Meren Energy talks US investor visibility boost – ICYMI

Core Insights - Meren Energy Inc has upgraded its trading status from OTC Pink to OTCQX, enhancing its investor engagement strategy and visibility in capital markets [1][3][4] Company Strategy - The upgrade is part of a broader plan for more active engagement with investors and sell-side analysts, following a strategic consolidation deal that doubled the company's reserves and production [2][3] - The OTCQX listing is expected to improve visibility on market data systems used by brokers and funds, thereby attracting more coverage and supporting investor relations outreach in the U.S. markets [4][5] Cost Efficiency - The upgrade to OTCQX is described as cost-effective, providing many benefits of a full listing at a lower cost and regulatory burden, while maintaining high standards of Canadian disclosure [5] Upcoming Events - The company plans to publish its third quarter results on November 13, with the potential for declaring another quarterly dividend, which could bring total annual distributions to $100 million [6] - Operational catalysts include restarting infill drilling in Nigeria, progressing the Preowei project towards a final investment decision, and potential high-impact exploration in Namibia with the Venus discovery [7]