Lode Gold changes US trading symbol to LODFF, sparking market reactions
- Lode Gold Resources has moved its trading from OTCQB to OTCQX under the symbol LODFF as of December 10, 2024.
- The company continues to trade on the TSX Venture Exchange under the symbol LOD.V.
- The updates are anticipated to enhance Lode Gold's visibility and trading ability in the US market.
In Canada, Lode Gold Resources Inc. has made strategic updates to its trading status on the United States Over-The-Counter market, specifically shifting its shares from the OTCQB to the OTCQX under the same ticker symbol, LODFF, effective December 10, 2024. This change is aimed at enhancing the company's exposure and trading capacity in the US market. Despite this update, Lode Gold will continue its trading activities on the TSX Venture Exchange in Canada under the ticker LOD.V, maintaining its operations within the Canadian market. The company controls substantial land assets in the Yukon and New Brunswick regions, highlighting its strong position in high-grade gold deposits, significantly in the Tombstone Gold Belt and Acadian Gold projects respectively. In Yukon, Lode Gold's Golden Culvert and WIN Projects span about 99.5 km² with a documented high-grade mineralization over 27 kilometers. A NI 43-101 technical report supporting the resource has recently been released in May 2024, affirming the project's potential. Concurrently, the Acadian Gold JV in New Brunswick has become one of the largest land packages in the region, consisting of approximately 420 km². A technical report from August 2024 indicates that this area has a rich history of gold production with extensive underground workings and drilling results. Overall, these updates reflect Lode Gold's robust commitment to expanding its footprint and enhancing shareholder value in the gold mining sector.