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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.
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Jun 25, 2026 · 06:00