ROCHESTER, N.Y., July 22, 2015 /CNW/ -- Natcore Technology Inc.
(TSX-V: NXT; OTCQB: NTCXF; DAX: 8NT) has been approved to trade
on OTCQB, an over-the-counter marketplace organized for
venture-stage or early-stage companies.
This is an upgrade from OTC Pink (the "pink sheets"), where
Natcore had previously traded. To be quoted on OTC Pink, companies
are not required to file with the SEC. But on June 2, Natcore announced that it had become
fully reporting with the SEC, a prerequisite to being upgraded to
OTCQB.
On the OTCQB, Natcore's trading symbol will continue to be
NTCXF, as it was on OTC Pink.
"The U.S. is the largest financial market in the world," says
Chuck Provini, Natcore's president
and CEO. "The OTCQB alone puts us in a marketplace where there were
$63 billion in trades last year. We
remain listed on the Toronto Venture Exchange (TSX-V), where there
were $15 billion in trades in 2014.
Combined, the two will offer Natcore investors outstanding
liquidity and trade execution."
American investors can now follow Natcore on
http://www.otcmarkets.com/stock/NTCXF/quote, where share prices are
quoted in U.S. dollars. On TSX-V, they are quoted in Canadian
dollars.
OTC Markets Group Inc. organizes securities into marketplaces to
distinguish levels of opportunity and risk: OTCQX, which it calls
"The Best Marketplace with Qualified Companies"; OTCQB, positioned
as "The Venture Stage Marketplace with U.S. Reporting Companies";
and OTC Pink, described as "The Open Marketplace with Variable
Reporting Companies."
Natcore was organized in August
2007. The company went public in May
2009 on the Toronto Venture Exchange (TSX-V). In
June 2013, the company also became
listed on the Quotation Board of the Frankfurt Stock Exchange,
where its symbol is 8NT.
About Natcore Technology
Natcore Technology is focused
on using its proprietary nanotechnology discoveries to enable a
variety of compelling applications in the solar industry.
Specifically, the company is advancing applications in laser
processing, black silicon and quantum-dot solar cells to
significantly lower the costs and improve the power output of solar
cells. With 59 patents (24 granted and 35 pending), Natcore is on
the leading edge of solar research. www.NatcoreSolar.com
Statements herein other than purely historical factual
information, including statements relating to revenues or profits,
or Natcore's future plans and objectives, or expected sales, cash
flows, and capital expenditures constitute forward-looking
statements. Forward-looking statements are based on numerous
assumptions and are subject to all of the risks and uncertainties
inherent in Natcore's business, including risks inherent in the
technology history. There can be no assurance that such
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on such statements. Except in accordance with
applicable securities laws, Natcore expressly disclaims any
obligation to update any forward-looking statements or
forward-looking statements that are incorporated by reference
herein.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contact: Chuck Provini
(585) 286-9180
Info@natcoresolar.com
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visit:http://www.prnewswire.com/news-releases/natcore-technology-begins-trading-on-otcqb-300117047.html
SOURCE Natcore Technology Inc.
