Newzulu To Commence Trading On OTCQX In The USA

+ Newzulu commences trading on OTCQX under ticker NWZLY.

+ OTCQX listing to provide Newzulu greater access to USA investors.

+ Bank of New York Mellon appointed as depository bank.

+ Madison Capital appointed as Principal American Liaison ("PAL").

Feb 01, 2016, 11:24 ET from Newzulu Limited

NEW YORK, Feb. 1, 2016 /PRNewswire/ -- Newzulu Limited (ASX: NWZ, OTCQX: NWZLY, Newzulu, Company), the world's leading crowd-sourced media company, is pleased to announce that its American Depositary Receipts (ADRs) shall commence trading on 1 February 2016 (US EDT) on the OTCQX market (www.otcmarkets.com) in the US under the stock ticker NWZLY. It is expected the listing on OTCQX, will provide Newzulu greater access to US investors. The OTCQX market includes over 350 companies with over US$1.4 trillion in market capitalization and over $36.1 billion in annual dollar volume. Newzulu has appointed Bank of New York Mellon ("BNY Mellon") as its depositary bank, Madison Capital as its Principal American Liaison and DresnerAllenCaron as its investor relations advisor.

Newzulu will soon be providing all shareholders further information regarding the Ordinary Share Conversion Program for Newzulu's shareholders that will be provided by BNY Mellon for Newzulu's shareholders for a period of ninety (90) days from the date trading commences.

This quotation marks a significant milestone for the Company as it advances its next phase of development in the USA market. The timing of the OTCQX quotation follows the relocation of management resources to Newzulu's New York office and an increasing focus on the USA market from a technology sales and editorial perspective, given its scale and the interest from a range of major prospective clients, partners and investors in North America.

The OTCQX allows for the trading of American Depositary Receipts (ADRs) by which foreign companies can have their shares traded in the USA market. Two hundred Newzulu Ordinary shares will represent one ADR on the OTCQX, with an initial price of US$5.00 per ADR. Investors can find real-time quotes, disclosures and financial information about Newzulu at www.otcqx.com

Hartman said: "The listing of Newzulu ADRs on the OTCQX market will provide Newzulu with direct access to US investors and a higher profile in the US where so many of the Company's clients and prospective investors are based. As Newzulu shifts its operational focus to North America, the OTCQX listing will provide the Company with access to the largest capital market in the world and to a new range of investors looking for high growth international businesses like Newzulu that are seeking to build out US operations. We were delighted to work with OTC Markets, Bank of New York Mellon and Dresner Allen Caron to launch the ADR."

For further information please contact: 


Alexander Hartman 

Karen Logan

Executive Chairman  

Company Secretary

E: alexassistny@newzulu.com  

E: karen@newzulu.com



USA investor contact: 

USA media contact:

Rudy Barrio   

Len Hall

DresnerAllenCaron 

DresnerAllenCaron

T: +1 212 691 8087 

T: + 1 949 474 4300

E: rbarrio@dresnerallencaron.com  

E: lhall@dresnerallencaron.com

About Newzulu

Newzulu is a crowd-sourced media company allowing anybody anywhere with a mobile device and a story to share news, get published, and get paid. Headquartered in Paris, Newzulu operates bureaus in London, New York, Los Angeles, Toronto and Sydney. Further information can be found onwww.newzululimited.com.

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SOURCE Newzulu Limited



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