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HPQ Silicon Resources (TSXV:HPQ) begins trading on the OTCQX Best Market

Technology
TSXV:HPQ
16 March 2021 13:15 (EDT)
HPQ

HPQ Silicon Resources is now trading on the OTCQX Best Market under the ticker symbol HPQFF.

The OTCQX Best Market is the highest market tier of OTC Markets, which operates financial markets for 11,000 U.S. and global securities.

Trading on OTCQX will enhance the company’s visibility and accessibility to U.S. investors.

HPQ common shares will continue to trade on the TSX Venture Exchange under the symbol HPQ, and on the Frankfurt Stock Exchange under the symbol UGE.

Upgrading to the OTCQX Market is an important step as it provides transparent trading in our shares for our U.S. investors.

To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

“We are pleased to have qualified to trade on the OTCQX Best Market market today. This will make it easier for U.S. investors to discover and invest in HPQ Silicon Resources Inc, as we continue our research, development and commercialization of advanced nanoscale silicon materials, in order to remain at the forefront of innovative processes for the storage and delivery of clean renewable energy,” said Bernard Tourillon, Chairman and CEO of HPQ Silicon Resources Inc.

HPQ Silicon is in the process of securing Depository Trust Company (“DTC”) eligibility for its common shares.

DTC manages electronic clearing and settlement of publicly-traded companies across the United States and in 131 other countries. Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades.

HPQ Silicon Resources (HPQ) is a Quebec-based company that offers innovative silicon (Si)-based solutions for battery and electric vehicle manufacturers.

HPQ Silicon Resources is down 3.39 per cent, trading at C$1.14 per share at 1 pm ET.

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