NEW YORK, March 12, 2018
NEW YORK, March 12, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced New Pacific Metals Corp. (TSX-V: NUAG; OTCQX: NUPMF), a Canadian exploration and development company, has qualified to trade on the OTCQX® Best Market. New Pacific Metals upgraded to OTCQX from the Pink® market.
New Pacific Metals begins trading today on OTCQX under the symbol "NUPMF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome New Pacific Metals to the OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "New Pacific Metals is the fifteenth company listed on a Canadian exchange to begin cross-trading its shares on OTCQX to date this year. Our OTCQX market enables international companies to more efficiently provide transparency and information to U.S. investors."
"In response to investor interest we have chosen to have New Pacific Metals' shares traded on the OTCQX, enabling greater exposure and accessibility for our a U.S. and global shareholder base," said President, Gordon Neal. "New Pacific Metals looks forward to broadening its shareholder base further through the OTCQX platform."
New Pacific Metals was sponsored for OTCQX by Euro Pacific Capital Inc., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About New Pacific Metals Corp.
New Pacific is a Canadian exploration and development company which owns the Silver Sand Project in the Potosi Department of Bolivia, the Tagish Lake gold project in Yukon, Canada and the RZY Project in Qinghai Province, China. Its largest shareholders are Silvercorp Metals Inc. (TSX/NYSE American: SVM), the largest primary silver producer in China, and Pan American Silver Corp. (TSX/NASDAQ: PAAS), one of the world's largest primary silver producers, which operates six mines, including the San Vicente mine located in the Potosi Department of Bolivia.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® 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
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SOURCE OTC Markets Group Inc.