Proactive - Interviews for investors

Meren's Shahin Amini on benefits and significance of OTCQX upgrade

Episode Summary

Meren Energy Inc (TSX:MER, OTCQX:MRNFF) investor relations manager Shahin Amini talked with Proactive's Stephen Gunnion about the company’s upgrade from the OTC Pink to the OTCQX market, describing it as a strategic move to enhance investor outreach and market visibility. Amini said the upgrade supports Meren’s broader plan for active engagement with investors, following the company’s earlier consolidation and rebranding from Africa Oil. “The upgrade from OTC Pink to OTCQX is a very important step in our investor relations and communication plans,” he told Proactive. He explained the move is designed to boost visibility with brokers, funds and retail platforms in the US, leveraging the presence OTCQX provides on high-tier market data systems. Amini noted that OTCQX offers many of the benefits of a full listing but at a lower cost and regulatory burden, while still relying on Meren’s existing Canadian disclosure standards. Looking ahead, he flagged the upcoming Q3 results, set to be published on 13 November, with potential for another quarterly dividend—bringing the total for the year to $100 million if approved. Operational catalysts include infill drilling in Nigeria, a potential final investment decision on the Preowei project, and a high-impact exploration opportunity in Namibia. He also highlighted progress on farm-down efforts in Equatorial Guinea. Visit Proactive's YouTube channel for more company updates, and don’t forget to like the video, subscribe to the channel, and turn on notifications for future content. #MerenEnergy #OTCQX #OilAndGas #NigeriaOil #NamibiaExploration #EquatorialGuinea #InvestorRelations #DividendStocks #USInvestors #EnergyStocks #OilExploration #OTCMarkets #CapitalMarkets