NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
Post# of 252
Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced that it has submitted its formal application to list the company’s common stock on the NASDAQ Capital Market. Acceptance is subject to approval, including Petroteq’s ability to meet minimum listing requirements for the NASDAQ Capital Market. “We believe up-listing in the U.S. from the OTC Market to the NASDAQ Capital Market will increase awareness of Petroteq in the financial community,” Petroteq CEO David Sealock stated in the news release. “We believe that a NASDAQ listing will help unlock some of the shareholder value we are trying to create for our stakeholders. A NASDAQ listing should provide us with more liquidity and a larger pool of investors that use the NASDAQ Stock Market as a requirement for assembling a portfolio.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer