Hemisphere Energy Corporation (HME) is now trading on the OTCQX Venture Marketplace (OTCQX) under the symbol HMENF.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
Graduating to the OTCQX Market from the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
Don Simmons, President and CEO of Hemisphere Energy Corporation, commented,
"We are excited to graduate to the OTCQX Market, which will provide Hemisphere with increased accessibility and liquidity for our U.S. investors. We are at a transformational time in the growth of our company and this exposure will help get our story out there to a group of new investors that we welcome."
Hemisphere Energy Corp. is a Canadian oil company focused on the sustainable growth of its high netback, low decline conventional heavy oil assets through water and polymer flood enhanced recovery methods.
OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQX® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities.
Hemisphere Energy Hemisphere Energy Corp is engaged in the acquisition, exploration, development, and production of petroleum and natural gas interests in Canada.
Hemisphere Energy Corporation (HMENF) opened trading on the OTCQX at C$0.398 per share.
Hemisphere Energy Corporation (HME) is up 4.44 per cent on the TSX-V, trading at $0.47 per share at 11:24 am ET.