Xebra Brands Ltd. (
CSE.XBRA,
OTCQB: XBRAF,
Forum) has announced that it has been upgraded to trade on the OTCQB Venture Markets. The ticker remains unchanged as XBRAF.
According to the company, it is anticipated that Xebra's upgraded listing to the OTCQB will provide greater liquidity and a more seamless trading experience for U.S. investors. With enhanced reporting requirements and greater transparency required with the OTCQB listing, the upgrade also provides exemptions from U.S. state securities laws or "blue sky" exemptions which may help to further increase liquidity and expand investment advisors' ability to research and recommend investment in Xebra.
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FULL DISCLOSURE: Xebra Brands Ltd. is a client of Stockhouse Publishing.