NEW YORK, Jan. 05, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced FPX Nickel Corp. (TSX-V: FPX; OTCQX: FPOCF), an advanced mineral exploration company focused on the development of the Baptiste Nickel Project, has qualified to trade on the OTCQX® Best Market. FPX Nickel Corp. upgraded to OTCQX from the OTCQB® Venture Market. FPX Nickel Corp. begins trading today on OTCQX under the symbol “FPOC ...

Core Insights - Erdene Resource Development Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies an important milestone for the company [1][3]. Company Overview - Erdene Resource Development Corp. is a Canadian-based resource company focused on gold production at the Bayan Khundii Gold Mine in Mongolia, which is characterized as high-grade and low-cost [4]. - The company is also involved in the exploration and development of precious metals and mineral deposits in Mongolia, with key projects including Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar [4]. - The Bayan Khundii and Altan Nar projects are located within the Tian-Shan copper-gold belt in southwest Mongolia, while the Zuun Mod project is situated within 200 kilometers of China's border [4]. Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and adhere to best practice corporate governance [3]. - Graduating to the OTCQX Market allows companies like Erdene to enhance visibility among U.S. investors and broaden their shareholder base [3][4].

Core Insights - Saltire Capital Ltd. has qualified to trade on the OTCQX® Best Market, upgrading from the OTCID™ Basic Market, which enhances its visibility and accessibility for U.S. investors [1][3] - The trading symbol for Saltire Capital Ltd. on OTCQX is "SLTEF," and U.S. investors can access its financial disclosures and real-time quotes on the OTC Markets website [2] - The upgrade to OTCQX signifies adherence to high financial standards, best practice corporate governance, and compliance with applicable securities laws, which is crucial for companies aiming to provide transparent trading for U.S. investors [3] Company Overview - Saltire Capital Ltd. is a long-term capital partner that invests in equity, debt, and hybrid securities of high-quality private companies, focusing on undervalued businesses with potential for significant long-term value improvement [4] - The company typically targets investments in private companies with high barriers to entry, predictable revenue streams, and defensive characteristics, while also considering opportunities in small and micro-cap public companies when appropriate [4] Industry Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing a data-driven disclosure standard that underpins its public markets, including OTCQX® Best Market [5] - The OTC Link® Alternative Trading Systems (ATSs) facilitate trading for broker-dealers, enhancing market efficiency and access for companies seeking to enter the U.S. financial markets [5][6]

Core Insights - Southpoint Bancshares Inc. has qualified to trade on the OTCQX Best Market, marking a significant upgrade from the Pink market, which enhances its visibility among U.S. investors [1][3][4] Company Overview - Southpoint Bancshares Inc. operates primarily in the domestic commercial banking industry and is based in Alabama. Its subsidiary, SouthPoint Bank, was established in 2005 and provides full-service banking primarily in central and northern Alabama [5] - The company acquired Merchants Bank of Alabama in January 2022, further expanding its operations [5] Market Context - The OTCQX Market offers a premium platform for investor-focused companies, requiring them to meet high financial standards and adhere to best practices in corporate governance [3] - The upgrade to OTCQX is expected to attract new capital and broaden the shareholder base for Southpoint Bancshares Inc. as it continues to expand its operations [4]