Critical Outcome Technologies to Commence Trading in U.S. on OTCQB Under Symbol COTQF
16 June 2014 - 11:00PM
Marketwired
Critical Outcome Technologies to Commence Trading in U.S. on OTCQB
Under Symbol COTQF
Enhancing investor access and awareness in the U.S. market
LONDON, ONTARIO--(Marketwired - Jun 16, 2014) - Critical Outcome
Technologies Inc. ("COTI" or the "Company")
(TSX-VENTURE:COT)(OTCQB:COTQF), the bioinformatics and accelerated
drug discovery company, announced that its common shares will
commence trading today in the United States on the OTCQB venture
stage marketplace under the symbol "COTQF."
"Trading on OTCQB affirms our commitment to enhance the value of
our Company by improving our visibility and exposure in the United
States," said Dr. Wayne Danter, COTI's President & CEO. "We
believe that trading on OTCQB is in the best interest of our
shareholders by creating an opportunity for U.S. based investors to
obtain information about the Company and invest through a trading
platform familiar to them. While we continue to appreciate the
loyalty and support of our Canadian investor base, we feel that the
Company has reached an important inflection point in its growth
that requires us to open ourselves up to the larger, and more life
science-focused, U.S. market. This improved access is expected to
foster increased interest in the Company and improve liquidity for
all investors."
OTCQB offers investors transparent trading in early-stage and
developing U.S. and international companies. To be eligible,
companies must meet a minimum $0.01 bid test, be current in their
reporting and undergo an annual verification and management
certification process. International companies must also be listed
on a qualified foreign stock exchange and receive a Letter of
Introduction from a Principal American Liaison ("PAL"), which must
be a qualified third-party investment bank, securities law firm or
depositary bank.
U.S. investors can find current financial disclosures and
Real-Time Level 2 quotes for COTI on www.otcmarkets.com.
About Critical Outcome
Technologies Inc.
COTI is a leading-edge bioinformatics company specializing in
accelerating the discovery and development of small molecules -
dramatically reducing the time and cost to bring new drugs to
market. COTI's proprietary artificial intelligence system,
CHEMSAS®, utilizes a series of predictive computer models to
identify compounds with a high probability of being successfully
developed from disease specific drug discovery through chemical
optimization and preclinical testing. These compounds are targeted
for a variety of diseases, particularly those for which current
treatments are either lacking or ineffective.
For more information, visit www.criticaloutcome.com.
Follow @CriticalOutcome on Twitter at
http://twitter.com/CriticalOutcome.
Notice to
Readers
Information contained in this press release may contain certain
statements, which constitute "forward- looking statements" within
the meaning of the Securities Act (Ontario) and applicable
securities laws. For example, the statement "… This improved access
is expected to foster increased interest in the Company and improve
liquidity for all investors." is a forward-looking statement.
Forward‐looking statements by their nature are not guarantees of
future performance and are based upon management's current
expectations, estimates, projections and assumptions. COTI operates
in a highly competitive environment that involves significant risks
and uncertainties, which could cause actual results to differ
materially from those anticipated in these forward‐looking
statements. Management of COTI considers the assumptions on which
these forward‐looking statements are based to be reasonable, but as
a result of the many risk factors, cautions the reader that actual
results could differ materially from those expressed or implied in
these forward-looking statements. Information in this press release
should be considered accurate only as of the date of the release
and may be superseded by more recent information disclosed in later
press releases, filings with the securities regulatory authorities
or otherwise.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Critical Outcome Technologies Inc.Dr. Wayne DanterPresident
&
CEO519-858-5157wdanter@criticaloutcome.comwww.criticaloutcome.comHeisler
CommunicationsTrevor HeislerInvestor
Relations416-500-8061trevor@heislercommunications.comU.S.
Contact:Robert Giordano212-257-5495Mobile:
917-327-3938rgiordano@jstreichercapital.com
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