Chalice Gold Mines Ltd. secured approval to trade on the OTCQB Venture Market in the U.S. using the CGMLF ticker.
Chalice said Aug. 19 that the new listing will allow it to access a transparent trading platform unlike the restricted OTC Pink platform and provides the benefit of being publicly traded in the U.S. cost with lower cost and complexity compared to a full U.S. exchange listing.
No new securities were issued as part of the new OTCQB listing.
Chalice recently agreed to sell its Chalice Gold Mines (Quebec) Inc. subsidiary, holder of the East Cadillac and Kinebik gold projects in Quebec, to Chantrell Ventures Corp. for C$12 million in shares.
