04:21:55 EDT Thu 24 Sep 2020
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or Name

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Microbix Biosystems Inc
Symbol MBX
Shares Issued 108,772,705
Close 2020-07-13 C$ 0.32
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Microbix Biosystems to list on OTCQB

2020-07-14 08:46 ET - News Release

Mr. Jim Currie reports


Microbix Biosystems Inc. has completed two processes to make its common shares available for U.S. investors to buy and sell: (i) the listing of its common shares on the OTCQB platform under the ticker symbol MBXBF; and (ii) approval for electronic clearance and settlements of trades by way of DTC eligibility.

Jim Currie, chief financial officer of Microbix, commented: "Almost all our sales are recorded from customers outside of Canada, with a large proportion from the United States. It therefore makes sense to enable U.S. investors to consider ownership of shares in Microbix, particularly given their higher level of interest in life sciences companies and our ongoing work to increase the scale of our revenues and level of profitability. Trading on the OTCQB should increase the company's investor support base into the United States, by providing new and existing shareholders in the U.S. with an efficient and transparent trading platform."

Microbix common shares continue to trade on the Toronto exchange under the stock symbol MBX.

About Microbix Biosystems Inc.

Microbix develops proprietary biological and technology solutions for human health and well-being, with approximately 80 skilled employees and sales now exceeding $1-million per month on average.

We seek Safe Harbor.

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