Black Swan Graphene (TSX-V:SWAN) Inc announced it has qualified for trading in the United States on the OTCQB Venture Market operated by the OTC Markets Group Inc as of today, under the ticker symbol “BSWGF.”
The company said the OTCQB Venture Market offers developing companies the benefits of being publicly traded in the US although with lower cost and complexity than a US exchange listing while offering investors improved visibility.
Los Angeles-based full-service investment bank B Riley (NASDAQ:RILY) Securities is acting as the company’s OTCQB Venture Market sponsor, Black Swan added.
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Black Swan CEO and president Simon Marcotte commented: “As the company continues its development and increases its communications, having access to the US financial market will allow us to broaden our shareholder base more rapidly and more efficiently."
Black Swan is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymers, Li-ion batteries, and others, which are expected to require large volumes of graphene.
The company aims to leverage the low-cost and green hydroelectricity of the province of Quebec and the proximity of the eventual graphite production sites in the province to establish a fully integrated supply chain, reduce overall costs, and accelerate the deployment of graphene usage.
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