OTC Markets Group Inc., operator of financial markets for 11,000 U.S. and global securities, announced Aldebaran Resources Inc., a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Aldebaran Resources Inc. upgraded to OTCQX from the Pink® market.
Aldebaran Resources Inc. begins trading today on OTCQX under the symbol “ADBRF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company.
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.
John Black, Chief Executive Officer of Aldebaran Resources Inc., commented, “We are very pleased to be trading on the OTCQX which will increase our visibility and accessibility to our current and prospective U.S. and global shareholders.”
B. Riley Securities acted as the Company’s OTCQX sponsor. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles with offices across the United States, providing corporate finance, research, sales and trading services.
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