Ocean Thermal Energy Corporation announced that its securities have been admitted to trade on the GXG Markets First Quote platform with the symbol OTEC.
GXG Markets runs an SME dedicated exchange that operates a European Regulated Market, as well as two junior markets regulated under GXG Markets’ Multilateral Trading Facility authorization.
Mr. Jeremy P. Feakins, Executive Chairman of Ocean Thermal Energy Corporation commented on this landmark event for the Company:
“The GXG Markets provide an excellent exchange for our initial listing as it promotes a full regulatory environment that is cost-efficient while giving our shareholders access to a modern, electronic trading platform without burdensome expense to OTE typical of other exchanges. The public stock listing will allow OTE to raise additional future capital, provide excellent investor visibility and support OTE’s growing pipeline of global projects for renewable energy, drinkable water and opportunities for sustainable food production.”