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The list includes both international and US companies traded on the market and is formulated by weighting a company's total return and average daily dollar volume growth throughout 2023.

C. Geoffrey Hampson, executive chairman of Soma Gold's board, is acting as interim CEO.

The consolidation will be on the basis of one new post-consolidation common share for every 10 pre-consolidation common shares, per Libero.

"The move to the OTCQX Market is a crucial step in our ongoing development to foster increased confidence among current and prospective investors," said Geoff Hampson, executive chairman.

"Frontera's ratings and outlook reflect its small and concentrated production profile and weak proved developed producing reserve life of 2.6 years as of year-end 2022," stated Fitch.

Frontera board chair Gabriel de Alba called the discovery another positive development for the company's "potentially transformational investments in Guyana."

The entry fee will cost Canadians 256,000 Colombian pesos and is being imposed in line with the international norm of "reciprocity," according to Migration Colombia.

"It is a busy and exciting time for the company with five drill rigs now operating at site,” said Ari Sussman, executive chairman at Collective Mining.

New exploration and drilling in Colombia and Ecuador came alongside the Canadian company's large Guyana discovery this quarter.

If the block proves to have the "significant potential" that the company expects, Frontera could upgrade its exploration license to the development phase.