Press release from PR Newswire
Canadian Energy Services & Technology Corp. Joins OTCQX
Thursday, April 12, 2012
NEW YORK, April 12, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, announced that Canadian Energy Services & Technology Corp. (OTCQX: CESDF; TSX: CEU), a company engaged in the design and implementation of drilling fluid systems for oil and gas producers, is now trading on the highest tier of the OTC market, OTCQX®.
Canadian Energy Services & Technology began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
"The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Canadian Energy Services & Technology to OTCQX."
Stifel Nicolaus & Company, Inc. will serve as Canadian Energy Services & Technology's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Canadian Energy Services & Technology Corp.Canadian Energy Services & Technology Corp. (OTCQX: CESDF; TSX: CEU) trades in the United States on OTCQX under the symbol "CESDF", in Canada on the TSX under the symbol "CEU". CEU engages in the design and implementation of drilling fluid systems for oil and gas producers in Western Canada and the United States. It offers drilling fluid systems for drilling vertical, horizontal and directional wells.
About OTC Markets Group Inc.OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest OTC marketplace for equity securities. Our OTC Link® trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the wide spectrum of OTC-traded equity securities into three marketplaces to inform investors of opportunities and risks - OTCQX - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.
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For further information: Grace Keith, OTC Markets Group Inc., +1-212-896-4428, email@example.com