NEW YORK, July 22, 2016 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S.
and global securities, today announced Electrovaya Inc. (TSX: EFL;
OTCQX: EFLVF), a company which designs, develops and manufactures
Lithium Ion batteries and systems, has qualified to trade on the
OTCQX® Best Market. Electrovaya upgraded to OTCQX from the Pink®
market.
Electrovaya begins trading today on OTCQX under the symbol
"EFLVF." U.S. investors can find current financial disclosure
and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
"We are pleased to welcome Electrovaya to OTCQX," said
Jason Paltrowitz, Executive Vice
President of Corporate Services at OTC Markets Group. "OTCQX
provides an efficient and transparent U.S. trading market for
Canadian and other international companies that are looking to
expand their visibility and shareholder base in the U.S. We
look forward to supporting Electrovaya's growth in the years
ahead."
"We are very pleased to join the OTCQX Best Market," said
Richard Halka, Executive Vice
President and CFO for Electrovaya Inc. "We have received an
incredible level of interest from U.S. investors and trading on the
OTCQX Best Market gives them an opportunity to invest directly in
our Company."
Roth Capital Partners, LLC serves as Electrovaya's OTCQX
Advisor, responsible for providing professional guidance on OTCQX
requirements.
Electrovaya Inc. designs, develops and manufactures proprietary
Lithium Ion Super Polymer® batteries, battery systems, and
battery-related products for energy storage, clean electric
transportation and other specialized applications. Electrovaya,
through its fully owned subsidiary, Litarion GmbH, also produces
cells, electrodes and SEPARION® ceramic separators and has
manufacturing capacity of about 500MWh/annum. Electrovaya is a
technology focused company with extensive patents and other
Intellectual Property. Headquartered in Ontario, Canada, Electrovaya has production
facilities in Canada and
Germany with customers around the
globe.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best
Market, the OTCQB® Venture Market, and the Pink® Open Market for
10,000 U.S. and global securities. Through OTC Link® ATS, we
connect a diverse network of broker-dealers that provide liquidity
and execution services. We enable investors to easily trade
through the broker of their choice and empower companies to improve
the quality of information available for investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428,
media@otcmarkets.com
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SOURCE OTC Markets Group Inc.