NEW YORK, March 27, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Candelaria Mining Corp. (TSX-V: CAND; OTCQX: CDELF), a Canada-based gold development and exploration company with a portfolio of projects in Mexico, has qualified to trade on the OTCQX® Best Market. Candelaria Mining upgraded to OTCQX from the Pink® market.
Candelaria Mining begins trading today on OTCQX under the symbol "CDELF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Candelaria Mining to OTCQX," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "OTCQX provides an efficient and transparent U.S. trading market for Canadian companies that are looking to expand their visibility and shareholder base in the U.S. We look forward to supporting Candelaria Mining in the U.S. public market."
"We are committed to serving our U.S. investors by providing them with access to the enhanced U.S.-based trading platform offered by OTCQX. OTCQX has earned a reputation for providing U.S. investors with improved liquidity, transparency, superior information, and easy access through their U.S. regulated broker-dealers," said Candelaria Mining CEO Ramon Perez.
Candelaria Mining was sponsored for OTCQX by SecuritiesLawUSA, PC, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Candelaria Mining is a Canada-based gold development and exploration company with a significant upside in a portfolio of projects in Mexico, one of the world's best mining jurisdictions. Candelaria's goal is to produce 100,000+ ounces of gold per year at its flagship project, Caballo Blanco, to successfully complete construction and produce from the Pinos District project, and to further explore the KM66 project.
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
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SOURCE OTC Markets Group Inc.