Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced approval of its common shares for up-listing of trading on the OTCQB Venture Market, a US trading platform operated by the New York-based OTC Markets Group. Effective immediately, Redfund will commence trading on the OTCQB under the symbol “PNNRF,” while continuing to trade its common shares on the CSE under the symbol “LOAN” and on under the symbol “O3X4” on the Frankfurt Exchange. “The listing of Redfund’s common stock to the OTCQB Exchange is an exciting milestone,” Redfund Capital CEO Meris Kott stated in the news release. “Even though Redfund has been a fully reporting company since its inception and listing to the Canadian Securities Exchange, or CSE, we believe that the broader exposure afforded by the OTCQB will raise our visibility within the US investment community and assist in increasing the liquidity of our common stock. In addition, we believe that trading on this established US based public market will help to generate exposure of our Company among institutional investors both in Canada, the US and Europe.”
To view the full press release, visit http://cnw.fm/M0uSd
About Redfund Capital Corp.
Redfund intends to provide debt and equity funding in the middle to late stages of a target company’s development or in technologies that are developed and validated by revenues. The present focus of the merchant bank is on medical cannabis, hemp and CBD-related and healthcare-related companies. For further information, visit the company’s website at www.RedfundCapital.com.
NOTE TO INVESTORS: The latest news and updates relating to PNNRF are available in the company’s newsroom at http://cnw.fm/PNNRF
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