Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Regulatory

Kirkland Lake's shares to move from OTCID to OTCQB

KLDC · Price

Executive Summary

  • Kirkland Lake Discoveries Corp. has been approved for an uplisting of its common shares from the OTCID to the OTCQB Venture Market, with trading under the new symbol KLKLF beginning immediately.
  • The company will continue to trade on the TSX Venture Exchange under the symbol KLDC.
  • The move aims to provide U.S. investors with easier trading in U.S. dollars, real-time Level 2 quotes, broader broker compatibility, and DTC eligibility for electronic clearing and settlement.

Key Details

  • Listing Change: Common shares uplisted from OTCID to OTCQB Venture Market.
  • Trading Symbols: New symbol KLKLF on OTCQB; existing symbol KLDC remains on TSX Venture Exchange.
  • Effective Date: Trading begins at market open on the date of the release.
  • OTCQB Eligibility: Company is current in financial reporting, passed minimum bid price test, and underwent annual company verification and management certification.
  • Strategic Benefits for U.S. Investors:
    • Ease of trading in U.S. dollars during U.S. market hours.
    • Access to real-time Level 2 quotes for better price discovery.
    • Removal of brokerage restrictions/surcharges associated with lower-tier markets.
    • DTC eligibility for electronic clearing and settlement, reducing time and cost.
  • Recent Corporate Milestones:
    • Successful closing of the Mirado gold project acquisition earlier this month.
    • Commencement of a 25,000-metre drill program.
  • Company Portfolio: 400-square-kilometre exploration portfolio in the Kirkland Lake region of Ontario's Abitibi greenstone belt.
  • Active Projects: KL South, KL West, and KL East, with exploration permits in place and drill-ready targets identified.

Notable Quotes

  • "Our move to the OTCQB is specifically designed to bridge the gap for our American investors... This increased accessibility comes at a critical time as we ramp up exploration at our KL West property and integrate the Mirado gold project into our portfolio." — Stefan Sklepowicz, Chief Executive Officer
Read the original news release →

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