OTC Markets Group Welcomes Paladin Energy Limited to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM), a financial market operator for 11,000 U.S. and global securities, today announced Paladin Energy Limited (ASX: PDN; OTCQX: PALAF), a company that develops and operates gold mines. uranium, and also has a large global portfolio of uranium exploration and development assets, has qualified to trade on the cheapest OTCQX®. Paladin Energy Ltd. switched to OTCQX from the Pink® marketplace.
Paladin Energy Limited begins trading today on OTCQX under the symbol “PALAF”. US investors can find current financial information and real-time Level 2 quotes for the company at www.otcmarkets.com.
Upgrading to the OTCQX marketplace is an important step for companies looking to offer seamless trading to their US investors. For companies listed on a qualifying international exchange, streamlined market standards allow them to use their domestic market reports to make their information available in the United States. securities laws.
Viriathus Capital LLC acted as OTCQX advisor to the company and Sichenzia Ross Ference LLP as OTCQX sponsor of the company.
About Paladin Energy Limited
Paladin Energy Limited is an Australian publicly traded uranium company focused on maximizing the value of its 75% stake in the Langer Heinrich uranium mine in Namibia . Langer Heinrich is a long-term operation of global significance, having produced more than 43 Mlb U3O8 to date. Langer Heinrich’s operations were suspended in 2018 due to low uranium prices. Beyond Langer Heinrich, the Company also has a large global portfolio of uranium exploration and development assets. Nuclear power remains a cost-effective, low-carbon option for power generation.
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 11,000 US and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of brokers who provide liquidity and execution services. We make it easy for investors to trade through the broker of their choice and enable companies to improve the quality of information available to investors.
To learn more about how we are creating better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATS operated by OTC Link LLC, member of FINRA / SIPC.
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OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
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SOURCE OTC Markets Group Inc.