Delta CleanTech Inc. (OTCMKTS:DCTIF) (CNSX:DELT) Stock Sees Buying At Lower Level
Delta CleanTech Inc. (OTCMKTS:DCTIF) (CNSX:DELT) was up 11% after announcing that it had been granted approval to start trading its stock on the OTCQB Market under ticker symbol DCTIF, beginnings January 19, 2022.
Market Stats
On Friday, DCTIF stock jumped 11% to $0.3330 with more than 1k shares, compared to its average volume of 2.6K shares. The stock has moved within a range of $0.3330 – 0.3330 after opening trading at $0.3330.
Delta CleanTech Announces OTCQB Market Listing
However, the common stock will continue trading in the CSE under ticker “DELT” and “66C”in the Frankfurt Stock Exchange. Delta’s trading and listing on the OTCQB in the United States is a significant step forward in enabling US investors to invest and accelerating the company’s growth. In addition, the company’s US shareholder position will be enhanced by the OTCQB platform, which will allow a wider range of investors to invest in worldwide capturing and mitigation of CO2, including carbon credit origination, streaming, and aggregation.
The OTCQB is run by OTC Markets Group in New York and is intended to help entrepreneurs in the US and overseas expand their businesses. Companies must be financial reporting current and pass a yearly validation and management accreditation procedure, which includes meeting the minimum bid price for continued listing in OTCQB. So, investors should watch DCTIF.
Key Quote
Delta’s President, Jeff Allison, stated: “Delta’s U.S. listing and trading on the OTCQB is an important step allowing U.S. investors to participate in investing and accelerating our Company’s growth. The OTCQB platform will increase Delta’s U.S. shareholder profile facilitating a more diverse group of investors that want to participate in global CO2 capture and mitigation and carbon credit origination, aggregation and streaming.”