Business
Rio Grande Resources Submits Application to Uplist to the OTCQB Venture Market
VANCOUVER, BC / ACCESS Newswire / May 13, 2025 /Rio Grande Resources Ltd. (CSE:RGR)(OTC PINK:RGRLF) ("Rio Grande" or "RIO" the "Company"), an emerging North American gold and silver exploration company, is pleased to announce that it has filed an ...
About this update from Rio Grande Resources Ltd
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / May 13, 2025 / Rio Grande Resources Ltd. (CSE:RGR)(OTC PINK:RGRLF) ("Rio Grande" or "RIO" the "Company"), an emerging North American gold and silver exploration company, is pleased to announce that it has filed an application to have its common shares uplisted to the OTCQB® Venture Market (the "OTCQB") in the United States, following the Company's recent listing on the OTC Pink Market.","length":466,"tagName":"p"},{"type":"text","content":"The OTCQB Venture Market is the premier marketplace for early stage and developing entrepreneurial-stage companies. The OTCQB is considered by the Securities and Exchange Commission as an "established public market" for determining the public market price when registering securities for resale and international companies and applies standards that promote price transparency and facilitate public disclosure. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.","length":554,"tagName":"p"},{"type":"text","content":"Jason Barnard, President, and CEO of Rio Grande, comments: "Our OTCQB uplisting marks the next strategic step in Rio Grande's growth - expanding our U.S. investor base, elevating our profile, and positioning us alongside established explorers. Paired with our Canadian listing, this will create a powerful North American platform to fund our growing exploration pipeline in New Mexico's premier mining districts. The OTCQB is a perfect environment and compliments our district-scale exploration program, our future plans and its expected demands. This uplisting simply just won't be an upgrade - it's the right platform for the discoveries ahead."","length":673,"tagName":"p"},{"type":"text","content":"Upon approval, Rio Grande shares are expected to continue to trade with a U.S. ticker symbol "RGRLF". The Company's common shares will continue to trade on the Canadian Securities Exchange ("CSE") under the symbol "RGR". The trading of the Company's common shares on the OTCQB remains subject to several approvals, including by the OTC Markets Group and the satisfaction of all applicable OTCQB standards. Shareholders will be updated on the status of the Company's p...