Nevada King's OTCQX Leap: A Strategic Play for U.S. Gold Investors

VANCOUVER, BC – June 26, 2026 – Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) has executed a significant maneuver to broaden its appeal to American investors, graduating its U.S. common shares from the OTCQB Venture Market to the prestigious OTCQX Best Market. This move, effective today, is far more than a technical change in trading venue; it represents a calculated strategy to amplify corporate visibility and attract serious U.S. capital at a pivotal moment for the company's flagship mining project in Nevada.

The Ascent to a Premier Market

Graduating to the OTCQX is a clear signal of corporate maturation. As the highest tier of the OTC Markets Group, the platform is reserved for established, investor-focused companies that meet stringent criteria. To qualify, Nevada King had to demonstrate high financial standards, adhere to best-practice corporate governance, and maintain strict compliance with securities laws. Unlike lower-tiered markets, the OTCQX explicitly excludes speculative penny stocks, shell companies, and firms in bankruptcy, providing an inherent layer of quality assurance for investors.

This upgrade validates the company's commitment to transparency and robust governance, placing it in the company of larger, more established international firms. The move directly supports the company's strategy to expand its presence in North American capital markets. John Sclodnick, CEO of Nevada King, commented on the milestone, stating, "Trading on the OTCQX is a major milestone that directly supports our strategy to expand Nevada King's reach across North American capital markets." He emphasized that a strategic share consolidation completed on May 7, 2026, was a "key catalyst" that enabled the company to meet the financial and share price thresholds required for this premium tier.

Unlocking Value for U.S. Investors

The upgrade is designed to have a direct and positive impact on U.S. investors. By trading on OTCQX, Nevada King's shares become more accessible and visible to a broader audience, from institutional funds to retail investors, who may have mandates against investing in OTCQB-listed stocks. The platform provides enhanced transparency through more readily available disclosures and greater liquidity, which can lead to more efficient price discovery and tighter bid-ask spreads.

The groundwork for this move was laid nearly two months ago with a 1-for-5 share consolidation. This corporate action, which reduced the number of outstanding shares from approximately 501.8 million to 100.3 million, was critical for lifting the share price above the minimum thresholds required for the OTCQX. While consolidations can sometimes be viewed with skepticism, in this context, it was a clear strategic tool to unlock access to a superior market. As Sclodnick noted, the upgrade is expected to "streamline the investment process for our U.S. partners," making it simpler and more efficient for them to participate in the company's growth story.

The Engine: Atlanta Gold Mine's Expanding Potential

While the market listing is the headline, the engine driving Nevada King's value proposition is its 100%-owned Atlanta Gold Mine project. The company's strategic market moves are underpinned by significant operational progress at this vast 130km² land package, located on the prolific Battle Mountain trend in southeast Nevada. This past-producing mine is not a speculative greenfield play; it comes with a substantial, defined resource.

The project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020,000 ounces of gold in the measured and indicated category, plus an additional inferred resource of 99,000 ounces. This provides a solid foundation of value, but the company is aggressively exploring for more. In a sign of confidence, Nevada King recently doubled its Phase 4 drill program from 20,000 meters to an ambitious 40,000 meters of reverse circulation (RC) drilling. This expanded program is designed to test district-scale targets and significantly expand the known mineralization footprint. Recent approvals from the Bureau of Land Management (BLM) for new drill sites in high-potential areas further demonstrate that the company is not just planning but actively executing its growth strategy on the ground.

A Calculated Move in a Bullish Gold Sector

Nevada King's elevation to the OTCQX comes at an opportune time for the gold sector. After a period of volatility, many analysts are bullish on the long-term price of gold, with some major financial institutions forecasting prices could reach new highs by 2027. This macroeconomic tailwind provides a favorable environment for junior explorers and developers.

Furthermore, the gold mining industry faces a systemic "replacement problem," where major producers are struggling to replace their depleting reserves. This puts a premium on companies like Nevada King that are successfully discovering and delineating large-scale gold deposits in safe, top-tier jurisdictions like Nevada. By securing a premium U.S. listing at the same time its drill rigs are turning, Nevada King is positioning itself squarely in the sightlines of a capital market—and a corporate M&A market—actively searching for the next generation of gold assets. The move to OTCQX enhances its credibility and visibility, making it a more attractive partner and investment for those looking to gain exposure to new gold discoveries.