In what Canadian mining company Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) calls an “important milestone,” the company has now started trading on the OTCQX Best Market rather than the OTCQB Venture Market that it had been trading on until January 12.
It will trade under the symbol SMAGF on the new market, which the firm says it has now qualified for after sufficiently demonstrating compliance with relevant securities laws in addition to following required corporate governance and financial standards.
“We are delighted to have met the stringent requirements set by the OTCQX Market, reflecting our dedication to upholding the highest standards of corporate governance and financial reporting,” said Geoff Hampson, executive chairman of Soma Gold, in a statement.
“The move to the OTCQX Market is a crucial step in our ongoing development to foster increased confidence among current and prospective investors,” added Hamposon.
We remain committed to creating value as we continue to grow and expand our operations and presence in the market.”