OTC Markets Group Welcomes Coral Gold Resources to OTCQX
NEW YORK, Oct. 20, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Coral Gold Resources Ltd. (TSX-V: CLH; OTCQX: CLHRF), a precious metals company operating in Nevada, has qualified to trade on the OTCQX® Best Market. Coral Gold Resources upgraded to OTCQX from the Pink® market.
Coral Gold Resources begins trading today on OTCQX under the symbol "CLHRF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Coral Gold Resources joins the growing group of investor-focused Canadian companies that cross-trade their shares in the U.S. on OTCQX in order to build visibility and long-term shareholder value," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "Canadian companies have been amongst the best performing segments of the OTCQX market this year, with the OTCQX Canada Index rising by more than 25% year to date through September."
"We are pleased to upgrade to OTCQX," said David Wolfin, President and Chief Executive Officer of Coral Cold Resources Ltd. "Coral's shares trading on the OTCQX gives us broader visibility and provides easier access for U.S. and International investors. We're now entering a significant new era for the company. Coral's sliding scale royalty on Barrick's Robertson Property in Nevada, our portfolio of Nevada exploration properties in one of the world's most prolific mining regions and our strong cash position offer an exceptional foundation for growth."
Coral Gold Resources was sponsored for OTCQX by Euro Pacific Capital, Inc., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Coral Gold Resources Ltd.
Coral Gold Resources is a precious metals exploration company, where it has explored one of the world's richest gold districts in Nevada for over 30 years. The Company's primary asset is a sliding scale net smelter returns production royalty on Barrick Gold's Robertson Property in Nevada. The Company also holds a portfolio of strategically-located exploration projects near Barrick Gold's Pipeline/Cortez Mine Complex on Nevada's Battle Mountain/Cortez Trend. Our overall objective is to generate long-term wealth for shareholders.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.