News Article
Opel begins trading in the U.S. on OTCQX International
The global supplier of solar related products and III-V compound semiconductor device and process developer, has begun trading in this U.S. stock market
Opel Technologies has begun trading in the United States on the OTCQX International under the symbol “OPELF”.
Opel sees a significant benefit to being traded on the OTCQX. The Company believes it will gain greater exposure and liquidity in the United States without the regulatory expense of traditional U.S. listings.
“It has been a near-term strategy of the Company to increase the liquidity of our shares, and we exhibited our commitment to that goal by upgrading to the top tier of the OTC market. Achieving our membership on the OTCQX provides Opel significant accessibility to high liquidity institutional and retail investors in the United States,” says Leon M. Pierhal, CEO of Opel Technologies Inc.
Pierhal adds, “The U.S. is the world leader in clean energy and semiconductor investing, and we look forward to sharing Opel’s growth story and opportunities with the OTCQX investor base which will benefit all shareholders.”
Pierce Atwood, LLP will serve as Opel’s Principal American Liaison, responsible for providing guidance on OTCQX requirements and U.S. securities law.
Opel common shares will continue to trade in Canada on the TSX Venture Exchange under the “OPL” symbol.
