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OTC Markets Group Welcomes Norsk Titanium AS to OTCQX

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OTC Markets Group Inc. (OTCM) has announced that Norsk Titanium AS (NORSF), a leader in metal 3D printing, has qualified to trade on the OTCQX Best Market as of June 8, 2022, upgrading from the OTCQB Venture Market. This move is significant for Norsk Titanium as it meets higher financial standards and corporate governance criteria. Michael Canario, CEO, expressed enthusiasm for the upgrade, emphasizing its potential to enhance investor relations. Norsk Titanium's Rapid Plasma Deposition technology allows for efficient manufacturing, promoting sustainability in metal production.

Positive
  • Norsk Titanium upgraded to OTCQX market from OTCQB, indicating stronger financial standing.
  • CEO expresses commitment to growth and improved investor engagement.
  • Proprietary technology supports cost-effective, sustainable manufacturing.
Negative
  • None.

NEW YORK, June 08, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Norsk Titanium AS (Oslo: NTI; OTCQX: NORSF), a global leader in metal 3D printing, has qualified to trade on the OTCQX® Best Market. Norsk Titanium AS upgraded to OTCQX from the OTCQB® Venture Market.

Norsk Titanium AS begins trading today on OTCQX under the symbol “NORSF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

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.

“Norsk Titanium is pleased to make this move to the OTCQX market,” says Michael Canario, CEO of Norsk Titanium. “As we continue on our growth path, we are excited to partner with OTC Markets Group to serve our investor community.”

About Norsk Titanium AS
Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®) technology and 700 MT of production capacity, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.

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

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


FAQ

What is the significance of Norsk Titanium AS trading on OTCQX?

Norsk Titanium's move to OTCQX signifies compliance with higher financial standards and improved corporate governance, enhancing visibility among U.S. investors.

When did Norsk Titanium AS begin trading on OTCQX?

Norsk Titanium AS began trading on OTCQX under the symbol 'NORSF' on June 8, 2022.

What technology does Norsk Titanium use?

Norsk Titanium utilizes Rapid Plasma Deposition (RPD) technology for cost-efficient and sustainable metal manufacturing.

What market did Norsk Titanium AS upgrade from?

Norsk Titanium AS upgraded from the OTCQB Venture Market to the OTCQX Best Market.

Who is the CEO of Norsk Titanium?

The CEO of Norsk Titanium AS is Michael Canario.

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