Blanket Mine parent company Caledonia Mining Corporation on Monday began trading its shares on OTCQX International, the premier tier of the United States Over-the-Counter (OTC) market.
In a statement Caledonia said Collins Stewart LLC will serve as the corporation’s principal American liaison on OTCQX responsible for providing guidance on OTCQX requirements and US securities laws.
“Caledonia Mining Corporation is pleased to announce the commencement of trading in its shares this morning on the OTCQX International, the premier tier of the US Over-the-Counter market,” reads part of the statement.
Caledonia’s chief executive officer Stefan Hayden said: “We are very pleased to be a part of OTCQX and believe trading on the highest tier of the OTC will provide Caledonia with enhanced market access to a larger spread of institutional investors and with improved liquidity.
We are confident that the move to the more transparent, premier tier OTCQX market will provide the United States investment community with improved access to Caledonia.”
The OTCQX marketplace is the premier tier of the US Over-the-Counter market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information and easy access through their regulated US broker-dealers.
The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on US exchange.