Business
OTC Markets Group Welcomes Newly Verified OTCQB Companies – January 6
OTC Markets Group Welcomes Newly Verified OTCQB Companies – January 6.
About this update from Canaquest Medical Corporation
[{"type":"text","content":"OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced the following company is verified for trading on the OTCQB® Venture Market: Algae Dynamics Corp. (OTCQB: ADYNF) – Algae Dynamics is engaged in the commercialization of its proprietary BioSilo algae cultivation system for the high volume, low cost production of pure contaminant-free algae biomass. This biomass is high in Omega-3s DHA/DPA, vitamins, minerals and antioxidants, all of which are in demand by the growing multibillion dollar food/beverage and health care sectors. The company has been collaborating with scientists at the University of Waterloo, in Waterloo, Ontario Canada. It plans to build its first commercial scale BioSilo cultivation system within 6 months after financing. It estimates that the global market for Omega-3 oils was $14.5 billion in 2013 and is expected to reach $21.7 billion by 2019, a compound annual growth rate 7.0%. It estimates the global Chlorella market was $210.3 million in 2014 and is expected to reach $265.5 million in 2018. Health supplements comprise the signal largest use of Omega-3 oils in North America, while Chlorella is used in over 1,000 products in the food and beverage markets. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for this company on www.otcmarkets.com. About OTC Markets GroupOTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial markets, visit www.otcmarkets.com. OTC Link ATS is operated by OTC Link LLC, me...