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Sintana Energy starts trading on Over the Counter Quotation Exchange (OTCQX)

by Editor
October 3, 2024
in News
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Sintana Energy starts trading on Over the Counter Quotation Exchange (OTCQX)
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Sintana Energy, Inc. begins trading today on OTCQX under the “SEUSF.”
The OTCQX Market is designed for established, investor-focused US and international companies.
Sintana Energy Inc. is engaged in exploration and natural gas development in highly prospective geographies with huge unconventional and conventional resource potential.
The company has created a diversified asset portfolio of interests in exploration and development projects with significant upside potential comprised of five large, highly prospective offshore licenses in the Walvis and Orange Basins, one onshore petroleum exploration license in Namibia, and the VMM-37 in Colombia’s Magdalena Basin.
The OTC Markets Group Inc. operates regulated markets for trading US$12,000 and international securities.
Its data-driven disclosure standards form the foundation of the three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.
The OTC Link® Alternative Trading Systems (ATSs) provide the critical market infrastructure broker-dealers rely on to facilitate trading.
To qualify for OTCQX, companies must meet high financial standards, follow best practices in corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX market marks a milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors.
Sintana Energy Chief Executive Officer Robert Bose said this upgrade provides a better option for US-based investors to trade and invest in the company.
“We are delighted to begin trading on OTCQX.  Given the significant recent progress of our business, providing increased access, visibility, and transparency to a growing list of shareholders is timely,” Bose said.

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