OTC Markets Group Inc (OTCQX:OTCM) said Organic Garage Ltd (TSX-V:OG) (OTCQX:OGGFF) (FRA:9CW1), one of Canada’s leading independent organic grocers, has qualified to trade on the OTCQX Best Market, upgrading from the Pink market.
"The commencement of trading on the OTCQX will provide a large US investor base with the opportunity to participate directly in Organic Garage's ongoing growth. Trading on OTCQX will enhance our share liquidity and widen the reach and awareness of our products and services," Organic Garage president and chief executive Matt Lurie said in a statement.
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“Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws,” added OTC Markets Group.
OTC operates financial markets for 11,000 US and global securities.
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