Pioneer Announces the Listing of Its Common Stock on The NASDAQ National Market System
13 April 2005 - 3:10AM
PR Newswire (US)
Pioneer Announces the Listing of Its Common Stock on The NASDAQ
National Market System HOUSTON, April 12 /PRNewswire-FirstCall/ --
Pioneer Companies, Inc. (OTC:PONR) (BULLETIN BOARD: PONR) announced
that NASDAQ has approved Pioneer's application to list its common
stock on The NASDAQ National Market. The trading symbol for the
common stock will be PONR. The Company's common stock currently
trades under the same symbol on the over-the-counter market. NASDAQ
has advised Pioneer that trading will begin on The NASDAQ National
Market at the opening of the market on Thursday, April 14, 2005.
The Chairman of Pioneer's Board of Directors, David Weinstein,
stated, "We are pleased that NASDAQ has approved our application to
list our stock on The NASDAQ National Market. Pioneer is proud to
obtain this listing and to adhere to NASDAQ's listing standards.
NASDAQ is the largest U.S. electronic stock market, and we believe
that our NASDAQ listing will increase the visibility and liquidity
provided to our current and prospective investors. We believe the
listing results from a recognition of the hard work of all of
Pioneer's associates in contributing to the growth of our company."
Pioneer, based in Houston, manufactures chlorine, caustic soda,
bleach, hydrochloric acid and related products used in a variety of
applications, including water treatment, plastics, pulp and paper,
detergents, agricultural chemicals, pharmaceuticals and medical
disinfectants. Pioneer owns and operates four chlor-alkali plants
and several downstream manufacturing facilities in the United
States and Canada. Certain statements in this news release are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act. Forward- looking statements
relate to matters that are not historical facts. Such statements
involve risks and uncertainties, including, but not limited to, the
risks and uncertainties described in Pioneer's filings with the
Securities and Exchange Commission. Actual outcomes may vary
materially from those indicated by the forward-looking statements.
DATASOURCE: Pioneer Companies, Inc. CONTACT: Gary Pittman of
Pioneer Companies, Inc., +1-713-570-3200 Web site:
http://www.piona.com/
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