NEW YORK, Nov. 30, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 US and worldwide securities, at present introduced Westbridge Renewable Power Corp. (TSX-V: WEB; OTCQX: WEGYF; FRA: PUQ), a Canadian renewable vitality firm, is eligible to commerce on the OTCQX® Finest Market. Upgraded by Westbridge Renewable Power Corp. to OTCQX from the OTCQB® Enterprise Market.
Westbridge Renewable Power Corp. started buying and selling at present on the OTCQX beneath the image “WEGYF”. US traders can discover present monetary disclosures and Actual-Time Stage 2 quotes for the corporate at www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused US and worldwide corporations. To qualify for OTCQX, corporations should meet excessive monetary requirements, adhere to greatest company governance practices, and reveal compliance with relevant securities legal guidelines. The commencement of the OTCQX Market from the OTCQB Market marks an vital milestone for corporations, enabling them to reveal their {qualifications} and construct visibility to US traders.
Scott M. Kelly, Government Chair, commented, “The commencement of OTCQX Finest Market is a major step towards reaching our capital markets’ purpose of optimizing entry and liquidity to present and new US traders and shareholders. After greater than quadrupling our growth portfolio in Alberta, the current passage of the Inflation Discount Act provides us a excessive stage of confidence in reaching our strategic purpose of accelerating our present portfolio of 1,285 MWp Photo voltaic PV plus 1,106 MWh of battery storage capability, by creating and buying new photo voltaic PV initiatives within the rising US renewable vitality market.”
About Westbridge Renewable Power Corp.
Westbridge Renewable Power Corp. (TSXV: WEB; OTCQX: WEGYF; FRA: PUQ) develops best-in-class, utility-scale photo voltaic PV initiatives. The Firm has a portfolio of initiatives in three key jurisdictions, Canada, US and UK. Westbridge plans to offer enticing, long-term returns by way of the creation, implementation, and growth of a world portfolio of renewable belongings for traders and utilities. Administration has a powerful track-record with 40+ initiatives developed worldwide, acquiring, and executing permits on time and inside finances. As one of many few listed pure-play Canadian photo voltaic growth corporations, Westbridge gives its traders with useful entry to greenfield photo voltaic initiatives. Which means that the Firm can spend money on the very first stage of photo voltaic vitality growth benefiting from your complete worth chain in addition to the anticipated higher adoption of renewable vitality sooner or later. Westbridge brings collectively regulators, company patrons, and landowners with the purpose of offering clear, sustainable electrical energy to finish customers.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for the sale of 12,000 US and worldwide securities. Our data-driven disclosure requirements type the inspiration of our three public markets: OTCQX® Finest Market, OTCQB® Enterprise Market and Pink® Open Market.
Our OTC Hyperlink® Various Buying and selling Techniques (ATSs) present vital market infrastructure that broker-dealers depend on to facilitate buying and selling. Our new mannequin presents corporations extra environment friendly entry to US monetary markets.
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