FINWIRES · TerminalLIVE
FINWIRES

Crossroads Gold Begins Trading on the OTCQB

-- Crossroads Gold (CRG.V) on Friday said that its common shares began trading today on the OTCQB Venture Market in the United States under the symbol 'CRGCF'.

The company said its common shares will continue to trade on the TSX Venture Exchange under the symbol 'CRG'.

"The commencement of trading on OTCQB marks another important milestone for Crossroads as we expand our presence in the U.S. capital markets," said Rex Motton, Chief Executive Officer and Director of Crossroads. "Following our recent listing on the TSX Venture Exchange, we are committed to broadening our shareholder base and believe this is an important next step. Listing on the OTCQB enhances accessibility for U.S.-based investors to participate in the Company's growth as we advance our exploration portfolio in Australia. The OTCQB is an efficient way for Crossroads to access the largest pool of equity capital in the world, while simultaneously offering potential investors in the United States enhanced trading visibility and liquidity."

Related Articles

Asia

Shakti Pumps (India) Invests INR100 Million in EV Mobility Unit

Shakti Pumps (India) (NSE:SHAKTIPUMP, BOM:531431) said it has invested 100 million Indian rupees in its wholly owned subsidiary Shakti EV Mobility by subscribing to 10 million equity shares, according to a Tuesday filing to the Indian stock exchanges.Shares of the company rose 1% in Wednesday's trade.With this, Shakti Pumps' total investment in the EV mobility unit has increased to 650 million Indian rupees, the filing said.The investment is aimed at supporting business expansion of the subsidiary, it added.

$BOM:531431$NSE:SHAKTIPUMP
Asia

Challenger's Fiscal 2026 Q3 Update Missed Consensus Across Key Life Metrics, Jarden Says

Challenger's (ASX:CGF) fiscal 2026 third-quarter update missed consensus across key Life metrics, with FM outflows significantly worse than expected, driven by institutional equity mandate attrition in both Australian and global equities, according to a Tuesday note by Jarden.The firm's redemption of all CGFPC notes on May 25 simplifies the capital structure, reduces the AT1 coupon burden, and is earnings-per-share accretive.Jarden sees balanced risk/reward for Challenger in the future, with catalysts including capital management flexibility from the Australian Prudential Regulation Authority reform, as well as expanding retirement partnerships across superfunds.It lowered its fiscal 2026 sales forecast to reflect weaker institutional fixed-term sales, partially offset by higher retail annuity sales as partnerships come online.The investment firm retained its neutral rating on Challenger and raised the price target to AU$8.70 per share from AU$8.60 per share.

$ASX:CGF
Asia

Proya Cosmetics 2025 Profit Down 4%, Revenue Slips 2%

Proya Cosmetics (SHA:603605) posted 2025 attributable net profit of 1.50 billion yuan, down 3.5% from 1.55 billion yuan the previous year.Earnings per share slid to 3.80 yuan from 3.92 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue declined 1.7% year over year to 10.6 billion yuan from 10.8 billion yuan.Shares of the cosmetics maker were up over 1% in recent trade.

$SHA:603605