Mr. Paddy Nicol reports
OROGEN ROYALTIES ANNOUNCES TRADING ON THE OTCQB
Orogen Royalties Inc.'s shares have been qualified to begin trading on the OTCQB Venture Market.
Orogen Royalties begins trading today on the OTCQB under the symbol OGNNF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.
Trading on the OTCQB 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 United States. To qualify for OTCQB, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
Paddy Nicol, Orogen's president and chief executive officer, commented: "Trading on the OTCQB is an important milestone for Orogen since our relaunch in July, and provides better liquidity and easier trading to our U.S. shareholders. In due course, we will seek to upgrade trading to the top-tier OTCQX market."
About Orogen Royalties Inc.
Orogen Royalties is focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America. The company's royalty portfolio includes the Ermitano gold and silver mine in Sonora, Mexico (2.0-per-cent net smelter return royalty), operated by First Majestic Silver Corp. The company is well financed with several projects actively being developed by joint venture partners.
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