13:51:46 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Chemistree Technology Inc
Symbol CHM
Shares Issued 15,148,107
Close 2017-09-19 C$ 0.65
Market Cap C$ 9,846,270
Recent Sedar Documents

Chemistree begins trading on OTCQB Venture Market

2017-09-26 11:30 ET - News Release

Mr. Karl Kottmeier reports

CHEMISTREE UPGRADES U.S. TRADING TO OTCQB

Chemistree Technology Inc.'s common shares have been approved for trading on the OTCQB Venture Market in the United States under the new trading symbol CHMJF, effective Sept. 26, 2017.

Listing on the OTCQB is part of Chemistree's overall strategy to increase its potential audience of international investors. It will provide the company with a significant trading platform for its current shareholders and future investors from the United States and internationally.

The OTCQB is the ideal marketplace for emerging U.S. and international companies. To be eligible for the OTCQB, companies must be current in their reporting obligations with the U.S. Securities and Exchange Commission, meet a minimum price bid test, and undergo an annual verification and management certification process. These quality standards and appropriate regulations, coupled with a solid technical platform, provide investors with a high level of confidence and enhance their trading experience. Investors can find current financial disclosure and real-time level 2 quotes for the company on the OTC Markets website.

Chemistree will continue to trade on the Canadian Securities Exchange under its current symbol CHM.

President Karl Kottmeier said: "I am pleased to announce our OTCQB listing. Chemistree hopes to expand its operations further into the various U.S. markets and it is only logical for the company to make itself easily available to American investors, many of who[m] frequently find it challenging to invest in Canadian-listed companies."

Chemistree is an exciting new company, focusing its efforts on social media, branding, licensing and marketing technology. In addition to marketing events, brands and any other activities in the cannabis industry, the company will continue to identify other avenues for growth for social media marketing services, as well as brand marketing, product marketing, and more general services such as financing and corporate consulting.

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