Press Release: Bri-Chem Corp. Announces Listing on the U.S. OTCQB
Edmonton, Alberta–(Newsfile Corp. – August 29, 2024) – Bri-Chem Corp. (TSX: BRY) (OTCQB: BRYFF), a prominent North American oilfield chemical distribution and blending company, is pleased to announce that its common shares have been approved for listing on the U.S. OTCQB.
Trading of the Company’s common shares on the OTCQB Venture Market (“OTCQB”) has commenced under the ticker symbol BRYFF. The common shares will continue to be traded on the TSX under the symbol BRY.
Don Caron, Chairman & Chief Executive Officer of Bri-Chem Corp., stated, “We are thrilled to share the news of our recent OTCQB listing. This listing will enhance Bri-Chem’s visibility and facilitate greater engagement with our U.S. investor base as we expand our market presence in the United States and Canada.”
About the OTCQB
The OTCQB provides Canadian companies with the opportunity to be publicly traded in the U.S. without the complexities and costs associated with a listing on a U.S. exchange. Streamlined market standards allow Canadian companies to offer a strong level of transparency to attract and engage U.S. investors. Eligibility for the OTCQB requires Canadian companies to maintain current reporting and undergo an annual verification process.
Trading on the OTCQB enables Canadian companies to access U.S. investors efficiently, thereby enhancing shareholder value, liquidity, and fair valuations. The OTCQB ensures transparency and visibility, providing a conducive environment for investors.
The OTCQB is recognized by the U.S. Securities and Exchange Commission as a reputable public market that offers valuable information for analyzing and valuing securities. This platform allows companies to reach a wider network of U.S. investors through U.S. platforms and portals. Investors can access real-time quotes and market information for Bri-Chem Corp. on their website.
About Bri-Chem
Bri-Chem has positioned itself as the leading wholesale distributor and blender of oilfield drilling and production chemical fluids in North America through strategic acquisitions and organic growth. With 25 strategically located warehouses across Canada and the United States, Bri-Chem sells, blends, packages, and distributes a comprehensive range of drilling fluid products.
For more information about Bri-Chem Corp., visit their website or refer to their filings on sedarplus.ca.
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Forward-Looking Statements
Certain statements in this press release constitute forward-looking information or statements related to future events or performance. While the Company believes these statements are reasonable, there are risks and uncertainties that could lead to actual results differing from expected outcomes. The Company does not undertake to update forward-looking statements unless required by law.
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