OTC Markets Group Welcomes Pason Systems Inc. to OTCQX
12 März 2024 - 12:00PM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Pason Systems Inc. (TSX: PSI; OTCQX: PSYTF), a leading
energy services and technology company with fully integrated
drilling data solutions and engineered controls for the completions
industry, has qualified to trade on the OTCQX® Best Market. Pason
Systems Inc. upgraded to OTCQX from the Pink® market.
Pason Systems Inc. begins trading today on OTCQX under the
symbol “PSYTF.” U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S. investors.
For companies listed on a qualified international exchange,
streamlined market standards enable them to utilize their home
market reporting to make their information available in the U.S. To
qualify for OTCQX, companies must meet high financial standards,
follow best practice corporate governance and demonstrate
compliance with applicable securities laws.
Securities Law USA acted as the company’s OTCQX sponsor.
About Pason Systems Inc.Pason Systems Inc. is a
leading global provider of specialized data management systems for
drilling rigs. Its solutions, which include data acquisition,
wellsite reporting, remote communications, web-based information
management, and analytics, enable collaboration between the rig and
the office. Through its wholly-owned subsidiary, Intelligent
Wellhead Systems Inc. (“IWS”), it also provides engineered
controls, data acquisition, and software to automate workflows and
processes for oil and gas well completions operations, improving
wellsite safety and efficiency. Through its wholly-owned
subsidiary, Energy Toolbase Software, Inc. (“ETB”), it also
provides products and services for the solar power and energy
storage industry. ETB’s solutions enable project developers to
model, control and monitor economics and performance of solar
energy and storage projects.The company operates in three
geographic segments: Canada, the United States, and International
(Latin America, Offshore, the Eastern Hemisphere, and the Middle
East).
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
U.S. and international securities. Our data-driven disclosure
standards form the foundation of our three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide
critical market infrastructure that broker-dealers rely on to
facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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