NEW YORK, Oct. 28 /PRNewswire/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Doxa Energy Ltd., (TSX.V: DXA; OTCQX: DXAEF) a Texas-based oil and gas company engaged in onshore only exploration, production and development, is now trading on the OTC market's highest tier, OTCQX®.
"Investors prefer the quality-controlled admission process on OTCQX which identifies the segment of OTC-traded companies focused on valuation and transparency," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Doxa Energy to OTCQX."
Doxa Energy began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
John D. Harvison President and CEO of Doxa Energy stated, "Part of our mandate is to increase both investor awareness and shareholder liquidity, therefore Doxa welcomes this opportunity to trade alongside the many prestigious companies currently trading on OTCQX."
Dorsey & Whitney LLP will serve as Doxa Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Doxa Energy Ltd.
Doxa Energy Ltd. (TSX.V: DXA; OTCQX: DXAEF) trades in the United States on OTCQX under the symbol "DXAEF". Doxa Energy is a Texas-based oil and gas company engaged in onshore only exploration, production and development primarily in Texas along the Gulf coast. Doxa is committed to becoming a leading oil and gas company, achieving superior financial and operating results while simultaneously utilizing sound business, social, environmental and safety practices.
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at firstname.lastname@example.org.
SOURCE Pink OTC Markets Inc.