NEW YORK, Sept. 5, 2017 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000
U.S. and global securities, today announced Ascendant Resources
Inc. (TSX: ASND; OTCQX: ASDRF), a mining company focused on
operations in Honduras, has
qualified to trade on the OTCQX® Best Market. Ascendant Resources
upgraded to OTCQX from the Pink® market.
Ascendant Resources begins trading today on OTCQX under the
symbol "ASDRF." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"We congratulate Ascendant Resources on upgrading to join our
family of established, investor-focused U.S. and global companies
on OTCQX," said Jason Paltrowitz,
Executive Vice President of Corporate Services at OTC Markets
Group. "Trading on OTCQX will allow Ascendant Resources to expand
its shareholder base and visibility in the U.S. market by providing
U.S. investors with efficient trading and convenient access to its
news and financial disclosure."
Ascendant Resources was sponsored for OTCQX by Katten Muchin
Rosenman LLP, a qualified third-party firm responsible for
providing guidance on OTCQX requirements and recommending
membership.
About Ascendant Resources Inc.
Ascendant Resources
Inc. is a mining company focused on its producing zinc-lead-silver
El Mochito Mine which has been in operation for over 70 years.
Since acquiring the mine in December of 2016, Ascendant has
increased throughput by more than 30%, has had success with its
restarted exploration activities and has now achieved positive
EBITDA as of July. With the price of zinc hitting a 10-year high,
Ascendant is one of the few small cap pure play zinc producers
benefitting from these improving zinc market fundamentals. For more
information on Ascendant Resources, please visit our website at
www.ascendantresources.com.
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.