OTC Markets Group Inc., operator of financial markets for over 11,000 U.S. and global securities, announces that Elevate Uranium Ltd., a company which engages in the exploration and evaluation of uranium deposits in Namibia and Australia, has qualified to trade on the OTCQX® Best Market. Elevate Uranium Ltd. upgraded to OTCQX from the Pink® market.
Elevate Uranium Ltd. begins trading today on OTCQX under the symbol “ELVUF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company.
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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.
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“We are pleased to announce Elevate Uranium’s elevation to the OTCQX Best Market as part of our ongoing strategy to introduce the company to a broader international audience. This milestone will provide wider access to the U.S. investment community and improved convenience of trading Elevate Uranium ordinary shares,” said Murray Hill, Managing Director of Elevate Uranium.
B.Riley Securities acted as the company’s OTCQX sponsor.
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