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Classified in: Business
Subjects: ANALYSTS' COMMENTS, TRADE ISSUES

OTC Markets Group Welcomes Founders Metals Inc to OTCQX


NEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Founders Metals Inc (TSX-V: FDR; OTCQX: FDMIF), a mineral exploration, has qualified to trade on the OTCQX® Best Market. Founders Metals Inc upgraded to OTCQX from the Pink® market.

Founders Metals Inc begins trading today on OTCQX under the symbol "FDMIF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

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.

JWTT Inc. acted as the company's OTCQX sponsor.

About Founders Metals Inc
Founders Metals Inc is a mineral exploration company specializing in acquiring and developing mineral resource assets in Eastern Canada. It is focused on developing the resource potential of mineral property in northeast New Brunswick known as the Elmtree Gold Project.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]



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