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OTC Markets Group announces quarterly index performance and rebalancing

NEW YORK, Oct 15, 2021 / PRNewswire / – OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 US and global stocks, today announced third quarter 2021 performance and quarterly rebalancing of the OTCQX® and OTCQB® indices, including the OTCQX Canada, known index and the OTCQX dividend index.

The OTCQX Composite Index (.OTCQX), a benchmark for the entire OTCQX Best Market, lost 2.0% in the third quarter. 71 new companies were added to the index, including: Blackbird PLC (OTCQX: BBRDF); Cansortium Inc. (OTCQX: CNTMF); Giga Metals Corp (OTCQX: HNCKF); Nobility Homes, Inc. (OTCQX: NOBH); Solvay SA (OTCQX: SLVYY); Tidewater Inc. (OTCQX: TDGMW) and White Gold Corp. (OTCQX: WHGOF). 52 have been removed from the index, including: Standard Lithium Ltd. (SLI), which belongs to NYSE MKT and Nomad Royalty Company Ltd. (NSR) rose to the NYSE. Vicinity Motor Corp. (VEV), Field Trip Health Ltd. (FTRP), CPI Card Group Inc. (PMTS), Orange County Bancorp, Inc. (OBT), Cardiol Therapeutics Inc. (CRDL), VIQ Solutions Inc., Sono -Tek Corp. (SOTK), Bragg Gaming Group Inc. (BRAG), Lightwave Logic, Inc. (LWLG), Destination XL Group, Inc. (DXLG) and Peak Fintech Group Inc. (TNT) graduated from NASDAQ.

The OTCQX Billion + Index (.OTCQXBIL), which tracks the performance of $ 1 billion-plus market capitalization of OTCQX companies, down 1.7% in the quarter. Six companies were included in the index, including: Ascend Wellness Holdings, Inc. (OTCQX: AAWH); Bitwise 10 Crypto Index Fund (OTCQX: BITW); NOVONIX LTD. (OTCQX: NVNXF); Paladin Energy Ltd. (OTCQX: PALAF); Voyager Digital Ltd. (OTCQX: VYGVF) and Wesdome Gold Mines Ltd. (OTCQX: WDOFF). Eleven have been removed.

The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying US and international OTCQX companies, lost 1.4% in the quarter. Nineteen new companies were added to the index, including: Abitibi Royalties, Inc. (OTCQX: ATBYF); Dimeco, Inc. (OTCQX: DIMC); InsCorp, Inc. (OTCQX: IBTN) and Nobility Homes, Inc. (OTCQX: NOBH). Seventeen companies were removed.

The OTCQX banking index (.OTCQXBK), which is made up of OTCQX community and regional banks, rose 2.0% in the third quarter. In the quarter, ten banks were added to the index and thirteen companies were removed. The ten banks added were: CNB Bank Shares, Inc. (OTCQX: CNBN); Dacotah banks, Inc .; (OTCQX: DBIN): Dimeco, Inc. (OTCQX: DIMC); BAYFIRST FINL CORP. (OTCQX: FHBI); 1st Capital Bancorp (OTCQX: FISB); Grand River Commerce Inc. (OTCQX: GNRV); High Country Bancorp, Inc. (OTCQX: HCBC); US Metro Bancorp (OTCQX: USMT); Valley Republic Bancorp (OTCQX: VLLX) and Westbury Bancorp, Inc. (OTCQX: WBBW).

The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, lost 2.2% in the quarter. One hundred and fifty-one companies were included in the index, including: Aldebaran Resources Inc. (OTCQX: ADBRF); Barksdale Resources Corp. (OTCQX: BRKCF); Eve and Co Incorporated (OTCQX: EEVVF); Laramide Resources Ltd. (OTCQX: LMRXF); Orogen Royalties Inc. (OTCQX: OGNRF); Petrus Resources Ltd. (OTCQX: PTRUF) and Star Royalties Ltd. (OTCQX: STRFF). Twenty companies were removed.

The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies, lost 12.7% in the third quarter. Thirty-nine companies were added to the index and twenty-five companies were removed.

The OTCQX US Index (.OTCQXUS), a benchmark for US OTCQX companies, rose 1.7% in the third quarter. Eighteen companies were added to the index and twenty-five companies were removed.

The OTCQX Cannabis Index (.OTCQXMJ), a benchmark for cannabis companies, declined 21.2% in the third quarter. Fifteen new companies were added to the index. The fifteen companies added were: Avant Brands Inc. (OTCQX: AVTBF); Delta 9 Cannabis Inc. (OTCQX: DLTNF); Harborside Inc. (OTCQX: HBORF); Mountain Valley MD Holdings Inc. (OTCQX: MVMDF); THC BioMed Intl Ltd. (OTCQX: THCBF) and Unrivaled Brands, Inc. (OTCQX: UNRV). Sixty-six companies were removed.

The OTCQB Venture Index (.OTCQB), which tracks the entire OTCQB Venture market, lost 13.1% in the third quarter. One hundred and thirty-eight companies were included in the index, including: Acme Lithium Inc. (OTCQB: ACLHF); Bionexus Gene Lab Corp. (OTCQB: BGLC); Emmaus Life Sciences, Inc. (OTCQB: EMMAW); GABY INC. (OTCQB: GABY); Intellinetics, Inc. (OTCQB: INLX); LFTD Partners Inc. (OTCQB: LSFP); PHX Energy Services Corp. (OTCQB: PHXHF); Tokens.com Corp. (OTCQB: SMURF) and ZEPHYR ENERGY PLC. (OTCQB: ZPHRF). One hundred and sixteen companies were removed.

A list of all index additions and deletions can be found at

All indices are weighted according to market capitalization and are adjusted quarterly for additions and share changes of over 5% in the months of March, June, September and December. In the case of ADRs, the DR ratio is taken into account. Dividends are reinvested at close of business on the day before the ex date of the dividend.

The OTCQX Composite Index, the OTCQX Billion + Index, the OTCQX Dividend Index, the OTCQX International Index, the OTCQX US Index, the OTCQX Banks Index, the OTCQX Cannabis Index and the OTCQB Venture Index all have minimum liquidity checks to ensure tradability.

All index data is rated in real time and is available on the OTC Markets Group website, www.otcmarkets.com, and through major financial data distributors and websites including Bloomberg, Reuters and FT.com.

Past performance does not guarantee future results. Investors cannot invest in these indices directly.

OTC Markets Group Inc. makes no advice, recommendation, or endorsement with respect to any company or any security. Nothing herein constitutes an offer to sell or a solicitation of an offer to buy any securities.

About the 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 stocks. Via OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers who offer liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of the 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, a member of FINRA / SIPC.

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Media contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]

SOURCE OTC Markets Group Inc.

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