OTC Markets Group Welcomes Sierra Madre Gold and Silver Ltd to OTCQX
2023年7月28日 - 8:00PM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for 12,000 U.S. and international securities, today announced
Sierra Madre Gold and Silver Ltd (TSX-V: SM; OTCQX: SMDRF), a
precious metals development and exploration company has qualified
to trade on the OTCQX® Best Market. Sierra Madre Gold and Silver
Ltd upgraded to OTCQX from the Pink® market.
Sierra Madre Gold and Silver Ltd begins trading today on OTCQX
under the symbol “SMDRF.” 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 thrilled to announce that Sierra Madre will once again
trade on OTCQX,” stated Alex Langer, President & CEO. “This is
an important step for us to provide existing and new shareholders
with the ability to purchase shares of Sierra Madre in the U.S., a
key market for retail and institutional silver investors.”
Dorsey & Whitney LLP acted as the company’s OTCQX
sponsor.
About Sierra Madre Gold and Silver LtdSierra
Madre Gold & Silver (TSX.V: SM) is a precious metals
development and exploration company, focused on the restart of the
La Guitarra Mine in the Temascaltepec mining district, Mexico, and
the exploration and development of its Tepic and La Tigra
properties in Nayarit, Mexico. The La Guitarra Mine is a permitted,
past-producing underground mine which includes a 500 t/d processing
facility that operated until mid-2018. The +2,600 ha Tepic project
hosts low-sulphidation epithermal gold and silver mineralization
with an existing historic resource. La Tigra, located 148 km north
of Tepic, has been mined historically; Sierra Madre’s maiden 2022
drill program at the site intercepted shallow mineralization.
Sierra Madre’s management has played key roles for managing
exploration and development of more than 22Moz gold and 600Moz
silver in combined reserves and resources. Sierra Madre’s team of
professionals has collectively raised over $1B for mining
companies.
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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