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April 13, 2022 • 47 minutes ago • 2 minutes read • Join the conversation
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NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading in 12,000 U.S. and international securities, today announced Azimut Exploration Inc. (TSXV: AZM; OTCQX : AZMTF) known. , a mineral exploration company, has qualified for trading on the OTCQX® Best Market. Azimut Exploration has been upgraded from the Pink® Market to OTCQX.
Azimut Exploration begins trading today on the OTCQX under the symbol “AZMTF”. US investors can visit www.otcmarkets.com for current financial information and real-time Level 2 quotes for the company.
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Upgrading to the OTCQX market is an important step for companies looking to provide transparent trading to their US investors. Streamlined market standards allow companies listed on a qualifying international exchange to use their home market reporting to make their information available in US securities laws.
Securities Law USA, PLLC acted as the company’s OTCQX sponsor.
About Azimuth Exploration
Azimut is a premier mineral exploration company with a solid reputation for target generation and partnership development. Azimut owns the largest mineral exploration portfolio in the province of Quebec, Canada. Focus is on Tier 1 gold, copper and nickel targets. Since 2004, the company has signed 32 strategic alliances and partnership agreements with 18 senior and junior companies.
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The Company is actively advancing its 100% owned flagship Elmer gold project in the James Bay region of Quebec into the initial resource phase. The main Patwon gold zone is currently defined over a strike length of 580 meters, a depth of 600 meters and an average true width of 35 meters. This zone is geometrically robust and offers strong growth potential. The probability of finding other zones nearby is considered excellent.
Azimut uses a breakthrough approach to big data analytics (the proprietary AZtechMine™ expert system), enriched by extensive exploration know-how. The company’s competitive advantage is based on systematic regional data analysis and concurrent ongoing projects. Azimut maintains strict financial discipline and a strong balance sheet with 81.9 million shares issued and outstanding.
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About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading in 12,000 US and international securities. Our data-driven disclosure standards underpin our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our alternative OTC Link® trading systems (ATS) provide essential market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to US financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member of the SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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Media contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
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