OTC Markets Group Welcomes RE Royalties Ltd. to OTCQX
31 März 2022 - 1:00PM
OTC Markets Group Inc. (OTCQX: OTCM),
operator of regulated markets for trading 12,000 U.S. and
international securities, today announced RE Royalties Ltd. (TSX-V:
RE; OTCQX: RROYF), a company which acquires revenue-based royalties
from renewable energy generation facilities, has qualified to trade
on the OTCQX® Best Market.
RE Royalties Ltd. upgraded to OTCQX from the Pink® market.
RE Royalties Ltd. begins trading today on OTCQX under the symbol
“RROYF.” 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.
Bernard Tan, CEO of RE Royalties stated, “We are pleased to
begin trading on the OTCQX market to provide current and future
US-based investors with greater access to our company, ease of
trading and home country financial disclosures for our shares. The
OTCQX market will allow RE Royalties to broaden the reach and
awareness of our innovative royalty financing model, improve
liquidity of our common shares and drive value for our
shareholders.”
McMillan LLP acted as the company’s OTCQX sponsor.
About RE Royalties Ltd.
RE Royalties Ltd. acquires revenue-based royalties from
renewable energy generation facilities by providing a non-dilutive
financing solution to privately held and publicly traded renewable
energy generation and development companies. RE Royalties is the
first to apply this proven business model to the renewable energy
sector.
The Company currently owns 100 royalties on solar, wind, hydro,
battery storage, and renewable natural gas projects in Canada,
Europe, and the United States. The Company’s business objectives
are to provide shareholders with a strong growing yield, robust
capital protection, high rate of growth through re-investment and a
sustainable investment focus.
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 Contacts:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com RE Royalties Ltd., (778) 374‐2000,
taliabeckett@reroyalties.comRenmark Financial Communications Inc.,
(212) 812-7680, jlavers@renmarkfinancial.com
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