NEW YORK, May 15, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced SilverCrest Metals Inc. (TSX-V: SIL; OTCQX: SVCMF), a Canadian precious metals exploration company, has qualified to trade on the OTCQX® Best Market. SilverCrest Metals upgraded to OTCQX from the Pink® market.
SilverCrest Metals begins trading today on OTCQX under the symbol "SVCMF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"Trading on OTCQX will allow SilverCrest Metals to efficiently leverage its existing TSX Venture listing to build visibility and provide a more transparent trading market for U.S. investors," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We are pleased to welcome SilverCrest Metals to the OTCQX Best Market."
N. Eric Fier, President and CEO of SilverCrest Metals stated: "We are excited about moving to the OTCQX market and it is an important step forward for us as we continue our efforts on increasing awareness, visibility and liquidity for the Company. We believe it will provide us with an opportunity to expand our current U.S. shareholder base and a better trading platform for the investors in general."
SilverCrest Metals was sponsored for OTCQX by DORSEY & WHITNEY LLP, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects through discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.
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
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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SOURCE OTC Markets Group Inc.