Core Insights - Black Gold Exploration Corp. (BGX) has expanded its market presence by listing its shares on the OTCQB, CSE, and Frankfurt Stock Exchange, enhancing its visibility and accessibility to investors [1][2][3] Group 1: Market Expansion - The OTCQB listing allows BGX to reach a broader base of shareholders, particularly in North America and Europe, which is expected to recognize the potential of the company's operations in the U.S. Midwest [2] - BGX's shares will continue to trade on the Canadian Securities Exchange under the symbol "BGX" and on the Frankfurt Stock Exchange under the symbol "BLGX" [1] Group 2: Operational Developments - BGX has commenced production at its Fritz 2-30 well, retaining a 10% interest as part of a joint venture with LGX Energy Corp [2] - The company is leveraging a scalable asset base and a proven technical team to drive growth and create long-term shareholder value [3] Group 3: DTC Eligibility - BGX has received DTC eligibility, which facilitates electronic clearing and settlement of its securities, thereby speeding up the transaction process and reducing costs for brokerage firms [3] - This eligibility allows BGX's stock to be traded by a wider selection of brokerage firms, enhancing its marketability [3] Group 4: Company Overview - BGX is focused on oil and gas exploration and production in the Illinois Basin, utilizing modern drilling and completion technologies to unlock value [4] - The company aims to create shareholder value through its experienced technical team and growing asset base [4]
Black Gold Expands Market Presence with Triple Listings
Globenewswireยท2025-06-06 10:00