
North American Trading in Novonix Shares
Brisbane, June 10, 2020 AEST (ABN Newswire) - NOVONIX Limited (
ASX:NVX) (
GC3:FRA) provides update regarding international trading in its shares following increasing levels of inbound enquiry from investors from North America and Europe during the month of June.
Given the high level of international enquiry and investor interest received, the Company is investigating the possibility of facilitating further trading liquidity and addressing offshore demand by seeking quotation to trade on the OTCQX(R) Best Market in North America. The Board of NOVONIX does not intend to issue further securities as part of any plan to seek quotation on OTCQX(R).
OTC Markets Group Inc. (
OTCM:OTCMKTS) operates both the OTCQX(R) Best Market and the Pink(R) Open Market for U.S. and global securities. NOVONIX's shares are currently trading on an unsolicited basis on the Pink(R) Open Market operated by OTC Markets Group Inc.
The Company will provide further updates on any efforts to facilitate North American trading in its shares as the matter progresses.
About NOVONIX Limited
NOVONIX Limited (ASX:NVX) (FRA:GC3) (OTCMKTS:NVNXF) is an integrated developer and supplier of high-performance materials, equipment and services for the global lithium-ion battery industry with operations in the USA and Canada and sales in more than 14 countries. NOVONIX's mission is to support the global deployment of lithium-ion battery technologies for a cleaner energy future.
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 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.
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