ROCHESTER, N.Y. | atcore Technology —
Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF; DAX: 8NT) has been approved to trade on OTCQB, an over-the-counter marketplace organized for venture-stage or early-stage companies.
This is an upgrade from OTC Pink (the “pink sheets”), where Natcore had previously traded. To be quoted on OTC Pink, companies are not required to file with the SEC. But on June 2, Natcore announced that it had become fully reporting with the SEC, a prerequisite to being upgraded to OTCQB.
On the OTCQB, Natcore’s trading symbol will continue to be NTCXF, as it was on OTC Pink.
“The U.S. is the largest financial market in the world,” says Chuck Provini, Natcore’s president and CEO. “The OTCQB alone puts us in a marketplace where there were $63 billion in trades last year. We remain listed on the Toronto Venture Exchange (TSX-V), where there were $15 billion in trades in 2014. Combined, the two will offer Natcore investors outstanding liquidity and trade execution.”
OTC Markets Group Inc. organizes securities into marketplaces to distinguish levels of opportunity and risk: OTCQX, which it calls “The Best Marketplace with Qualified Companies”; OTCQB, positioned as “The Venture Stage Marketplace with U.S. Reporting Companies”; and OTC Pink, described as “The Open Marketplace with Variable Reporting Companies.”
Natcore was organized in August 2007. The company went public in May 2009 on the Toronto Venture Exchange (TSX-V). In June 2013, the company also became listed on the Quotation Board of the Frankfurt Stock Exchange, where its symbol is 8NT.
About Natcore Technology
Natcore Technology is focused on using its proprietary nanotechnology discoveries to enable a variety of compelling applications in the solar industry. Specifically, the company is advancing applications in laser processing, black silicon and quantum-dot solar cells to significantly lower the costs and improve the power output of solar cells. With 59 patents (24 granted and 35 pending), Natcore is on the leading edge of solar research.