Rush Gold Corp. announced that its common shares have begun trading on the OTCQB Venture Market in the United States under the symbol "RGNCF." The company's shares will continue to trade on the Canadian Securities Exchange under the symbol "RGN." Additionally, Rush Gold has secured eligibility for its common shares to settle electronically through the Depository Trust Company, which facilitates smoother and more cost-effective transactions within the U.S. clearing system.
The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market, catering to U.S. and international companies in the entrepreneurial and development stages. This listing is anticipated to boost Rush Gold's visibility among U.S. investors, enhance trading accessibility, and improve overall liquidity for its shares. Anthony Zelen, Director and CEO of Rush Gold, stated that the commencement of trading on the OTCQB marks a significant milestone for the company. He emphasized that, alongside its listings on the Canadian Securities Exchange and Frankfurt exchange, this U.S. listing expands investor access across key global markets, providing entry to a larger investor base and simplifying trading for U.S. investors.
The OTCQB listing aligns with Rush Gold's strategy to broaden its global investor reach, improve liquidity, and increase market visibility. Investors can access real-time quotes and market information for Rush Gold Corp. on www.otcmarkets.com. This move is expected to have implications for the mining exploration sector, as it may set a precedent for other Canadian companies seeking to tap into U.S. markets, potentially leading to increased cross-border investment and collaboration. For readers and industry stakeholders, this development highlights the growing importance of multi-market listings in enhancing corporate transparency and investor engagement, which could influence future trends in global financial markets.
Rush Gold is a Canadian mining exploration company focused on advancing its Skylight and Legal Tender gold and silver properties located in the Republic Mining District, Nye County, Nevada, in the USA. The company's forward-looking statements caution that actual results may differ due to various risks and uncertainties, and it disclaims any obligation to update such statements except as required by law. The Canadian Securities Exchange has not reviewed the press release and does not accept responsibility for its adequacy or accuracy. The original release can be viewed on www.newmediawire.com.
