Upside Gold Corp. announced that its common shares have begun trading on the OTCQB Venture Market in the United States under the symbol UGODF. The company's shares will continue to trade on the Canadian Securities Exchange under the symbol UG and on the Frankfurt Stock Exchange under the symbol 47I. This move represents a strategic step for the Canadian gold-copper exploration company as it seeks to expand its investor base and enhance trading accessibility.
Chief Executive Officer Sophy Cesar stated that the OTCQB listing broadens Upside's exposure to U.S. investors and represents an important step in building a more diversified shareholder base. Improved trading accessibility and liquidity are key as the company continues to advance its Kena Gold-Copper Project and communicate the scale of the opportunity. Access to U.S. capital markets is increasingly important for growth-stage exploration companies and allows Upside to engage a broader audience as it executes on its growth strategy.
The OTCQB Venture Market is designed for early stage and developing U.S. and international companies. Investors can find real-time quotes and market information for the company on www.otcmarkets.com. This additional trading venue provides American investors with easier access to the company's shares, potentially increasing liquidity and market visibility.
Upside Gold Corp. is focused on advancing the Kena Gold-Copper Project through systematic exploration and drilling programs. The project is located in southeastern British Columbia, approximately 7 kilometres southwest of Nelson. It consists of 198 mineral claims covering 10,114.8 hectares, together with 11 crown grants covering approximately 92 hectares. The Kena Project hosts a historical gold resource, though the company notes that a Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources, and Upside Gold is not treating the historical estimate as current mineral resources.
The historical resource estimate is disclosed in the technical report entitled NI 43-101 Resource Estimate for the Kena and Daylight Properties prepared by Sue Bird, P.Eng. of Moose Mountain Technical Services, dated May 3, 2021, and filed on SEDAR on behalf of West Mining Corp. The company emphasizes that the historical estimate is provided for information purposes only and should not be relied upon. This trading development comes as Upside Gold continues to develop its exploration portfolio and strengthen its position in the mineral exploration sector.
