NEW YORK, Oct. 26, 2016 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000
U.S. and global securities, today announced Ivanhoe Mines Ltd.
(TSX: IVN; OTCQX: IVPAF), a Canadian mining company focused on
advancing its three principal projects in Sub-Saharan Africa, has
qualified to trade on the OTCQX® Best Market. Ivanhoe Mines upgraded to OTCQX from the Pink®
market.
Ivanhoe Mines begins trading
today on OTCQX under the symbol "IVPAF." U.S. investors can
find current financial disclosure and Real-Time Level 2 quotes for
the company on www.otcmarkets.com.
"Trading on OTCQX will allow Ivanhoe
Mines to efficiently leverage its existing Toronto Stock
Exchange listing to build visibility, expand access to its news and
financial disclosure and provide a more transparent trading market
for U.S. investors," said Jason
Paltrowitz, Executive Vice President of Corporate Services
at OTC Markets Group. "We look forward to supporting
Ivanhoe Mines and its shareholders
in the public markets."
"We have been fortunate to enjoy the longstanding support of
prominent, U.S.-based institutions during the building of our
company," said Ivanhoe Mines'
Executive Chairman Robert Friedland.
"Significant advances that we've reported in the work in progress
at our three outstanding mine development projects in Sub-Saharan
Africa are helping to generate growing investor awareness and
interest in Ivanhoe. In the United
States, this timely upgrade to OTCQX will provide improved
accessibility and liquidity for a broad range of private and
institutional investors."
Dorsey & Whitney LLP serves as Ivanhoe Mines' OTCQX Advisor, responsible for
providing professional guidance on OTCQX requirements.
Ivanhoe Mines is advancing its
three principal projects in Sub-Saharan Africa: Mine development at
the Platreef platinum-palladium-gold-nickel-copper discovery on the
Northern limb of South Africa's
Bushveld Complex; mine development and exploration at the Kamoa
Copper Project - which includes the Kakula high grade copper
discovery - on the Central African Copperbelt in the DRC; and
upgrading and exploration at the historic, high-grade Kipushi
zinc-copper-lead-germanium mine, also on the DRC's Copperbelt.
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
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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SOURCE OTC Markets Group Inc.