Disclosure NewswireTMiCrowdNewswire - Sep 14, 2016
Vancouver, British Columbia – Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (FSE: ZEON) is pleased to announce that the Company’s common shares will begin trading on the OTCQB, a U.S. based stock exchange, under the symbol “CNZCF” effective today. The Company’s shares will continue to be traded on the Toronto Venture Exchange under its existing symbol “CNZ”.
OTC Markets Group Inc., located in New York, N.Y., operates the world’s largest electronic inter-dealer quotation system. It offers transparent trading to entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. Their standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
Ray Paquette, CEO stated, “as our business continues to expand, trading in the U.S. is an important next step for the Company’s corporate growth, allowing for greater visibility with U.S. investors and increasing the Company’s opportunities in global capital markets; all of which are in line with the Company’s objective to gain access to a broader investment community, strengthen its financing flexibility, and provide greater liquidity for its shareholders.”
Canadian Zeolite Is a producer of the natural occurring mineral zeolite from its quarry near Princeton, BC, Canada. Zeolite has many “Green Tech” applications and is widely used in multiple cross industry applications ranging from water purification to radioactive waste containment. Zeolite is also used in the areas of odor reduction for municipal composting, zeoponics and zeolitic fertilizers for greenhouse and outdoor growing mediums, animal feed supplement, road salt replacement and waste-water filtration.
On behalf of the Board of Directors
President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated work programs and the timing and amount of expenditures. Canadian Zeolite does not assume the obligation to update any forward-looking statement.