Northwire Canada EditionSunday, November 8, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Regulatory

OTC Markets Group Welcomes K2 Gold Corp to OTCQX

K2 Gold Secures OTCQX Listing Amidst Permitting Clarity and Strong Treasury Position

Executive Summary
  • Listing Upgrade: K2 Gold Corp has successfully qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market.
  • Trading Symbol: Shares will trade under the symbol "KTGDF" effective immediately on the OTCQX.
  • Operational Context: The upgrade coincides with the company preparing to commence drilling at its flagship Mojave project and awaiting assay results from the recently completed Si2 project in Nevada.
  • Financial Validation: The move signals compliance with higher financial and corporate governance standards, reinforcing the strength of the recent C$25.25 million financing closed in February 2026.
  • Treasury Position: Recent disclosures indicate a treasury balance of approximately $33.9 million with no outstanding warrants as of March 10, 2026.
Material Impact
  • Liquidity and Access: The OTCQX upgrade improves visibility and accessibility for U.S. investors compared to the OTCQB tier, potentially broadening the shareholder base beyond Canadian retail investors.
  • Incremental Value: While positive, this is an administrative milestone rather than a fundamental asset change; the primary value drivers (permitting approval and capital raise) were already materialized in April and February 2026 respectively.
  • Market Expectations: Given the sequence of events—Financing (Feb), Permitting (Apr), then Listing Upgrade (Apr)—this upgrade was likely anticipated by investors tracking the company's de-risking progress, making it a routine confirmation rather than an unexpected shock.
  • No Dilution Risk: The absence of outstanding warrants noted in the April 8 news release removes immediate dilution concerns associated with this listing transition.
KTO · Price
Company Overview
  • Flagship Project (Mojave): 100% owned oxide gold project in California covering 5,830 hectares. Key targets include Dragonfly Zone (historic intercept: 86.9m @ 4.0g/t Au) and Newmont Zone.
  • Secondary Projects: Si2 Gold Project (Nevada) targeting low-sulphidation epithermal gold; Wels Project (Yukon) on the Tintina Gold Belt with historic high-grade intercepts.
  • Operational Status: Mojave is permit-ready for drilling following BLM Record of Decision in April 2026. Si2 drill program completed March 2026 awaiting assays.
  • Management: Led by Anthony Margarit (CEO) and Eric Buitenhuis (VP Exploration, Qualified Person). Board includes directors with experience from Great Bear Resources, Freeport McMoRan, and Kaminak.
Read the original news release →

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