Business
Meridian Graduates to OTCQX Best Market
LONDON, UK / ACCESSWIRE / May 11, 2023 / Meridian Mining UK S (TSX:MNO)(OTCQX:MRRDF) (Frankfurt/T...
About this update from Meridian Mining Plc
[{"type":"text","content":"Meridian Graduates to OTCQX Best MarketLONDON, UK / ACCESSWIRE / May 11, 2023 / Meridian Mining UK S (TSX:MNO)(OTCQX:MRRDF) (Frankfurt/Tradegate:2MM) (\"Meridian\" or the \"Company\"), is pleased to announce that its common shares are now trading on the OTCQX® Best Market (the \"OTCQX\") under the symbol \"MRRDF\", having graduated from the OTCQB® Venture Market.The OTCQX is the highest tier of OTC Markets, which operates markets on which more than 12,000 U.S. and international securities trade. Trading on OTCQX enhances visibility and accessibility to U.S. investors. The Company's common shares continue to trade on the Toronto Stock Exchange under the symbol \"MNO\".Mr. Gilbert Clark, Executive Chairman, comments: \"We are delighted with our graduation to the OTCQX Market and the greater opportunity this provides for institutional and retail investors to invest in Meridian's ongoing growth. The Company's advanced gold-copper project Cabaçal provides an exciting opportunity for those investors looking for exposure in gold equities but also the opportunity to invest in a company with strong exposure to the electrification future via its clean copper. Cabaçal is located in Brazil, the South American powerhouse where the Company benefits from the exposure to this expanding economy.\"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.About Meridian:Meridian Mining UK S is focused on:The development and exploration of the advanced stage Cabaçal VMS gold‐copper project;Regional scale exploration of the Cabaçal VMS belt;Exploration in the Jaurú & Araputanga Greenstone belts (the above all located in the State of Mato Grosso, Brazil); andExploring the Espigão polymetallic project in the State of Rondônia, Brazil.Cabaçal is a gold-copper-silver rich VMS deposit with the potential to be a standalone mine within the 50km VMS belt. Cabaçal's base and precious metal-rich mineralization is hosted by v...