Business
NGEX COMMENCES TRADING ON THE OTCQX IN THE UNITED STATES
NGEX COMMENCES TRADING ON THE OTCQX IN THE UNITED STATES Canada NewsWire VA...
About this update from Ngex Minerals Ltd.
[{"type":"text","content":"\n \n \n \n NGEX COMMENCES TRADING ON THE OTCQX IN THE UNITED STATES\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 8, 2024\n \n \n /CNW/ -\n \n NGEx Minerals Ltd.\n \n (TSX: NGEX)\n \n (\"NGEx\", \"NGEx Minerals\" or the \"Company\")\n \n is pleased to announce that its common shares are now trading in\n \n the United States\n \n on the OTCQX® Best Market under the symbol \"NGXXF\".\n \n View PDF\n \n \n \n \n \n \n \n \n \n \n \n Wojtek Wodzicki\n \n , President & CEO, commented, \"We are pleased to follow up our recent graduation to the TSX in\n \n Canada\n \n with this upgrade to the OTCQX in the U.S. as we endeavour to make NGEx shares more accessible to a broader range of investors. These recent milestones should strengthen our shareholder base and provide more investors the opportunity to participate in our exciting growth story at NGEx.\"\n \n \n Trading on OTCQX is expected to enhance the visibility and accessibility of the Company to current and prospective U.S. and global investors. To qualify for OTCQX, companies are required to meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. B. Riley Securities Inc. acted as the Company's OTCQX sponsor.\n \n \n U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on\n \n www.otcmarkets.com\n \n .\n \n \n NGEx has also applied for its common shares to be eligible for electronic clearing and settlement through the Depositary Trust Company (\"DTC\"). DTC eligibility is expected to simplify the process of trading and enhance the liquidity of the Company's common shares in the U.S. because of the accelerated settlement period and the expected reduction in costs for investors and brokers. The Company expects to receive confirmation of eligibility next quarter.\n \n \n NGEx common shares continue to trade on the TSX in\n \n Canada\n \n under the symbol \"NGEX\".\n \n \n \n \n About NGEx Minerals\n \n \n \n \n ...