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AJX Alexium International Group Limited

0.012
0.00 (0.00%)
16 May 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Alexium International Group Limited ASX:AJX Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.012 0.011 0.012 0.012 0.012 0.012 94,000 07:10:49

Alexium International Group Ltd. Joins OTCQX

13/01/2012 12:00pm

PR Newswire (US)


Alexium (ASX:AJX)
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NEW YORK, Jan. 13, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Alexium International Group Ltd. (OTCQX: AXXIY; ASX: AJX; AX: AJX), a company focused on leveraging leading edge technology from defense laboratories into the commercial sector, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.

(Logo:  http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )

Alexium began trading today on the OTC market's prestigious tier, OTCQX International.  Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

"Investors prefer the quality-controlled admission process on OTCQX which identifies the segment of OTC companies focused on valuation and transparency," stated R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Alexium to OTCQX."

Merriman Capital, Inc. will serve as Alexium's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Alexium International Group Ltd.

Alexium International Group Ltd. (OTCQX: AXXIY; ASX: AJX; AX: AJX) trades in the United States on OTCQX under the symbol "AXXIY", where each ADR represents 40 ordinary shares. Alexium International Group Limited holds proprietary patent applications for a process developed by the US Department of Defense, which allows the surface modification and attachment of nano particles or multiple chemical functional groups to surfaces or substrates to provide functions such as water proofing, oil proofing, anti microbial, non-stick and UV protection. Applications under development include but are not limited to textiles, paints, packaging, glass and building materials.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks.  Our OTC Link platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities.  We categorize the wide spectrum of OTC-traded companies into three tiers - OTCQX (the quality-controlled marketplace), OTCQB® (the venture marketplace), and OTC Pink (the open marketplace) - so investors can identify the level and quality of information companies provide.  To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit www.otcmarkets.com.

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SOURCE OTC Markets Group Inc.

Copyright 2012 PR Newswire

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