OTC Markets Group Welcomes G Mining Ventures Corp. to OTCQX
September 27 2024 - 7:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced G Mining Ventures Corp. (TSX: GMIN; OTCQX: GMINF), a
precious metals mining company, has qualified to trade on the
OTCQX® Best Market. G Mining Ventures Corp. upgraded to OTCQX from
the Pink® market.
On April 22, 2024, G Mining TZ Corp. (formerly G
Mining Ventures Corp.) (“Former GMIN”), Reunion Gold Corporation
(“Reunion Gold”) and Greenheart Gold Inc. (“Greenheart”, and
collectively with GMIN and Reunion Gold, the “Parties”), entered
into an arrangement agreement under which the Parties agreed to
complete a plan of arrangement under Section 192 of the Canada
Business Corporations Act (the “Arrangement”). Pursuant to the
Arrangement, which closed on July 15, 2024, a newly incorporated
successor issuer, G Mining Ventures Corp. (“New GMIN”), now holds
and manages the combined business of Former GMIN and Reunion
Gold.
As a result, shares of Former GMIN ceased
trading on the OTCQX on July 17, 2024, and New GMIN shares begins
trading today on OTCQX under the symbol “GMINF,” in substitution
for the Former GMIN shares. 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 have seen significant and growing investor
interest as our flagship Tocantinzinho Gold Mine in Brazil
commenced commercial production in September, the Oko West Project
in Guyana delivered a positive Preliminary Economic Assessment, and
the acquisition of the CentroGold Project from BHP is targeting
completion by Q1 2025. We are very pleased that our graduation to
the OTCQX® Best Market will provide enhanced visibility to U.S.
investors and help meet the significant interest from U.S. based
investors,” commented Louis-Pierre Gignac, President and CEO of G
Mining Ventures.
About G Mining Ventures Corp.G
Mining Ventures Corp. is a mining company engaged in the
acquisition, exploration and development of precious metal projects
to capitalize on the value uplift from successful mine development.
GMIN is well-positioned to grow into the next mid-tier precious
metals producer by leveraging strong access to capital and proven
development expertise. GMIN is currently anchored by the
Tocantinzinho Gold Project in Brazil and Oko West Project in
Guyana, both mining friendly and prospective jurisdictions.
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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