Orogen Royalties Trades on OTCQX, Targets U.S. Investors

Orogen Royalties Inc. began trading on the OTCQX Best Market under the symbol OGNNF, the company said Thursday. It upgraded from the OTCQB Venture Market. The move gives U.S. investors access to real-time Level 2 quotes and financial disclosure.

The OTCQX market is the top tier of OTC Markets Group, reserved for companies that meet high financial standards and follow best-practice governance. Orogen CEO Paddy Nicol said the qualification "enables Orogen to enhance its visibility and liquidity with U.S. investors."

Trading in non-U.S. North American securities on OTC Markets reached $23.4 billion in the second quarter, an 88% jump from the same period last year. Canada was among the top home markets by volume, OTC Markets said.

Orogen is a royalty and exploration company focused on precious and base metals. Its portfolio includes the Arthur Gold project in Nevada, where AngloGold Ashanti is the operator. AngloGold Ashanti carries an Alpha Score of 70 out of 100, according to AlphaScala. The company also holds royalties on the Ermitaño project, now in production under First Majestic Silver.

Orogen uses a prospect generation model, staking early-stage projects and partnering them out while retaining royalty upside. The company's strategy has produced two discoveries: Ermitaño and Arthur Gold. Orogen's 1.0% net smelter return on Arthur Gold was sold to Triple Flag in 2025.