NEW YORK, Nov. 4, 2019 /PRNewswire/ -- OTC
Markets Group Inc. (OTCQX: OTCM), operator of financial
markets for 10,000 U.S. and global securities, today announced
Journey Energy Inc. (TSX: JOY; OTCQX: JRNGF), a Canadian
exploration and production company, has qualified to trade on the
OTCQX® Best Market.
Journey Energy begins trading today on OTCQX under the symbol
"JRNGF." 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 Journey Energy Inc. to the OTCQX Best
Market," said Jason Paltrowitz, EVP
of Corporate Services at OTC Markets Group. "Journey Energy joins
more than 65 Canadian companies that cross-trade on the Toronto
Stock Exchange in Canada and on
the OTCQX Market in the U.S. to provide investors with more
efficient trading. We look forward to supporting Journey Energy in
the U.S. public market."
"On behalf of Journey Energy Inc. we are very happy to be
joining the OTCQX Market", says Alex
Verge, President and Chief Executive Officer. "We are
excited to be able to provide more liquidity for our existing and
new U.S. shareholders. We look forward to OTCQX facilitating the
trading of our shares."
J.P. Galda & Co. acted as the company's OTCQX sponsor.
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 and OTC Link ECN, 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 and OTC Link ECN are SEC regulated ATSs, operated
by OTC Link LLC, member FINRA/SIPC.
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Media Contact:
OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
About Journey Energy Inc.
Journey is a Canadian exploration and production company focused
on oil-weighted operations in western Canada. Journey's
strategy is to grow its production base by drilling on its existing
core lands, implementing waterflood projects, and by executing on
accretive acquisitions. Journey seeks to optimize its legacy
oil pools on existing lands through the application of best
practices in horizontal drilling and, where feasible, with water
floods. Journey is also in the early phases of advancing
development of an unconventional shale resource play in the oil
window of the Duvernay, in the western shale basin of our central
core area.
For further
information contact:
|
|
Alex G.
Verge
|
or
|
Gerry
Gilewicz
|
President and Chief
Executive Officer
|
|
Chief Financial
Officer
|
403-303-3232
|
|
403-303-3238
|
alex.verge@journeyenergy.ca
|
|
gerry.gilewicz@journeyenergy.ca
|
|
Journey Energy
Inc.
|
700, 517 –
10th Avenue SW
|
Calgary, AB T2R
0A8
|
403-294-1635
|
www.journeyenergy.ca
|
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SOURCE OTC Markets Group Inc.