Lavras Gold Corp Advances to OTCQX Best Market
TORONTO, Nov. 21, 2023 - In a significant stride forward for Lavras Gold Corp. (LGCFF), the company has achieved a new milestone by qualifying to trade on the OTCQX Best Market. This transition indicates a notable progression for the company, as it has ascended from the OTCQB Venture Market to the OTCQX Best Market in less than one year. Today marks the commencement of trading for Lavras Gold on this esteemed platform, signifying a promising development for the company's visibility in the investment community and potential for investor reach.
A Swift Ascent to OTCQX
Announced with enthusiasm by Lavras Gold Corp., the upgrade to the OTCQX Best Market represents a rapid rate of advancement not often seen in the industry. By meeting high financial standards, adhering to the best practices of corporate governance, and demonstrating compliance with relevant securities laws, Lavras Gold has demonstrated its commitment to its shareholders and the broader investing community. The transition to the OTCQX is expected to increase liquidity and provide a more transparent and efficient trading experience for the company's shares under the ticker symbol LGCFF.
The Implications of Trading on OTCQX
For Lavras Gold, trading on the OTCQX Best Market is anticipated to afford the company many benefits. This esteemed tier of the OTC market is reserved for established, investor-focused U.S. and international companies that have met the highest financial standards and are committed to providing a premium trading experience. Lavras Gold's achievement in qualifying for the OTCQX Best Market illustrates the company's solid financial standing and its devotion to maintaining a high degree of transparency with investors, which are essential components in building investor confidence and support for ongoing growth.
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