Markets | Lavras Gold Corp advances to OTCQX Best Market for broader exposure By Investing.com
Lavras Gold Corp., a company focused on developing a significant district in southern Brazil, announced today that it has commenced trading on the OTCQX Best Market. This transition from the OTCQB Venture Market is a strategic move aimed at increasing the company’s visibility among U.S. investors and meeting the high financial and governance standards required by the OTC Markets Group.
The elevation to the OTCQX Market is a key milestone for Lavras Gold, which made its public debut on the Toronto Venture Exchange in April 2022 and began trading on the US OTCQB in February of this year. According to CEO Michael Durose, the move to OTCQX will enhance the company’s profile among investor-focused companies and quality investors in the United States.
Lavras Gold’s primary asset, the Lavras do Sul Project, is situated in Rio Grande do Sul State and encompasses over 22,000 hectares. The project features more than two dozen prospects located above historic gold workings, indicating significant potential for further exploration and development.
The transition to the OTCQX Best Market is expected to provide Lavras Gold with an easily accessible platform that could lead to broader market exposure and attract quality investment. The company will retain its symbol “LGCFF” as it continues its growth trajectory and seeks to leverage increased investor interest in its expansive gold project.
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