OTC Markets Group Welcomes Western Exploration Inc. to OTCQX
14 März 2022 - 12:00PM
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets
for 12,000 U.S. and global securities, today announced that Western
Exploration Inc. ("Western Exploration") (TSX-V: WEX; OTCQX:
WEXPF), a Nevada-focused precious metals exploration company, has
been qualified to trade on the OTCQX® Best Market ("OTCQX"), with
Western Exploration's shares set to begin trading today on the
OTCQX under the symbol " WEXPF ".
Prior to upgrading to the OTCQX, Western Exploration's shares
were previously quoted on the Pink Market under the symbol "CPMMD".
Western Exploration's shares are also listed and posted for trading
on the TSX Venture Exchange under the symbol "WEX". U.S. investors
can find current financial disclosure and Real-Time Level 2 quotes
for Western Exploration on www.otcmarkets.com.
Trading on the OTCQX Market offers companies efficient,
cost-effective access to the U.S. capital markets. 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.
Darcy Marud, Chief Executive Officer of Western Exploration,
commented: "Obtaining a quotation on OTCQX Best Market has been
planned as an integral part of our 'go-public' transaction
completed in January 2022. We are confident that the wider
visibility amongst the investment community will strengthen
shareholder value and enable Western Exploration to continue on the
path of accomplishing our corporate objectives."
In connection with the upgrade to the OTCQX, Stifel Financial
acted as the company's OTCQX sponsor and financial advisor.
About Western Exploration Inc.Western
Exploration Inc. is a Nevada-focused precious metals exploration
company, aiming to be a premier gold and silver development company
in North America. The Company was born out of a 25-year history of
advancing exploration projects in Nevada as a private company. Its
principal asset is the Aura gold-silver project, located in Elko
County, Nevada, approximately 120 kilometers north of the city of
Elko, Nevada.
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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