the Pink® Open Market for 11,000 U.S. and global
securities. Through OTC Link® ATS and OTC Link ECN, we
connect a diverse network of broker-dealers that provide liquidity
and execution services. We enable investors to easily trade
through the broker of their choice and empower companies to improve
the quality of information available for investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated
by OTC Link LLC, member FINRA/SIPC.
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Media Contact:
OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.