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PharmaCielo Graduates to OTCQX® Best Market and Secures DTC Eligibility

PharmaCielo Graduates to OTCQX® Best Market and Secures DTC Eligibility Canad...

articlePharmacielo Ltd.December 2, 20194/company/pharmacielo-ltd/news/pharmacielo-graduates-to-otcqxandxae-best-market-and-secures-dtc-eligibility
PharmaCielo Graduates to OTCQX® Best Market and Secures DTC Eligibility

About this update from Pharmacielo Ltd.

[{"type":"text","content":"\n\n\n\nPharmaCielo Graduates to OTCQX® Best Market and Secures DTC Eligibility\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\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Dec. 2, 2019\n\n\n\nQualification to trade on the OTCQX® Best Market is expected to offer greater visibility for the Company's shares and improved liquidity New U.S. ticker symbol (PCLOF) aligned with Company's Canadian TSX Venture Exchange (\"TSXV\") ticker PCLO DTC eligibility helps provide investors easy access and liquidity in all jurisdictions TORONTO, Dec. 2, 2019 /CNW/ - PharmaCielo Ltd. (\"PharmaCielo\" or the \"Company\") (TSXV:PCLO, OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., is pleased to announce that the Company has qualified to trade on the OTCQX® Best Market in the United States and secured Depository Trust Company (\"DTC\") eligibility. PharmaCielo's shares were previously traded on the OTC Markets' Pink® Market under the ticker \"PHCEF\" and have begun trading today on the top tier OTCQX® Best Market under an updated ticker symbol of \"PCLOF\". \n\n \n \n\n \n\"Having our shares traded on the top-tier of the OTC Markets in the U.S. is a testament to PharmaCielo's successful transition from the start-up phase into a mature medicinal cannabis company with robust operating infrastructure,\" said David Attard, CEO of PharmaCielo Ltd. \"Being traded on the OTCQX Market is expected to provide PharmaCielo with greater visibility for U.S. and international investors who are looking for opportunities to participate in the burgeoning global medical cannabis industry. In addition, DTC eligibility will provide added convenience to U.S. investors, brokers and institutions.\"\nPharmaCielo's common shares continue to trade on the TSX Venture Exchange under the symbol TSXV: PCLO. \nDTC Eligibility DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC...

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