OTC Markets Group Welcomes Ascendant Resources to OTCQX
NEW YORK, Sept. 5, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Ascendant Resources Inc. (TSX: ASND; OTCQX: ASDRF), a mining company focused on operations in Honduras, has qualified to trade on the OTCQX (R) Best Market. Ascendant Resources upgraded to OTCQX from the Pink (R) market.
Ascendant Resources begins trading today on OTCQX under the symbol "ASDRF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We congratulate Ascendant Resources on upgrading to join our family of established, investor-focused U.S. and global companies on OTCQX," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX will allow Ascendant Resources to expand its shareholder base and visibility in the U.S. market by providing U.S. investors with efficient trading and convenient access to its news and financial disclosure."
Ascendant Resources was sponsored for OTCQX by Katten Muchin Rosenman LLP, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Ascendant Resources Inc.
Ascendant Resources Inc. is a mining company focused on its producing zinc-lead-silver El Mochito Mine which has been in operation for over 70 years. Since acquiring the mine in December of 2016, Ascendant has increased throughput by more than 30%, has had success with its restarted exploration activities and has now achieved positive EBITDA as of July. With the price of zinc hitting a 10-year high, Ascendant is one of the few small cap pure play zinc producers benefitting from these improving zinc market fundamentals. For more information on Ascendant Resources, please visit our website at www.ascendantresources.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX (R) Best Market, the OTCQB (R) Venture Market, and the Pink (R) Open Market for 10,000 U.S. and global securities. Through OTC Link (R) 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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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCEOTC Markets Group Inc.
