NEW YORK, June 18, 2021 /PRNewswire/ -- OTC
Markets Group Inc. (OTCQX: OTCM), operator of financial
markets for 11,000 U.S. and global securities, today announced
Hochschild Mining PLC (LSE: HOC: OTCQX: HCHDF), an underground
precious metals producer, has qualified to trade on the OTCQX® Best
Market. Hochschild Mining PLC upgraded to OTCQX from the Pink®
market.
Hochschild Mining PLC begins trading today on OTCQX under the
symbol "HCHDF." 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.
Ignacio Bustamante, Chief
Executive Officer, Hochschild Mining PLC said:
"We see trading on the OTCQX Market as a valuable opportunity
and believe it will provide the company with a cost-effective way
to access U.S. investors, who have shown a strong historical
appetite for investing in non-U.S. stocks as well as the global
mining sector. We expect Hochschild's focus on silver and gold and
also on rare earths to be of particular interest to U.S. investors
and we are optimistic that this interest will translate into
increased U.S. ownership in our shares."
Berns & Berns acted as the company's OTCQX sponsor.
About Hochschild Mining PLC
Hochschild Mining PLC is a leading precious metals company
listed on the London Stock Exchange and cross-traded on the OTCQX
Best Market in the U.S., with a primary focus on the exploration,
mining, processing and sale of silver and gold. Hochschild has over
fifty years' experience in the mining of precious metal epithermal
vein deposits and currently operates three underground epithermal
vein mines, two located in southern Peru and one in southern Argentina. Hochschild also has numerous
long-term projects throughout the Americas.
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.