NEW YORK, June 7, 2021 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of financial markets for 11,000
U.S. and global securities, today announced Troilus Gold Corp.
(TSX: TLG) (OTCQX: CHXMF), a development-stage gold and copper
mining company, has qualified to trade on the OTCQX® Best Market.
Troilus Gold Corp. upgraded to OTCQX from the OTCQB® Venture
Market.
Troilus Gold Corp. begins trading today on OTCQX under the
symbol "CHXMF." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused
U.S. and international companies. To qualify for OTCQX, companies
must meet high financial standards, follow best practice corporate
governance, and demonstrate compliance with applicable securities
laws. Graduating to the OTCQX Market marks an important milestone
for companies, enabling them to demonstrate their qualifications
and build visibility among U.S. investors.
"This upgrade to the OTCQX Market is a testament to our progress
and our continued success of executing on our plan to grow and
develop the Troilus gold and copper asset into a cornerstone mine
in North America", commented
Justin Reid, CEO of Troilus. "It
also demonstrates our financial strength and our commitment to
delivering the highest standard of compliance, disclosure and
corporate governance. Of all the securities traded on the OTC
Markets, we are very proud to be among the 5% on the top tier
OTCQX. We anticipate that this upgrade will increase our exposure
within the U.S. investment community and provide greater access to
shareholders seeking to take part in Troilus'
growth."
About Troilus Gold Corp.
Troilus Gold Corp. is a
Canadian-based junior mining company focused on the systematic
advancement and de-risking of the former gold and copper Troilus
Mine towards production. From 1996 to 2010, the Troilus Mine
produced +2 million ounces of gold and nearly 70,000 tonnes of
copper. Troilus is located in the top-rated mining jurisdiction of
Quebec, Canada, where is holds a
strategic land position of 1,420 km² in the Frôtet-Evans Greenstone
Belt. Since acquiring the project in 2017, ongoing exploration
success has demonstrated the tremendous scale potential of the gold
system on the property with significant mineral resource growth.
The Company is advancing engineering studies following the
completion of a robust PEA in 2020, which demonstrated the
potential for the Troilus project to become a top-ranked gold and
copper producing asset in Canada.
Led by an experienced team with a track-record of successful mine
development, Troilus is positioned to become a cornerstone project
in North America.
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.
