Vancouver's Sunridge Gold Corp. (CVE:SGC) said on Monday that it has commenced trading on the US-based OTCQX international, under the ticker symbol "SGCNF".
The OTCQX International is a tier of the U.S. Over-the-Counter (OTC) marketplace, which gives non-U.S. companies access to U.S. investors, without the duplicative regulatory costs required of listing on a traditional U.S. exchange.
The OTC is a medium for broker dealers to trade unlisted stocks, electronically. The platform supports an open network of competing broker-dealers that provide investors with prices in over 10,000 securities.
Sunridge Gold explores base and precious metal projects, with its primary project being the Asmara Project in Eritrea. It also has exploration properties in Madagascar.
Currently, the company has 117 million shares outstanding, and about $16 million in cash.
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