Bri-Chem Corp. Common Shares Accepted for Listing on U.S. OTCQB Exchange
Bri-Chem Corp (TSX: BRY) (OTCQB: BRYFF), a leading North American oilfield chemical distribution and blending company, has announced that its common shares have been accepted for listing on the U.S. OTCQB Venture Market. The company's shares have begun trading under the ticker symbol BRYFF, while continuing to trade on the TSX under the symbol BRY.
Don Caron, Chairman & CEO, expressed excitement about the OTCQB listing, stating that it will help increase Bri-Chem's visibility and allow for greater engagement with their U.S. investor base. This move aligns with the company's efforts to advance its market presence in both the United States and Canada.
Bri-Chem Corp (TSX: BRY) (OTCQB: BRYFF), un'azienda leader nella distribuzione e miscelazione di prodotti chimici per il settore petrolifero in Nord America, ha annunciato che le sue azioni ordinarie sono state accettate per la quotazione sul U.S. OTCQB Venture Market. Le azioni dell'azienda hanno iniziato a essere scambiate con il simbolo ticker BRYFF, continuando a essere negoziate sul TSX con il simbolo BRY.
Don Caron, Presidente e CEO, ha espresso entusiasmo riguardo alla quotazione sull'OTCQB, affermando che contribuirà ad aumentare la visibilità di Bri-Chem e faciliterà un maggiore coinvolgimento con la loro base di investitori negli Stati Uniti. Questa mossa è in linea con gli sforzi dell'azienda per migliorare la propria presenza sul mercato sia negli Stati Uniti che in Canada.
Bri-Chem Corp (TSX: BRY) (OTCQB: BRYFF), una empresa líder en la distribución y mezcla de productos químicos para la industria del petróleo en América del Norte, ha anunciado que sus acciones ordinarias han sido aceptadas para cotizar en el U.S. OTCQB Venture Market. Las acciones de la compañía han comenzado a negociarse bajo el símbolo ticker BRYFF, mientras que continúan negociándose en el TSX con el símbolo BRY.
Don Caron, Presidente y CEO, expresó su entusiasmo por la cotización en el OTCQB, afirmando que ayudará a aumentar la visibilidad de Bri-Chem y permitirá un mayor compromiso con su base de inversores en EE. UU. Este movimiento está alineado con los esfuerzos de la empresa por avanzar en su presencia en el mercado tanto en Estados Unidos como en Canadá.
Bri-Chem Corp (TSX: BRY) (OTCQB: BRYFF), 북미의 석유 화학 유통 및 혼합 분야의 선두 기업은 자사의 보통주가 U.S. OTCQB Venture Market에 상장되었다고 발표했습니다. 회사의 주식은 BRYFF이라는 티커 심볼로 거래를 시작했으며, 계속해서 TSX에서 BRY라는 심볼로 거래되고 있습니다.
Don Caron 회장 겸 CEO는 OTCQB 상장에 대한 기대를 표명하며, 이는 Bri-Chem의 가시성을 높이고 미국 투자자들과의 참여를 증대시킬 것이라고 밝혔습니다. 이 조치는 미국과 캐나다 모두에서 시장 존재감을 확장하려는 회사의 노력과 일치합니다.
Bri-Chem Corp (TSX: BRY) (OTCQB: BRYFF), une entreprise leader dans la distribution et le mélange de produits chimiques pour le secteur pétrolier en Amérique du Nord, a annoncé que ses actions ordinaires ont été acceptées pour être cotées sur le U.S. OTCQB Venture Market. Les actions de la société ont commencé à être échangées sous le symbole boursier BRYFF, tout en continuant à être échangées sur le TSX sous le symbole BRY.
Don Caron, Président et PDG, a exprimé son enthousiasme concernant la cotation sur l'OTCQB, déclarant que cela aidera à accroître la visibilité de Bri-Chem et permettra un plus grand engagement avec sa base d'investisseurs aux États-Unis. Ce mouvement s'inscrit dans les efforts de l'entreprise pour accroître sa présence sur le marché tanto aux États-Unis qu'au Canada.
