Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Rich Checkan: Gold, Silver Still “Dirt Cheap” —...
Operations update with mine production up 25% QoQ
Dr. Nomi Prins: Gold, Silver, Uranium and More...
Andy Schectman: Reset Happening Now — Gold is...
Biggest Canadian Defense Contractors and ETFs in 2025
5 Best-performing Gold Stocks on the TSX in...
Barrick Mulls Canadian Exit as Mali Gold Tensions...
Apple, MP Materials Ink US$500 Million Deal to...
Silver Price Update: Q2 2025 in Review
Inflation picks up again in June as tariffs...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Investing

Cygnus Starts Trading on OTCQB Market

by admin February 15, 2025
February 15, 2025
Cygnus Starts Trading on OTCQB Market

HIGHLIGHTS:

  • Cygnus’ common shares have qualified to trade on the OTCQB ® Venture Market (‘OTCQB’), a U.S. marketplace operated by OTC Markets Group Inc. (the ‘OTC’),
  • Trading commences today under the ticker ‘CYGGF’

Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) (‘Cygnus’ or the ‘Company’) is pleased to announce that its common shares have qualified to trade on the OTCQB ® Venture Market (‘OTCQB’), a U.S. marketplace operated by OTC Markets Group Inc. (the ‘OTC’), and will commence trading today under the symbol ‘CYGGF’. The common shares of the Company will continue to trade on the ASX and TSX Venture Exchange.

Cygnus Executive Chair David Southam said   : ‘Given the strong outlook for copper, it is an ideal time to trade on the OTCQB. This will help to make the Company accessible to a growing range of U.S. investors and further increase liquidity and visibility in North America.  We have the potential to unlock substantial value with the high-grade resource already defined and the immense upside at the Chibougamau Copper-Gold Project. We have started an aggressive drilling and geophysics program focussed on achieving strong resource growth and testing new targets at a time when the world desperately wants more copper from tier-one locations’.

Trading of Cygnus shares on the OTC imposes no additional compliance or regulatory standards over and above the Company’s existing compliance requirements as an Australian incorporated entity listed on the Australian Securities Exchange and TSX Venture Exchange. OTC trading is non-dilutive to existing Cygnus shareholders, as no new shares are being issued to enable trading on the OTC.

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 11,000 U.S. and global securities. Through its regulated OTC Link ® Alternative Trading Systems, the company connects a diverse network of broker-dealers that provide liquidity and execution services. The OTC enables investors to easily trade through the broker of their choice and empowers companies to improve the quality of information available for their investors.

The OTCQB is recognized as an ‘established public market’ by the U.S. Securities and Exchange Commission and is a leading market for U.S. and international companies in the entrepreneurial and development stage. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and detailed certification process. The OTCQB quality standards are expected to provide increased transparency and more detail on market depth including greater disclosure of market makers as well as improved liquidity.  As a verified market with efficient access to U.S. investors, OTCQB helps companies build shareholder value with the goal of enhancing liquidity and achieving a fair valuation.

This announcement has been authorised for release by the Board of Directors of Cygnus.

David Southam
Executive Chair
T: +61 8 6118 1627
E: info@cygnusmetals.com
Ernest Mast
President & Managing Director
T: +1 647 921 0501
E: info@cygnusmetals.com
Media:
Paul Armstrong
Read Corporate
T: +61 8 9388 1474

About Cygnus Metals

Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

previous post
Mawson Finland Announces Upsize of Brokered Private Placement
next post
RETRANSMISSION: Spearmint Acquires the Sisson North Tungsten Project

You may also like

Lithium Universe LtdMOU Signed with Lafarge Canada Inc.

February 10, 2025

Submission of ASX Listing Prospectus, Proposed Fundraising to...

August 13, 2024

PGMs Surge as US Pushes G7 Sanctions, BRICS...

October 26, 2024

David Morgan: Silver to US$40 in 2025, Then...

November 28, 2024

Global Markets See Sharp Declines as US Recession...

August 7, 2024

Pink Bark: Rare Earth, Kaolin and Uranium Potential

November 4, 2024

AI Market Forecast: Top Trends That Will Affect...

December 19, 2024

What Comes After ETFs? The Case for Tokenized...

May 30, 2025

Tech 5: Bitcoin Breaks US$100,000, Saylor’s MicroStrategy Loads...

December 7, 2024

Odessa Minerals Limited (ASX: ODE) – Trading Halt

September 26, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Rich Checkan: Gold, Silver Still “Dirt Cheap” — Best Time to Buy Was Yesterday

      July 17, 2025
    • Operations update with mine production up 25% QoQ

      July 17, 2025
    • Dr. Nomi Prins: Gold, Silver, Uranium and More — I’m Focusing on What’s Real

      July 17, 2025
    • Andy Schectman: Reset Happening Now — Gold is Key, Silver Has Massive Potential

      July 17, 2025
    • Biggest Canadian Defense Contractors and ETFs in 2025

      July 17, 2025
    Promotion Image

    banner ads

    Categories

    • Business (768)
    • Economy (829)
    • Investing (2,432)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved