OceanaGold (Philippines), Inc. has qualified to trade on the OTCQX Best Market in the United States under the ticker symbol OGPIF, a move the company said will help broaden its global investor reach following its 2024 listing on the Philippine Stock Exchange.
OTCQX is the highest tier of the U.S. over-the-counter markets, allowing strong and well-governed international companies to make their shares accessible to American investors without undergoing a full U.S. exchange listing.
OceanaGold Philippines President Atty. Joan Adaci-Cattiling said the new trading platform is expected to enhance liquidity, improve transparency, and attract a wider pool of global investors by providing easier access to company disclosures and real-time quotes.
“Following our successful initial public offering on the Philippine Stock Exchange in May 2024, we continue to broaden our investor reach and strengthen market engagement. Trading on the OTCQX makes OceanaGold Philippines more accessible to global investors and supports our strategy to improve liquidity and transparency across key capital markets,” she said.
OceanaGold Philippines operates the Didipio gold-copper mine in Luzon under a Financial or Technical Assistance Agreement. The company said it will continue focusing on safe operations, operational efficiency, and maximizing free cash flow for shareholders.
The announcement also included standard forward-looking statements and risk reminders related to mining operations, regulatory developments, and commodity price movements.
Do you think more Philippine mining firms should take a similar step to improve access for foreign investors?
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