The OTC Markets Group Inc. just announced its 2022 OTCQX 2022 Best 50 stocks. According to the OTC Markets Group press release, “The 2022 OTCQX Best 50 companies traded an aggregate $594 million in average daily dollar volume in 2021, up from $123 million in 2020. The companies delivered to investors a median total return of 81% in 2021. The median market cap for the companies ranked in this year’s list was just under $200 million, and among them were 9 companies with a market cap greater than $1 billion.” Some of the top companies that made the list include InPlay Oil Corp. (TSX:IPO) (OTCQX:IPOOF), Nanalysis Scientific Corp. (OTC:NSCIF)(TSXV:NSCI), Constantine Metal Resources Ltd. (TSXV:CEM)(OTC:CNSNF), Filo Mining Corp. (TSX:FIL) (OTC:FLMMF), Journey Energy Inc. (TSX:JOY)(OTC:JRNGF).
Look at InPlay Oil Corp. (TSX:IPO)(OTCQX:IPOOF), For Example
InPlay Oil Corp.just announced it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2022 OTCQX Best 50 were ranked based on their performance in 2021.
Doug Bartole, President and Chief Executive Officer of InPlay, commented: “We are very pleased with InPlay’s inclusion in the OTCQX Best 50 list. InPlay was the third best performer on the OTCQX Best Market based on 2021 total return and average daily dollar volume growth. This is a welcome recognition of the value we have created for shareholders through the measured growth and financial performance of our company. It is also a testament to the hard work and dedication of our employees and management team, strong guidance from our board of directors and the support of our lenders and shareholders. Looking forward, we are more excited than ever as InPlay has positioned itself in its strongest financial and operational position to date. We remain committed to delivering disciplined growth and strong returns to our shareholders.”
For the complete 2022 OTCQX Best 50 ranking, visit
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
Other related developments from around the markets include:
Nanalysis Scientific Corp. just announced it entered into a letter of intent to acquire QUAD Systems AG (Quad Systems), a Zurich-based Nuclear Magnetic Resonance (NMR) company focused on high-field NMR for pharmaceutical and other vertical markets. Quad Systems and Nanalysis have been working together as strategic partners for over a year in a collaborative OEM agreement to partner going to market with a complete high field NMR product offering. Quad Systems was founded by Dr. Klemens Kessler, who assembled a world class team of very experienced and talented magnetic resonance experts, with a mission to bring back innovation to NMR, which has been stifled over the last decade. Quad Systems holds key patents and IP, as well as important technology partnerships, that will allow it to carve out significant market share in the established billion dollar per year high-field NMR market.
Constantine Metal Resources Ltd. announced an agreement to acquire a 100% interest in the 3,016 acres (1221 hectares) Hornet Creek property located in the Hornet Creek mining district of west-central Idaho, USA. The Hornet Creek property is located within the Blue Mountains region that is host to several gold-enriched volcanogenic massive sulphide prospects and deposits that are considered to be similar in age to Constantine’s Palmer project deposits in southeast Alaska. The Property is situated in an area with excellent access and infrastructure, and is amenable to year round exploration. Primary industries within the region currently include logging and ranching, with active mining occurring as recently as the mid-1980s at the nearby Iron Dyke high-grade copper-gold mine.
Filo Mining Corp. provided initial assay results and an update on the Filo del Sol drilling program. Drill hole FSDH055A returned 64.0 m at 1,213.8 g/t Ag and 0.49 g/t Au from a depth of 362m; this represents the best intersection of high-grade silver on the project to date.
A total of 5,000m of diamond drilling has now been completed during the current program, with one hole (FSDH054) completed to a depth of 1,370m and five holes currently underway.
Commenting on the initial results, Jamie Beck, President and CEO stated, "Hole 55A is one of the longest, highest-grade silver intercepts seen globally in a long time. It is a great reminder of the outstanding precious metal content of this remarkable deposit and demonstrates that we've got a significant silver deposit contained within the major copper-gold deposit at Filo del Sol. This hole also adds to the evidence that the area around hole FSDH041 is one of the centres of the system and we look forward to assays from additional step-out holes in this area."
Journey Energy Inc. announced its financial and operating results for the three and nine month periods ending September 30, 2021. Highlights for the third quarter and year to date for 2021 are as follows: Generated $92.2 million of net income in the third quarter or $2.02 per basic, weighted average share ($1.79 per diluted share). $85.0 million of the net earnings in the quarter relate to a recovery of prior period impairments on oil and gas assets, the value of which has appreciated significantly during 2021. Realized third quarter Adjusted Funds Flow of $12.0 million or $0.26 per weighted average basic share ($0.23 per diluted share). Achieved sales volumes of 8,164 boe/d in the third quarter. Liquids (crude oil and natural gas liquids) accounted for 3,848 Boe/d or 47% of total production during the quarter.
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