NetworkNewsBreaks – Redfund Capital Corp. (CSE:
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Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced approval of its common shares for up-listing of trading on the OTCQB Venture Market, a US trading platform operated by the New York-based OTC Markets Group. Effective immediately, Redfund will commence trading on the OTCQB under the symbol “PNNRF,” while continuing to trade its common shares on the CSE under the symbol “LOAN” and on under the symbol “O3X4” on the Frankfurt Exchange. “The listing of Redfund’s common stock to the OTCQB Exchange is an exciting milestone,” Redfund Capital CEO Meris Kott stated in the news release. “Even though Redfund has been a fully reporting company since its inception and listing to the Canadian Securities Exchange, or CSE, we believe that the broader exposure afforded by the OTCQB will raise our visibility within the US investment community and assist in increasing the liquidity of our common stock. In addition, we believe that trading on this established US based public market will help to generate exposure of our Company among institutional investors both in Canada, the US and Europe.”
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