Pathfinder Ventures Inc. has qualified for trading on the OTCQB Venture Market under the symbol “RVRVF” in the United States, the company announced today in a press release.
The OTCQB is operated by the OTC Markets Group Inc.
Pathfinder’s common shares are also now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States. Pathfinder common shares will continue to trade on the TSX Venture Exchange under the symbol “RV”, the release further reads.
“Having our company listed on the OTCQB is an exciting first step to provide easier access and trading capability in our shares for both institutional and retail investors in the United States. Along with our DTC eligibility, this will contribute to our strategy of enhancing our share liquidity and broaden the reach and awareness of our growth in the RV camping and storage industry,” said Founder & CEO Joe Bleackley.
About the OTCQB
The OTCQB Venture Market offers early-stage and developing companies the benefits of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Streamlined market standards enable companies not yet ready for the OTCQX Best Market to provide a strong baseline of transparency to inform and engage U.S. investors. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. As a verified market with efficient access to U.S. investors, OTCQB helps companies build shareholder value with the goal of enhancing liquidity and achieving fair valuation. Investors can find real-time level 2 quotes and market information at: https://www.otcmarkets.com/stock/RVRVF/overview.
About DTC Eligibility
The founders and management of BSIC, Cathy Butler, CFA, and Mark O’Donoghue, CPA, CA, will join the Pathfinder executive team as Chief Investment DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly-traded companies. DTC Eligibility means that a public company’s securities are able to be deposited through DTC. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company’s common shares in the United States.
About Pathfinder Ventures
Pathfinder Ventures Inc. is developing a network of premier branded, upscale and family-friendly RV parks and campgrounds under the “Pathfinder Camp Resorts” name. Pathfinder currently has three camp resorts located in B.C. and is focused on growing its network through both acquisitions and new construction. The Corporation is also seeking to acquire RV & Self Storage facilities, taking advantage of the rapidly growing market of people who want to experience the great outdoors in an RV.