NEW YORK, Dec. 15, 2017 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000
U.S. and global securities, today announced Teranga Gold
Corporation (TSX: TGZ; OTCQX: TGCDF), a Canadian gold mining
company, has qualified to trade on the OTCQX® Best Market. Teranga
Gold upgraded to OTCQX from the Pink® market.
Teranga Gold begins trading today on OTCQX under the symbol
"TGCDF." U.S. investors can find current financial disclosure
and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"Trading on OTCQX will allow Teranga Gold to efficiently
leverage its existing TSX listing to build visibility and provide a
more transparent trading market for U.S. investors," said
Jason Paltrowitz, Executive Vice
President of Corporate Services at OTC Markets Group. "We are
pleased to welcome Teranga Gold to the OTCQX Best Market."
Teranga Gold was sponsored for OTCQX by J.P. Galda & Co., a
qualified third-party firm responsible for providing guidance on
OTCQX requirements and recommending membership.
About Teranga Gold Corporation
Teranga is a
multi-jurisdictional West African gold company focused on
production and development as well as the exploration of more than
5,000 km2 of land located on prospective gold
belts. Since its initial public offering in 2010, Teranga has
produced more than 1.2 million ounces of gold from its operations
in Senegal, which as of
June 30, 2017 had a reserve base of
2.7 million ounces of gold. Focused on diversification and
growth, the Company is advancing its Banfora development project
and conducting extensive exploration programs in three countries:
Burkina Faso, Senegal and Côte d'Ivoire. Teranga has a
strong balance sheet and the financial flexibility to grow its
business.
Steadfast in its commitment to set the benchmark for responsible
mining, Teranga operates in accordance with the highest
international standards and aims to act as a catalyst for
sustainable economic, environmental, and community development as
it strives to create value for all of its stakeholders.
Teranga is a member of the United Nations Global Compact and a
leading member of the multi-stakeholder group responsible for the
submission of the first Senegalese Extractive Industries
Transparency Initiative revenue report. The Company's
responsibility report is available at
www.terangagold.com/responsibilityreport and is prepared in
accordance with its commitments under the United Nations Global
Compact and in alignment with the Global Reporting Initiative
guidelines.
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 10,000 U.S. and global
securities. Through OTC Link® ATS, 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 is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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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.