Business
Pancontinental Resources Targets U.S. Investors, Now Trading on the OTCQB Venture Market Under Ticker Symbol PUCCF
Toronto, Ontario--(Newsfile Corp. - September 21, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ("Pancon" or the "Company") received t
About this update from Carolina Rush Corporation
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - September 21, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) (\"Pancon\" or the \"Company\") received trading approval from OTC Markets in order to increase accessibility to U.S.-based retail and institutional investors. Pancon is now actively trading on the OTCQB Venture Market under ticker symbol PUCCF and the company profile can be viewed at https://www.otcmarkets.com/stock/PUCCF/overview. Pancon President and CEO Layton Croft stated: \"Pancon's flagship Brewer-Jefferson Gold Projects are located in the heart of the gold-rich Carolina Slate Belt and a 75-minute drive to Charlotte, NC, the second largest financial center in the U.S. The Carolina Slate Belt, located across the southeastern U.S., is exceptionally endowed, underexplored, and an exciting gold exploration region in safe, pro-mining jurisdictions. While Pancon's listing on the TSX Venture exchange remains our primary capital market, there is growing U.S. retail and institutional investor interest in Pancon. Trading on the OTCQB Venture Market increases our visibility and accessibility to U.S. investors who want exposure to Pancon's Brewer Gold Project and the Carolina Slate Belt.\" The OTC Venture Market (OTCQB) offers developing Canadian companies the benefits of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Streamlined market standards enable Canadian companies to provide a strong baseline of transparency to inform and engage U.S. investors. To be eligible, Canadian companies must be current in their SEDAR reporting and undergo an annual verification and management certification process. As a verified market with efficient access to U.S. investors, the OTCQB helps Canadian companies build shareholder value with a goal of enhancing liquidity and achieving fair valuation. As a result, more Canadian companies are traded on OTC Markets than on NYSE, NYSE MKT and NASDAQ combined. The key benefits of trading on the OTC Markets includes efficient market standards, transparency, and visibility. Companies may leverage their SEDAR disclosure (SEC Exchange Act Rule 12g3-2(b)). There are no Sarbanes-Oxley and SEC Reporting requirements to trade on OTCQB, bypassing burdensome, costly and duplicative NYSE and NASDAQ listing requirements. OTCQB is recognized by the SEC ...