NEW YORK, Aug. 9 /PRNewswire-FirstCall/ -- 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 Energy World Corp. Ltd. (OTCQX: EWCLY, ASX: EWC), an Australian exploration company, has chosen to have its American Depositary Receipts (ADRs) traded on the OTC market's highest tier, OTCQX®.
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Energy World Corp. began trading today on the OTC market's prestigious tier, OTCQX International Premier. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
"We are pleased to welcome Energy World Corporation to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "OTCQX companies, like Energy World Corporation, use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their U.S. regulated broker-dealers."
Madison Williams & Company will serve as Energy World Corporation's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Energy World Corp. Ltd.
Energy World Corp. (OTCQX: EWCLY, ASX: EWC) will trade in the United States on OTCQX under the symbol "EWCLY," where each ADR, held by the Bank of New York Mellon, will represent 30 ordinary shares. Energy World Corporation Limited (EWC) is a company committed to bringing clean and green power to Asia by facilitating and improving access to natural gas for buyers in the region. To achieve this, EWC has pioneered and developed modular LNG liquefaction plants and associated hub terminals that enable EWC to provide LNG for clean and green energy at economic prices. The company's principle activities are the supply of power through gas-fired power plants; the design, development, construction, operation and maintenance of modular liquefied natural gas (LNG) plants, storage tanks and road transportation of LNG; and the design construction, operation and maintenance of gas processing plants and gas pipelines. For more information, visit http://www.energyworldcorp.com
About OTCQX
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 [email protected].
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SOURCE Pink OTC Markets Inc.
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