OTC Markets Group Inc. , operator of financial markets for 11,000 U.S. and global securities, today announced Orogen Royalties Inc., a company focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America, has qualified to trade on the OTCQX® Best Market. Orogen Royalties Inc. upgraded to OTCQX from the Pink® market.
Orogen Royalties Inc. begins trading today on OTCQX under the symbol “OGNRF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
Paddy Nicol, Orogen’s President and CEO commented, “Orogen is proud to have met the qualifications for the OTCQX, the top tier of the OTC markets. Trading on the OTCQX enables the Company to enhance its visibility and liquidity with U.S. investors. Orogen looks forward to an exciting future with our organically generated royalty and property assets in the U.S., Canada, and Mexico.”
B. Riley Securities, Inc. acted as the company’s OTCQX sponsor.
About Orogen Royalties Inc.
Orogen Royalties Inc. is focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America. Orogen’s royalty portfolio includes the Ermitaño West gold deposit in Sonora, Mexico (2% NSR royalty) being developed by First Majestic Silver Corp. and the Silicon gold project (1% NSR royalty) in Nevada, USA, being advanced by AngloGold Ashanti N.A. The Company is well financed with several projects actively being developed by joint venture partners.
About OTC Markets Group Inc.
OTC Markets Group Inc. 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 Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org