GWR Global Water Resources Begins Trading on OTCQX®
NEW YORK, April 3, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that GWR Global Water Resources Corp. (TSX: GWR; OTCQX: GWGWF) has been approved to trade on OTCQX®, the best marketplace with qualified companies. GWR was established to acquire an equity interest in Global Water Resources, Inc., a U.S., pure-play, water resource management company based in Phoenix, Arizona, that owns and operates water, wastewater and recycled water utilities.
GWR begins trading today on OTCQX under the ticker "GWGWF." U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Financial disclosure and other information about the company are also available at www.gwresources.com.
"We welcome GWR to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "As an innovator in the conservation and reuse of one of the world's most precious natural resources – water, GWR will be a great addition to the many pioneering U.S. and global companies trading on OTCQX. We look forward to working with GWR's management team as they continue to grow their company and provide a shareholder-friendly trading and information experience for their U.S. investors."
"We currently have many U.S. shareholders and believe there are other U.S. residents that seek exposure to the company's stock. Trading on OTCQX will make it easier for U.S. investors to acquire and trade our stock and will also serve to increase our share liquidity and awareness of our company in the U.S.," said Trevor Hill, Chairman of GWR.
Merriman Capital serves as GWR's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.