Canada Jetlines announced that it has obtained final approval for trading on the OTCQB under the ticker symbol JETMF and will commence trading tomorrow at market open on Tuesday, October 3, 2017.
The OTCQB provides more efficient access to U.S. investors, helping Canadian companies to build shareholder value with a goal of enhancing liquidity and share valuation. In addition, investors have access to more transparent pricing information through the availability of premium Real-Time Level 2 quotes. This, in turn, leads to more efficient trading for investors.
Through trading on the OTCQB, companies can engage a far greater network of U.S. investor, data distributors and media partners, ensuring U.S. investors have access to the same high-quality information that is available to investors in Canada, but through U.S. platforms and portals used to conduct research.
The Company further announces that it has now received TSX Venture Exchange approval for, and has completed, the issuance 250,000 common voting shares to Echelon Wealth Partners Inc. as payment for certain advisory services that were provided to the Company. The issued common voting shares will be subject to a statutory four month hold period that expires February 3, 2018.