- Superior Gold (SGI) began trading today on the OTCQX in the U.S.
- The company is being upgraded to the OTCQX from the Pink market and will trade under the symbol SUPGF
- It remains focused on targeted growth with enhanced tonnage throughput, head grade, lower AISC costs and overall gold production
- Superior Gold is a Canadian-based gold producer that owns 100 per cent of the Plutonic Gold Operations in Western Australia
- Superior Gold (SGI) opened unchanged, trading at $0.36 per share
Superior Gold (SGI) began trading today on the OTCQX in the U.S.
The company is being upgraded to the OTCQX from the Pink market and will trade under the symbol SUPGF.
The move represents more transparent trading for U.S. investors, whereby Superior’s home market reporting can be made available in the U.S. thanks to streamlined market standards.
The OTCQX is run by the OTC Markets Group, which operates regulated markets for 12,000 U.S. and international securities.
Companies on the OTCQX must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
“We are excited to begin trading on the OTCQX Market and are working on DTC eligibility, which we hope to achieve shortly,” stated Chris Jordaan, Superior’s President and CEO.
“Superior gold continues to focus on advancing to intermediate gold producer status through targeted growth and the delivery of key objectives designed to improve tonnage throughput, head grade and overall gold production. We are also targeting lower AISC costs with increased production offsetting our fixed costs,” he added.
Superior Gold is a Canadian-based gold producer that owns 100 per cent of the Plutonic Gold Operations in Western Australia.
Superior Gold (SGI) opened unchanged, trading at $0.36 per share.