OTC Markets Group Welcomes Southern Energy Corp. to OTCQX
14 Outubro 2022 - 8:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Southern Energy Corp. (“Southern”) (TSX-V: SOU; AIM:
SOUC; OTCQX: SOUTF), a natural gas exploration and production
company, has qualified to trade on the OTCQX® Best Market. Southern
Energy Corp. upgraded to OTCQX from the Pink® market.
Southern Energy Corp. begins trading today on OTCQX under the
symbol “SOUTF.” U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S. investors.
For companies listed on a qualified international exchange,
streamlined market standards enable them to utilize their home
market reporting to make their information available in the U.S. 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 reach the milestone of trading on OTCQX, as
this will make it easier for our U.S. investors to invest in
Southern as we look to unlock shareholder value through our
long-term development drilling program in Gwinville,"
commented Ian Atkinson, President and CEO of Southern.
JWTT Inc. acted as the company’s OTCQX sponsor.
About Southern Energy Corp.Southern Energy
Corp. is a natural gas exploration and production company. Southern
has a primary focus on acquiring and developing conventional
natural gas and light oil resources in the southeast Gulf States of
Mississippi, Louisiana, and East Texas. The company’s management
team has a long and successful history working together and have
created significant shareholder value through accretive
acquisitions, optimization of existing oil and natural gas fields
and the utilization of re-development strategies utilizing
horizontal drilling and multi-staged fracture completion
techniques.
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 three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® 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 and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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