TORONTO, Oct. 10, 2018 (GLOBE NEWSWIRE) — MPX Bioceutical Corporation (“MPX” or the “Company”) (CSE: MPX; OTC: MPXEF) today announced that its common shares were approved for trading in the United States on the OTCQX® Best Market, effective today, Wednesday, October 10, 2018. MPX’s Common Stock will continue to trade under the ticker symbol “MPXEF.”
The OTCQX® Best Market is for established, investor-focused U.S. and international companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.
Over the past year MPX experienced significant operational changes and reached many corporate milestones, such as growing its Arizona footprint, acquiring cultivation, production and kitchen facilities in Nevada, opening its first cannabis dispensary in Maryland and expanding into Canada. We are committed to upholding best practices in corporate governance and financial reporting as we continue to accelerate our growth strategy to further grow market share and penetrate new markets.
W. Scott Boyes, MPX’s Chairman, President and CEO
Upgrading to the OTCQX Market from the OTCQB Market demonstrates this commitment to transparency, professionalism and integrity and is an important a step toward improving liquidity in our stock as we continue to drive shareholder value.
U.S. investors can find current financial disclosure and real-time quotes for the company on www.otcmarkets.com.
To be added to the distribution list, please email [email protected] with “MPX” in the subject line.
About MPX Bioceutical Corporation
MPX, through its wholly-owned subsidiaries in the U.S., provides substantial management, staffing, procurement, advisory, financial, real estate rental, logistics and administrative services to medicinal cannabis enterprises in Arizona