Apart from Condor Gold (LON:CNR), OTC Markets Group Inc. (OTCMKTS:OTCM) today announced that Fortress Paper Ltd. (TSE: FTP), an international producer of specialty pulp and security paper products, has qualified to trade on the OTCQX Best Market.
Fortress Paper upgraded to OTCQX from the Pink market.
Fortress Paper begins trading today on OTCQX under the symbol “FTPLF.”
Jason Paltrowitz
We are pleased to welcome Fortress Paper to OTCQX,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “OTCQX provides an efficient and transparent U.S. trading market for Canadian companies that are looking to expand their visibility and shareholder base in the U.S. We look forward to supporting Fortress Paper and its shareholders in the public markets.
Yvon Pelletier, Chief Executive Officer and President of Fortress Paper, commented:
In response to growing international interest in Fortress Paper, we have endeavored to improve visibility and access to Fortress Paper’s common shares for investors outside of Canada. We believe that the OTCQX platform will expand Fortress Paper’s exposure and liquidity in the United States by offering interested investors additional access to information and buying and trading our common shares.
Fortress Paper was sponsored for OTCQX by SecuritiesLawUSA, PC, a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Fortress Paper operates internationally in two distinct business segments: dissolving pulp and security paper products. The company operates its dissolving pulp business at the Fortress Specialty Cellulose Mill located in Canada, which has expanded into the renewable energy generation sector with the construction of a cogeneration facility.
The company operates its security paper products business at the Landqart Mill located in Switzerland, where it produces banknote, passport, visa and other brand protection and security papers.