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Monarch Mining (TSX:GBAR) begins trading on the OTCQX Market

Mining
TSX:GBAR
20 May 2021 09:00 (EDT)
Generation Mining - Chairman & Executive Director, Kerry Knoll

Monarch Mining Corporation (GBAR) has upgraded to the OTCQX market from the Pink® market.

Monarch begins trading on the OTCQX today under the symbol GBARF. Trading on the OTCQX Market provides companies with access to retail and institutional US-based investors. To trade on the OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

“We are very pleased to be trading on the OTCQX,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch.

“This is an important milestone for Monarch, which will facilitate trading in our stock for US investors as we are aiming to expand our shareholder base to a larger pool of retail and institutional investors.”

OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities.

Monarch Mining owns four advanced projects, including the fully permitted past-producing Beaufor Mine, located near Monarch’s wholly-owned and fully permitted Beacon 750 tpd mill.

Monarch Mining Corporation (GBAR) opened trading on the TSX at C$0.85 per share.

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