Village Farms begins trading on OTCQX market
Village Farms begins trading on OTCQX market
Village Farms International Inc. has qualified to trade on the OTCQX Best Market, according to OTC Markets Group Inc., operator of open, transparent and connected financial markets.
Village Farms began trading on OTCQX under the symbol “VFFIF” on Monday, Aug. 3. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on www.otcmarkets.com.
“Village Farms’ cutting-edge greenhouse operations and extensive network of grocery customers is meeting North America’s growing consumer demand for local, sustainable — and great tasting — produce,” R. Cromwell Coulson, president and chief executive officer of OTC Markets Group, said in a press release. “We are proud to welcome Village Farms to the OTCQX market which will allow the company to use its existing Canadian disclosure and listing requirements to broaden its shareholder base in the U.S. market.”
Michael A. DeGiglio, president and CEO of Village Farms, said, “While our operations are evenly split between the U.S. and Canada, our sales are predominantly in the U.S. and over the years we continue to receive requests from U.S. individuals and institutions to purchase shares in Village Farms. In response to these requests and to increase our investor base, the OTCQX market provides the solution. Village Farms was founded in the U.S. in 1987, so we are proud to be traded on a premium U.S. market.”
J.P. Galda & Co. serves as Village Farms’ principal American liaison on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.