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OTC Markets Group Welcomes Seneca Bancorp, Inc. to OTCQX
Globenewswire· 2025-10-16 11:00
Core Insights - Seneca Bancorp, Inc. has qualified to trade on the OTCQX® Best Market, marking a significant upgrade from the OTCID™ Basic Market [1][3][4] - The company began trading under the symbol "SNNF" and aims to enhance visibility and accessibility to U.S. investors [2][4] - This upgrade reflects the company's commitment to transparency, sound governance, and long-term shareholder value [4] Company Overview - Seneca Bancorp, Inc. is the successor to Seneca Financial Corp. and serves as the bank holding company for Seneca Savings Bank, National Association, headquartered in Baldwinsville, New York [6] - The Bank operates five full-service locations in Onondaga and Madison Counties in New York [6] Market Context - The OTCQX Market provides a premium platform for investor-focused companies, requiring high financial standards and compliance with securities laws for qualification [3][7] - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, facilitating efficient access to financial markets [7]
OTC Markets Group Welcomes MTL Cannabis Corp. to OTCQX
Globenewswire· 2025-06-10 11:00
Core Viewpoint - MTL Cannabis Corp. has successfully upgraded to trade on the OTCQX® Best Market, enhancing its visibility and accessibility to U.S. investors [1][4]. Company Overview - MTL Cannabis Corp. is engaged in the cultivation and production of cannabis products for both recreational and medical purposes in Canada [4]. - The company has transitioned from the OTCQB® Venture Market to the OTCQX® Best Market, indicating a significant milestone in its growth strategy [1][3]. Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3]. - The upgrade to OTCQX allows MTL Cannabis Corp. to demonstrate its qualifications and build visibility among U.S. investors, which is crucial for expanding its investor base and increasing liquidity [3][4]. Trading Information - MTL Cannabis Corp. began trading on OTCQX under the symbol "MTLNF," with financial disclosures and real-time quotes available for U.S. investors [2].