AdvanceTC Limited Stock Market Press Releases and Company Profile  NSX Limited Stock Market Press Releases and Company Profile  OTC Markets Group Inc. Stock Market Press Releases and Company Profile
Official listing on OTC Markets Group (PINK)
Official listing on OTC Markets Group (PINK)

Sydney, June 5, 2020 AEST (ABN Newswire) - AdvanceTC Ltd (googlechartNSX:A88) (googlechartATCLF:OTCMKTS) is pleased to advise that the Company has officially been accepted and listed on the USA OTC Markets Group (Pink) with allocated ticker references NSX A88 and OTC Pink ATCLF. OTC Markets Group is the largest U.S marketplace for OTC securities with over 10,500 securities listed as of 2019 and is regulated by the Financial Industry Regulatory Authority ( FINRA )

The Company is currently in the process of obtaining DTC eligibility with The Depository Trust Company ( DTC ) for its ordinary shares listed on the OTC Markets Pink.

DTC eligibility will permit AdvanceTC shares to be distributed, settled and serviced through DTC's automated processes, leveraging on the efficiency created through the electronic clearing and settlement of securities and provides cost benefits for investors and brokers trading of Australian securities in the United States of America. DTC is a subsidiary of the Depository Trust & Clearing Corp. and manages the electronic clearing and settlement of publicly traded companies in USA.

Upon the acceptance by DTC, AdvanceTC shareholders will be able to electronically transfer shares between Australia and the USA, which is an important step for the trading of AdvanceTC shares on the OTC Markets Pink and to build a potential investor base in the USA. This eligibility will create trading opportunity, liquidity and demand of AdvanceTC shares.

The listing on the OTC Markets Pink will be of great benefit to the company as it prepares initial market distribution of its unique Satellite Android smartphone Xplore X7 and Xplore X5 in the USA.

The Company will further update upon securing the DTC eligibility.

To view the release, please visit:
https://abnnewswire.net/lnk/K7748N3V


About AdvanceTC Limited

AdvancTCAdvanceTC is a premier technology company specializing in the design and development of mobile telecommunication and computing devices. AdvanceTC is listed on NSX Australia (NSX:A88). More information on the company can be found at www.advancetc.com

abnnewswire.com 



About NSX Limited

NSX Ltd ASX NSXNSX Limited (ASX:NSX) via its wholly owned subsidiary National Stock Exchange of Australia Limited (NSXA) operates the Tier 1 Licensed stock exchange facility for the listing of equity securities, corporate debt and investment scheme units. The company is also involved in trading and settlement activities.

https://au.linkedin.com/company/national-stock-exchange-of-australia abnnewswire.com 



About OTC Markets Group Inc.

OTC MarrketsOTC 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 public markets: OTCQX(R) Best Market, OTCQB(R) Venture Market, OTCID(TM) Basic Market and Pink Limited(TM) Market. Our OTC Link(R) 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, OTC Link NQB, and MOON ATS(TM) are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

https://twitter.com/OTCMarkets https://www.facebook.com/OTCMarkets https://www.youtube.com/user/OTCMarketsTV https://www.linkedin.com/company/otc-markets-group abnnewswire.com 


Contact

CP Loi
Chief Executive Officer
Email: loicp@advancetc.com



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 7) (Last 30 Days: 75) (Since Published: 6638)