VANCOUVER, BC, Sept. 18,
2023 /CNW/ - OceanaGold Corporation (TSX:
OGC) ("OceanaGold" or the "Company") is pleased to
announce that it has qualified to trade on the OTCQX market in
the United States. OceanaGold
begins trading today on the OTCQX® Best Market under the symbol
"OCANF". U.S. investors can find current financial disclosure and
real-time level 2 quotes for the company on www.otcmarkets.com.
Gerard Bond, President & CEO
of OceanaGold said, "Trading on the OTCQX will enhance access to
OceanaGold shares for more U.S. investors. This is part of our
broader strategy to be closer and more accessible to our North
American investors, following the delisting from the ASX in
2022."
Upgrading to the OTCQX Best Market is an important step for
companies seeking to provide transparent trading for their U.S.
investors. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance and
demonstrate compliance with applicable securities laws.
B. Riley Securities, Inc. acted as the company's OTCQX
sponsor.
www.oceanagold.com | Twitter: @OceanaGold
About OceanaGold
OceanaGold is a growing intermediate gold and copper producer
committed to safely and responsibly maximizing the generation of
Free Cash Flow from our operations and delivering strong returns
for our shareholders. We have a portfolio of four operating mines:
the Haile Gold Mine in the United States
of America; Didipio Mine in the
Philippines; and the Macraes and Waihi operations in
New Zealand.
About OTC Markets Group
Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets
for trading 12,000 U.S. and international securities. Their
data-driven disclosure standards form the foundation of our three
public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink®
Open Market. Our OTC Link® Alternative Trading Systems (ATSs)
provide critical market infrastructure that broker-dealers rely on
to facilitate trading. Their innovative model offers
companies more efficient access to the U.S. financial markets. OTC
Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated
ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
Cautionary Statement for Public
Release
Certain information contained in this public release may be
deemed "forward-looking" within the meaning of applicable
securities laws. Forward-looking statements and information relate
to future performance and reflect the Company's expectations
regarding the generation of free cash flow, execution of business
strategy, future growth, future production, estimated costs,
results of operations, business prospects and opportunities of
OceanaGold Corporation and its related subsidiaries. Any statements
that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions
or future events or performance (often, but not always, using words
or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or
"intends", or stating that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved) are not statements of historical fact and may be
forward-looking statements. Forward-looking statements are subject
to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those expressed in the
forward-looking statements and information. They include, among
others, the accuracy of mineral reserve and resource estimates and
related assumptions, inherent operating risks and those risk
factors identified in the Company's most recent Annual Information
Form prepared and filed with securities regulators which is
available on SEDAR at www.sedar.com under the Company's name. There
are no assurances the Company can fulfil forward-looking statements
and information. Such forward-looking statements and information
are only predictions based on current information available to
management as of the date that such predictions are made; actual
events or results may differ materially as a result of risks facing
the Company, some of which are beyond the Company's control.
Although the Company believes that any forward-looking statements
and information contained in this press release is based on
reasonable assumptions, readers cannot be assured that actual
outcomes or results will be consistent with such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements and information. The Company expressly
disclaims any intention or obligation to update or revise any
forward-looking statements and information, whether as a result of
new information, events or otherwise, except as required by
applicable securities laws. The information contained in this
release is not investment or financial product advice.
SOURCE OceanaGold Corporation