(Alvopetro, 15.Jan.2019) — Alvopetro Energy Ltd. announces that its common shares are now trading on the OTCQX® Best Market, a U.S. market operated by OTC Markets Group (OTCQX: OTCM), under the symbol “ALVOF”.
Alvopetro shares will continue to trade on the TSX Venture Exchange under the symbol “ALV”. United States investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Corey C. Ruttan, President and Chief Executive Officer of Alvopetro stated, “Alvopetro has made considerable progress over the last year in the execution of our natural gas project onshore Brazil. This is a transformational time for the company and we are excited to now be trading on OTCQX® to facilitate improved visibility and accessibility for our existing and expanding U.S. shareholder base."
Alvopetro was sponsored for OTCQX by J.P. Galda & Co., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
Alvopetro Energy Ltd.’s vision is to become a leading independent upstream and midstream operator in Brazil. Our strategy is to unlock the on-shore natural gas potential in the state of Bahia in Brazil, building off the development of our Caburé and Gomo natural gas assets and the construction of strategic midstream infrastructure.