NEW YORK, Jan. 17, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced InPlay Oil Corp. (TSX: IPO; OTCQX: IPOOF), a growth-oriented light oil development and production company, has qualified to trade on the OTCQX® Best Market. InPlay upgraded to OTCQX from the Pink® market.
InPlay begins trading today on OTCQX under the symbol "IPOOF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome InPlay to the OTCQX market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX will help InPlay expand access to its news and financial disclosure and provide a more transparent trading market for U.S. investors. We look forward to supporting InPlay and its shareholders in the public markets."
Doug Bartole President and Chief Executive Officer of InPlay Oil stated, "We are once again excited to trade in the U.S. capital markets as it was an intrinsic part of our past monetization. Joining OTCQX is an integral part of InPlay's U.S. capital markets strategy."
InPlay was sponsored for OTCQX by Dorsey & Whitney LLP, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
InPlay Oil Corp. is a high growth-oriented light oil development and production company based in Calgary, Alberta. InPlay's activity is focused on large oil in place pools with low recovery factors, low declines, and long life reserves primarily targeting the Cardium Formation in Alberta. InPlay has a strong balance sheet allowing it to weather commodity volatility and develop its extensive inventory of horizontal drilling locations.
For further information, please contact Doug Bartole, President & Chief Executive Officer of InPlay Oil Corp. at +1 (587) 955-0632 or visit www.inplayoil.com
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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SOURCE OTC Markets Group Inc.