Business
TIMIA Capital Shares Commence Trading on the OTCQB Venture Market
TIMIA Capital Shares Commence Trading on the OTCQB Venture Market Canada NewsWire ...
About this update from Montfort Capital Corp
[{"type":"text","content":"\n\n\n\nTIMIA Capital Shares Commence Trading on the OTCQB Venture Market\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Sept. 9, 2019\n\n\n\n~Application in place for DTC eligibility to afford US investors faster settlement on trades~\n VANCOUVER, Sept. 9, 2019 /CNW/ - TIMIA Capital Corporation (\"TIMIA\" or the \"Company\") (TSX-V:TCA; OTCQB: TIMCF) today announced that shares of the company have been approved and will commence trading on the OTCQB Venture Market (\"OTCQB\") under the symbol TIMCF, effective today. \nThe Company has also applied to the Depository Trust Company (\"DTC\") for both DTC and CNS eligibility to greatly reduce the cost and simplify the process of trading in its common shares on the OTCQB in the United States. The Company is seeking to be fully DTC eligible in the coming weeks.\n\"Upgrading to the OTCQB Venture Market and DTC eligibility is a critical step in increasing our U.S. investor audience, enhancing our liquidity and increasing the visibility of our company within the U.S. capital markets,\" said Mike Walkinshaw, CEO of TIMIA. \"We have steadily increased our financing for U.S.-based SaaS companies, making trading on OTCQB in the U.S. complementary and a platform to further expand our brand south of the border.\"\nThe OTCQB is a U.S. trading platform operated by the OTC Markets Group, located in New York. The OTC Markets Group operates financial markets for approximately 10,000 U.S. and global securities. The OTCQB's high standards for quality and transparency provide a strong and reliable platform for engaging with U.S. investors.\nAbout OTC Markets GroupOTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS, it connects a diverse network of broker-dealers that provide liquidity and execution services.  OTC Markets Group enables investors to easily trade through the broker of their choice and empower companies to i...