Nevada King Shares Start OTCQX Trading as 40,000-Metre Atlanta Drill Program Gains Pace
Updated
Updated · PR Newswire · Jun 26
Nevada King Shares Start OTCQX Trading as 40,000-Metre Atlanta Drill Program Gains Pace
3 articles · Updated · PR Newswire · Jun 26
Summary
Nevada King’s common shares began trading on the OTCQX Best Market on June 26 under ticker NKGFF, upgrading from the OTCQB Venture Market while keeping its TSXV listing under NKG.
May 7’s share consolidation helped the company meet OTCQX financial and share-price thresholds, allowing it to move to OTC Markets Group’s top tier for investor-focused companies.
The upgrade leaves share capital unchanged, and U.S. investors who already held or traded the stock on OTCQB will automatically see it quoted on OTCQX.
Nevada King said the move should raise its profile with U.S. institutional and retail investors as its 40,000-metre Phase 4 drill program advances at the Atlanta Gold Mine project in Nevada.
That project spans 130 square kilometers and hosts 1,020 koz of measured and indicated gold resources, plus 99 koz inferred, according to the company’s NI 43-101 resource estimate.