Silex Systems Ltd. Begins Trading on OTCQX®
NEW YORK, June 3, 2013 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected
financial marketplaces, today announced that Silex Systems Ltd.
(OTCQX: SILXY; ASX: SLX), a world leader in the research,
development and commercialization of leading edge technologies in
nuclear energy, solar power, semiconductor materials and
instrumentation, has chosen to have its American Depositary
Receipts (ADRs) traded on OTCQX®, the best OTC marketplace with
qualified companies.
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Silex Systems began trading today on OTCQX International, a
segment of the OTCQX marketplace reserved for high-quality non-U.S.
companies that are listed on a qualified international exchange and
provide their home country disclosure to U.S. investors. U.S.
investors can find current financial disclosures and Real-Time
Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased Silex Systems has chosen to upgrade to OTCQX,"
said R. Cromwell Coulson, President
and CEO of OTC Markets Group. "OTCQX is the best OTC
marketplace offering qualifying companies like Silex the means to
enhance their U.S. shareholder base through high-quality
disclosure, transparent trading and ease of access to company
information."
"We are pleased and proud to join OTCQX, which will enable us to
provide our U.S. investors with timely news and information to help
them better analyze, value and trade our securities," said Dr.
Michael Goldsworthy, CEO of Silex
Systems.
BNY Mellon will serve as Silex Systems' Principal American
Liaison ("PAL") on OTCQX, responsible for providing professional
guidance on OTCQX requirements.
Silex Systems trades in the U.S. on OTCQX under the symbol
"SILXY," where each ADR represents 5 ordinary shares.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and
Connected financial marketplaces for 10,000 U.S. and global
securities. Through our OTC Link® ATS, we directly link a diverse
network of broker-dealers that provide liquidity and execution
services for a wide spectrum of securities. We organize these
securities into marketplaces to better inform investors of
opportunities and risks – OTCQX®, The Best Marketplace with
Qualified Companies; OTCQB®, The Venture Stage Marketplace with
U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with
Variable Reporting Companies. Our data-driven platform enables
investors to easily trade through the broker of their choice at the
best possible price and empowers a broad range of companies to
improve the quality and availability of information for their
investors. To learn more about how we create better informed and
more efficient financial marketplaces, visit
www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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SOURCE OTC Markets Group Inc.