Titanium Transportation Group Announces Commencement of Trading on OTCQX Best Market in the U.S.
August 16 2022 - 5:30AM
Titanium Transportation Group Inc. (“Titanium” or the “Company”)
(TSX:TTNM) is pleased to announce that its common shares are now
trading on the OTCQX Best Market under the symbol “TTNMF”. The
OTCQX Best Market is the highest market tier of OTC Markets, a U.S.
market on which 12,000 U.S. and global securities trade.
“As we celebrate Titanium’s 20th anniversary in operations, we
believe that our story is worth sharing on the international
stage,” said Ted Daniel, Titanium’s CEO & Founder. “Trading on
the OTCQX Best Market, OTC Markets Group’s premium market, is an
important step for Titanium to enable transparent trading
opportunities for both our U.S. investors as well as our growing
number of U.S. employees that contribute to Titanium’s expanding
U.S. logistics operations and overall success. By doing so, we
expect to broaden investor recognition and enhance share value to
all shareholders, on both sides of the border.”
To qualify for OTCQX, companies must meet high financial
standards, follow best practices corporate governance and
demonstrate compliance with applicable securities laws. U.S.
investors can find current financial disclosure and Real-Time Level
2 quotes for the company on www.otcmarkets.com.
Titanium is also 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. Trading through DTC allows for
cost-effective and guaranteed settlement, simplifying and
accelerating the settlement process of daily trades.
B. Riley Securities, Inc. acted as the Company’s OTCQX
sponsor.
About Titanium
Titanium is a leading North American
transportation company with asset-based trucking operations and
logistics brokerages servicing Canada and the United States, with
approximately 800 power units, 3,000 trailers and 1,100 employees
and independent owner operators. Titanium provides truckload,
dedicated, and cross-border trucking services, logistics, and
warehousing and distribution to over 1,000 customers. In the U.S.
Titanium has established operations in Charlotte, Atlanta, Chicago,
Nashville, Denver. In February 2021, Titanium completed its largest
acquisition since its founding, establishing Titanium as the 12th
largest Canadian transportation company. Titanium is a recognized
purchaser of asset-based trucking companies, having completed
twelve (12) transactions since 2011. Titanium ranked among top 500
companies in the inaugural Financial Times Americas’ Fastest
Growing Companies in 2020. The Company has been ranked by Canadian
Business as one of Canada's Fastest Growing Companies for twelve
(12) consecutive years. Titanium is currently listed on the Toronto
Stock Exchange under the symbol “TTNM".
CONTACT INFORMATION
Titanium Transportation Group Inc.Ted Daniel, CPA, CAChief
Executive Officer(905) 266-3011investors@ttgi.comwww.ttgi.com
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