OTC Markets Group Welcomes Wesdome Gold Mines Ltd. to OTCQX
PR Newswire - PRF - 33 minutes ago
NEW YORK , Aug. 12, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Wesdome Gold Mines Ltd. (TSX:WDO-TO.TO) (OTCQX:WDOFF), a Canadian focused company with a pipeline of projects in various stages of development, has qualified to trade on the OTCQX ® Best Market. Wesdome Gold Mines Ltd. upgraded to OTCQX from the Pink ® market.
Wesdome Gold Mines Ltd. begins trading today on OTCQX under the symbol "WDOFF." 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.
Mr. Duncan Middlemiss , President and CEO commented, "We are pleased to have achieved this milestone and to commence trading on OTCQX. Joining the market is expected to enhance our liquidity and visibility in the U.S market and provide access to a broader set of investors."
Dorsey & Whitney LLP acted as the company's OTCQX sponsor.