NioBay or the Company ) (TSX-V: NBY) is pleased to announce that the Company has filed an application to be listed on the OTCQB Best Market, a U.S. market operated by OTC Markets Group Inc. ( OTC ) in New York, under the symbol NBYCF . NioBay will continue to trade on the TSX Venture Exchange under its symbol NBY . In addition, NioBay is already DTC eligible by The Depository Trust Company ( DTC ) for electronic settlement and transfer of its common shares in the United States.
The OTC operates the world s largest electronic interdealer quotation system for US broker dealers and offers multiple media channels to increase the visibility of OTC-listed companies. Trading on the OTCQB Market enables companies to efficiently build broader investor awareness and provide U.S. investors with a seamless trading facility to more easily trade through the broker of their choice.