Canary Gold Corp. announced that its common shares will begin trading on the OTCQB Venture Market, a significant development for the Canadian exploration company as it seeks to broaden its investor base during an active drilling campaign in Brazil. The shares will trade under the symbol "CNYGF" starting March 19, 2026, while the company continues its primary listings on the Canadian Securities Exchange (symbol "BRAZ") and the Frankfurt Stock Exchange (symbol "K5D").
This move to the OTCQB, operated by OTC Markets Group Inc., represents a strategic effort to increase Canary Gold's exposure to U.S. investors. The OTCQB is a recognized U.S. public market for entrepreneurial and development-stage companies that meet current reporting standards. Trading on this platform is expected to enhance the company's visibility and provide greater accessibility for trading in U.S. dollars during U.S. market hours. Real-time quotes and market information will be available at https://www.otcmarkets.com under the ticker "CNYGF," which should support increased liquidity and broader investor engagement.
The timing of this listing coincides with Canary Gold's advancement of its district-scale Madeira River Project in Brazil's Rondônia State. The company currently has a 20,000-metre, dual-rig drill program underway at the project, which covers a large, underexplored land position prospective for gold hosted in Mocururu duricrust and related paleo-channel systems within the broader Madeira River region. This exploration activity represents the company's strategy to systematically advance the project through modern exploration, target generation, and drilling with the goal of defining and unlocking the scale of the gold system across its land package.
Mark Tommasi, President of Canary Gold, commented on the significance of the OTCQB listing, stating, "Listing on the OTCQB marks an important step in expanding Canary's market presence and accessibility to U.S. investors. We believe this enhanced North American exposure will help broaden our shareholder base and elevate the Company's profile at a pivotal time, as we continue to advance exploration at the Madeira River Project and deliver consistent news flow." The company's focus remains on building long-term value through disciplined exploration in one of Brazil's historically productive gold regions, with active drilling underway and a growing geological database.
The importance of this development extends beyond mere stock listing mechanics. For U.S. investors, it provides easier access to a company engaged in substantial exploration activities in Brazil's gold sector, potentially offering exposure to discovery upside. For the mining industry, it demonstrates how junior exploration companies are leveraging multiple trading platforms to fund ambitious projects in emerging regions. The broader implication is that enhanced market access could facilitate capital formation for resource development in Brazil, a country with significant mineral potential but where exploration funding can be challenging to secure.
Canary Gold's transition to the OTCQB comes with standard regulatory considerations. The company's securities have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons unless registered or an exemption applies. As with all exploration companies, investors should consider the forward-looking nature of statements regarding exploration programs and potential results, which involve risks and uncertainties that could cause actual outcomes to differ materially from expectations.
