SeaMiles to Apply For Listing on International OTCQX
June 11 2008 - 12:08PM
Marketwired
TORONTO, ONTARIO (TSX VENTURE: SEE), North America's premier
cruise loyalty provider, today announced that it is preparing to
make an application to list its common stock on the International
OTCQX to increase the Company's exposure to U.S. investors.
The International OTCQX provides non-USA publicly listed
companies with a gateway to the U.S. securities markets including a
vehicle to trade shares in the U.S. with accompanying ongoing
disclosure to U.S investors. Such non-USA companies must have
substantial operating businesses and provide credible disclosure to
be eligible for inclusion on the International PrimeQX tier.
Successful listing distinguishes reputable international issuers
from the approximately 8,000 over the counter (OTC) securities
traded in the U.S.
"We believe the time is right to increase our exposure to Wall
Street and the U.S. investment community," said Peter Rooney,
President of SeaMiles. "In the short period of time since the
Company's inception, we have become recognized as the premier
cruise loyalty provider, and believe now is the time to expand
interest in the Company in the United States, whose residents are
one of the largest customers of the cruise industry."
Companies with shares listed on the International OTCQX include:
Adidas AG, Air France, BASF SE, Roche Holding Ltd, Starpharma
Holdings Ltd and Wal-Mart De Mexico.
ABOUT SEAMILES
SeaMiles is North America's premier cruise loyalty provider,
committed to recognizing and rewarding the cruiser through multiple
earning opportunities and best-in-class, maximum award flexibility
based on "Any Cruise Line...Any Time". Additional information can
be found at www.seamiles.com.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: SeaMiles Limited Peter Rooney President (416) 398-1555
Ext. 442 Email: peter.rooney@seamiles.com SeaMiles Limited Steven
Wise Chairman & CEO (416) 631-3400 Email: steven@seamiles.com
Website: www.seamiles.com
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