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NEW YORK, Jan. 27, 2021 /PRNewswire/ OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Lonestar Resources US Inc. (OTCQX: LONE), an oil and gas company, has qualified to trade on the OTCQX® Best Market.
Following its successful restructuring and emergence from Chapter 11 bankruptcy, Lonestar Resources US Inc. begins trading today on OTCQX under the symbol LONE. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corpor
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After years of punishment as the shale gas boom imploded, many shale gas stocks outperformed major indexes and their oil and gas peers in 2020 because of increasing investor confidence that natural gas prices will be consistently higher in 2021 and drillers will spend less.
While wilder-than-normal weather in the autumn gutted hopes of a price spike to $4/MMBtu this winter, NYMEX gas futures contracts are signaling an average price of $2.65/MMBtu in 2021, a 31% improvement on 2020 s $2.02/MMBtu average of day-ahead cash prices at the benchmark Henry Hub, according to S&P Global Market Intelligence data Dec. 28.
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FinCEN and the Fed proposed keeping the threshold at $3,000 for domestic transactions. The so-called travel rule regulations are intended to help law enforcement and regulators later investigate and prosecute illicit activities by preserving an information trail.
“Criminals are using smaller-value transfers and convertible virtual currencies to facilitate terrorist financing, narcotics trafficking and other illicit activities,” Kenneth Blanco, director of FinCEN, said this month at a financial crimes enforcement conference, noting that regulators had received about 2,900 comments regarding the proposed rule.
FinCEN and the Fed will review the comments and then decide whether to approve the final rule.
The American Bankers Association, in a comment letter in November, urged FinCEN and the Fed to withdraw the proposed rule. The association asked the regulators to consider the costs the reduced threshold would impose on entities offering wire tra
DUBLIN, Ireland and KING OF PRUSSIA, Pa., Dec. 10, 2020 (GLOBE NEWSWIRE) Nabriva Therapeutics plc (NASDAQ:NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative