Lavras Gold Graduates To The US OTCQX Trading Platform


(MENAFN- GlobeNewsWire - Nasdaq) TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Lavras Gold
Corp. (TSX-V: LGC, OTCQX: LGCFF)
has qualified to trade on the OTCQX Best Market, graduating from the OTCQB Venture Market in less than one year, and begins trading on that platform
today. Lavras Gold
will continue to trade under its previous OTC symbol,“LGCFF”.

“After going public on the Toronto Venture Exchange in April of 2022, Lavras Gold
began trading on the US OTCQB platform
in February of 2023 and is pleased that growth in that short period of time has allowed us to upgrade to the OTCQX,” commented Michael Durose, President and CEO of Lavras Gold
.“The US represents a significant investment
market
for Lavras Gold
. Trading on the OTCQX allows Lavras to have access to large numbers of quality investors and for those same quality investors to have access to Lavras Gold
on a familiar and easily accessible platform
. We look forward to the broader market
exposure and to interacting with those investors whose preference is to trade on this platform
.”

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

About OTC Markets Group Inc.

OTC Markets Group Inc.
operates regulated market
s for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public market
s: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

About Lavras Gold

Lavras Gold
(TSXV: LGC, OTCQX: LGCFF) is a Canadian exploration company focused on realizing the potential of a multi-million-ounce gold
district in southern Brazil. Its Lavras do Sul Project is located in Rio Grande do Sul State and is primarily an intrusive hosted gold
system of possible alkaline affinity. More than 24 gold
prospects centred on historic gold
workings have been identified on the property, which spans more than 22,000 hectares.

Follow Lavras Gold
on , as well as on LinkedIn , Twitter , and YouTube .

Contact information

Michael Durose , President & CEO, or Naomi Nemeth , Vice President, Investor Relations
+1-289-624-1377 |

DISCLAIMER AND FORWARD-LOOKING INFORMATION

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release.


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