Bri-Chem Corp (TSX: BRY) (OTCQB: BRYFF), ein führendes Unternehmen in der nordamerikanischen Verteilung und Mischung von Chemikalien für die Ölindustrie, hat bekannt gegeben, dass seine Stammaktien zur Notierung am U.S. OTCQB Venture Market akzeptiert wurden. Die Aktien des Unternehmens haben mit dem Tickersymbol BRYFF den Handel aufgenommen, während sie weiterhin am TSX unter dem Symbol BRY gehandelt werden.
Don Caron, Vorsitzender und CEO, äußerte seine Begeisterung über die Notierung am OTCQB und erklärte, dass dies dazu beitragen wird, die Sichtbarkeit von Bri-Chem zu erhöhen und eine größere Interaktion mit ihrer US-Investorenbasis zu ermöglichen. Dieser Schritt steht im Einklang mit den Bemühungen des Unternehmens, seine Marktpräsenz sowohl in den Vereinigten Staaten als auch in Kanada auszubauen.
- Listing on OTCQB Venture Market potentially increases visibility to U.S. investors
- Dual listing on TSX and OTCQB may improve liquidity for shareholders
- None.
Edmonton, Alberta--(Newsfile Corp. - August 29, 2024) - Bri-Chem Corp. (TSX: BRY) (OTCQB: BRYFF) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, announces that its common shares have been accepted for listing on the U.S. OTCQB.
The Company's common shares have begun trading on the OTCQB Venture Market ("OTCQB") under the ticker symbol BRYFF. The Company's common shares will continue to trade on the TSX under the symbol BRY.
Don Caron, Chairman & Chief Executive Officer, comments, "We are very excited to announce our recent OTCQB listing. As the Company continues to advance its market presence in the United States and Canada, the OTCQB listing will help increase Bri-Chem's visibility and will allow for greater engagement with our U.S. investor base."
About the OTCQB
The OTCQB offers Canadian companies the benefits of being publicly traded in the U.S. without the complexity and cost of a U.S. exchange listing. Streamlined market standards enable Canadian companies to provide a strong baseline of transparency to inform and engage U.S. investors. Canadian companies must be current in their reporting and undergo an annual verification and management certification process to be eligible.
As a verified market with efficient access to U.S. investors, the OTCQB helps Canadian companies build shareholder value to enhance liquidity and achieve fair valuations. These standards provide a strong baseline of transparency, as well as the technology and regulations to improve the trading experience for investors. The key benefits of trading on the OTC Markets include efficient market standards, transparency, and visibility.
The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market providing public information for analysis and valuation of securities. Companies engage a far greater network of U.S. investors, data distributors and media partners, ensuring U.S. investors have access to the same high-quality information available to investors in Canada but through U.S. platforms and portals to conduct research. Investors can find real-time quotes and market information for the Company on www.otcmarkets.com.
About Bri-Chem
Bri-Chem has established itself, through a combination of strategic acquisitions and organic growth, as the North American industry leader for wholesale distribution and blending of oilfield drilling, completion, stimulation and production chemical fluids. We sell, blend, package and distribute a full range of drilling fluid products from 25 strategically located warehouses throughout Canada and the United States. Additional information about Bri-Chem is available at www.sedarplus.ca or at Bri-Chem's website at www.brichem.com.
To receive Bri-Chem news updates send your email to ir@brichem.com.
For further information, please contact:
Tony Pagnucco CPA, CA
Bri-Chem Corp.
CFO
T: (780) 571-8587
E: tpagnucco@brichem.com
Forward-Looking Statements
Certain statements contained in this news release constitute forward-looking information or forward-looking statements, as defined under applicable Canadian securities legislation (collectively, "forward-looking statements"). These statements relate to future events or future performance and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including the results of listing on the OTCQB. The use of any of the words "could", "should", "anticipates", "plans", "intends", "expects", "believes", "continue", "forecasts", "will", "estimated", "projected" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking statements and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.
Although the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. By their nature, such forward-looking statements are subject to various risks and uncertainties, which could cause actual results to differ materially from the anticipated results or expectations expressed herein. These risks and uncertainties, include, but are not limited to general economic conditions, prevailing and anticipated industry conditions, access to debt and equity financing on acceptable terms, levels and volatility of commodity prices, maintained demand for drilling fluids, market forces, ability to achieve geographic expansion through new warehouse locations, anticipated impact of new warehouse locations, ability to obtain equipment from suppliers, ability to maintain negotiating power with suppliers and customers, ability to obtain and retain skilled personnel, competition from other industry participants and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release or otherwise. Except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221575
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