Capitan Silver has started trading on the OTCQX Best Market under the symbol CAPTF, in what the company described as an important step in its current growth phase.
The OTCQX Best Market is designed for established, investor-focused US and international companies. To qualify, businesses must meet high financial standards, follow best-practice corporate governance and demonstrate compliance with applicable securities laws.
The company said its move from the OTCQB to the OTCQX marks a significant milestone, as it will help strengthen its visibility among US investors and further validate its corporate standards.
Capitan Silver CEO Alberto Orozco said the upgrade comes at an “exciting” moment in the company’s growth trajectory, coinciding with the launch of the largest drilling program in its history.
The drill campaign is aimed at expanding the Cruz de Plata Silver-Gold Project, located in Mexico, at depth and demonstrating its large-scale potential.
Capitan Silver is a Canadian mineral explorer focused on the discovery and advancement of its wholly owned Cruz de Plata Project in Durango, Mexico.
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