An anonymous representative of OTC Markets Group reports
OTC MARKETS GROUP WELCOMES MAPLE GOLD MINES LTD. TO OTCQX
Maple Gold Mines Ltd. has qualified to trade on the OTCQX Best Market. Maple Gold Mines has upgraded to OTCQX from the OTCQB Venture Market.
Maple Gold Mines begins trading today on OTCQX under the symbol MGMLF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.
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.
"Maple Gold's graduation to the OTCQX represents another important milestone that will enhance our visibility with U.S. investors and improve the accessibility and liquidity of our shares across a broader shareholder base," said Kiran Patankar, president and chief executive officer of Maple Gold.
About Maple Gold Mines Ltd.
Maple Gold Mines is a Canadian gold exploration company focused on advancing its 100-per-cent-owned, district-scale Douay/Joutel gold project, located in Quebec's prolific Abitibi greenstone belt, Canada's premier gold mining jurisdiction. In addition, the company holds an exclusive option to acquire 100 per cent of the Eagle mine property, a key part of the historical Joutel mining complex. Douay/Joutel benefits from exceptional infrastructure access and boasts 481 square kilometres of highly prospective ground, including an established gold mineral resource at Douay (SLR, 2022) with significant expansion potential as well as the past-producing Telbel and Eagle West mines at Joutel, which collectively produced 1.1 million ounces of gold between 1974 and 1993. The company is well capitalized and is currently focused on carrying out exploration and drill programs to grow mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi region.
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