President & Executive Chairman, Cameron McCallSource: Twitter
- Macarthur Minerals (MIO) began trading on the OTCQB Venture Market today, expanding its exposure to over-the-counter (OTC) markets in the U.S.
- The company will begin trading effective immediately under the symbol MMSDF
- The OTCQB is a developmental stage marketplace for international and U.S. companies that enables them to trade with U.S. investors
- To be eligible to trade, companies must undergo annual verifications, pass a minimum bid price test, and be up-to-date in their financial reporting
- Macarthur first announced its intention to re-list on the OTCQB in mid-May, and then cleared the final regulatory hurdle in early August
- Macarthur is currently down 4.55 per cent and shares are trading for 52.5 cents each