Gatling Exploration Inc (CVE:GTR) (OTCMKTS:GATGF) kicked off trading on the OTCQX Tuesday, with shares in the Canadian gold exploration group – which trades under the symbol GATGF - popping by more than 3% in late morning trade.
Intent on widening its base of investors and bolstering liquidity, Gatling graduated to the OTCQX after trading on the OTCQB Venture Market.
READ: Gatling Exploration eyeing productive Fall as it continues to de-risk exciting Ontario gold project
“Gatling Exploration Inc utilized our OTCQB Venture Market to build its valuation and liquidity as a public company,” said Jason Paltrowitz, an executive vice president of corporate services with the OTC Markets Group.
Gatling’s main aim currently is to advance its Larder Gold project, which is located in the greenstone belt in Northern Ontario. This property is home to a trio of high-grade gold deposits along the Cadillac-Larder lake break. The 3,370-hectare project area is located about 7 km west of the Kerr Addison Mine, which produced 11 million ounces of gold. All parts of the Larder property are accessible by either trucks or all-terrain vehicles.
Gatling shares jumped 3.2% to US$0.38 on OTC markets as midday approached and Proactive went to press.
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