In the third quarter of 2017, 102 microcap issuers listed on the OTCQX, OTCQB, or OTCPINK announced M&A transactions. The combined disclosed transaction value of these 102 transactions was over $560 million. Average individual transaction value for the quarter was $14 million. In Q3, average disclosed purchase consideration consisted of 42% cash, 52% stock and 6% seller debt. Full list of last quarter's acquirers below. Q2 2017 - OTC MicroCap M&A: Nouveau Monde Graphite Inc