U.S. Securities Markets Inclusion: Corcel Exploration Lists on OTCQB Market
Corcel Exploration Inc., a mineral resource company focused on the acquisition and exploration of precious and base metals properties throughout North America, has announced its listing on the OTCQB Venture Market. This significant move is expected to boost the company's visibility and accessibility to U.S. investors, expanding its market reach.
The OTCQB Venture Market is an established platform for early-stage and growth companies to enhance visibility in the U.S. market. By listing on OTCQB, Corcel Exploration is poised to better engage with the U.S. investment community, which is critical for a junior exploration company seeking funding and growth.
The OTCQB listing brings several key benefits to Corcel Exploration:
- Greater exposure in the U.S. markets: OTCQB is considered a middle tier marketplace for early-stage and developing companies, providing Corcel with increased visibility.
- Improved credibility and transparency: OTCQB has specific reporting and compliance requirements, giving investors more confidence in the company's operations and financials.
- Facilitation of future capital raises and partnerships: Wider market access can aid in attracting strategic investors and partners, potentially leading to increased capital raises.
- Support for ongoing programs: The better financial market support provided by OTCQB can help fund Corcel's ongoing programs, such as the fully funded 60,000-meter exploration program.
Jon Ward, Chief Executive Officer of Corcel, commented on the listing, stating, "Listing on the OTCQB Market is an important step to enhance visibility and accessibility for U.S. investors. This listing will help us attract more potential investors, increase liquidity for our shares, and potentially improve our valuation and capital-raising ability."
Corcel Exploration Inc. has started trading on the OTCQB marketplace under the symbol CRLEF. The company's common shares will continue to trade on the Canadian Securities Exchange under the symbol CRCL.
It is important to note that forward-looking statements in this news release are subject to known and unknown risks, uncertainties, and other factors. These include material adverse changes, unexpected changes in laws, changes in commodity prices, the failure of parties to contracts to perform as agreed, social or labour unrest, and the failure of exploration programs or studies to deliver anticipated results.
For more information about Corcel Exploration, real-time quotes, and market information, visit www.otcmarkets.com. The company does not intend to update these forward-looking statements, except as required by applicable laws.
For further information about Corcel Exploration, please contact:
Jon Ward Chief Executive Officer Corcel Exploration Inc. Email: [email protected] Telephone: (604) 355-0303
Sources: [1] Corcel Exploration Inc. Press Release, 15 March 2023, https://www.newsfilecorp.com/release/260468 [2] Newsfile press release provided via QuoteMedia [3] Corcel Exploration Inc. Investor Presentation, March 2023, page 9
- By listing on the OTCQB Venture Market, Corcel Exploration is anticipating improved engagement with the U.S. investment community, which is crucial for a junior exploration company seeking finance and growth.
- To boost credibility and transparency, Corcel Exploration will adhere to specific reporting and compliance requirements associated with the OTCQB platform, potentially enhancing investors' confidence in the company's financial standing and operations.
