Northwire Canada EditionSaturday, July 11, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Other Routine +

Hemlo Mining Corp. Commences Trading on the OTCQX Best Market in the United States

Hemlo Mining Expands U.S. Access via OTCQX Listing Amidst TSX Graduation Push

Executive Summary
  • Hemlo Mining Corp. commenced trading on the OTCQX Best Market in the United States under ticker symbol HMMCF as of April 23, 2026.
  • The listing is part of a strategy to enhance liquidity and provide U.S. investors with streamlined access to shares in U.S. dollars.
  • Company targets graduation from TSX Venture Exchange (TSX-V) to Toronto Stock Exchange (TSX) on or before July 14, 2026.
  • CEO Jason Kosec states the move reflects confidence in the asset and ambition to reach institutional and retail investors globally.
  • This follows conditional approval for TSX graduation announced April 20, 2026.
Material Impact
  • The OTCQX listing is a positive liquidity event but does not fundamentally alter the company's operational or financial profile compared to previous announcements.
  • It validates the capital markets strategy outlined in the April 20 TSX graduation news and the acquisition completion in December 2025.
  • Market reaction has been muted relative to prior catalysts; price declined from $7.14 (April 20) to $6.35 (April 22), suggesting liquidity improvements are already priced in or overshadowed by broader market correction.
  • The news is expected given the trajectory of the company post-acquisition and does not constitute a material change in valuation drivers like production, reserves, or debt structure.
HMMC · Price
Company Overview
  • Hemlo Mining Corp. is a Canadian mid-tier gold producer focused on the Hemlo Gold Mine in Marathon, Ontario.
  • Flagship Asset: Hemlo Gold Mine acquired from Barrick Mining Corporation for approximately US$1.1 billion in November 2025.
  • Historic Production: The mine has produced ~25 million ounces of gold since 1985 with a 40-year production history.
  • Current Status: Underground operations active; open-pit re-establishment (Williams pit) planned for ~2028.
  • Exploration Strategy: Aggressive brownfield exploration program targeting resource conversion and growth in C-Zone, E-Zone, and B-Zone Footwall.
Read the original news release →

More from Hemlo Mining Corp.