Energy
Tuesday, December 19th, 2023 2:55 pm EDT
Key Points
- Upgrade to OTCQB Venture Market: Vortex Energy Corp. has successfully upgraded from the OTC Pink Market to the OTCQB Venture Market. As of December 19, 2023, the company’s common shares are trading on the OTCQB under the symbol “VTECF.” This move is seen as a milestone achievement, with expectations of greater visibility and transparency for U.S. investors, allowing the company to reach a wider audience.
- Multiple Stock Exchange Listings: While the common shares of Vortex Energy Corp. are now trading on the OTCQB, they will continue to be traded on the Canadian Securities Exchange under the symbol “VRTX” and the Frankfurt Stock Exchange under the symbol “AA3.” This highlights the company’s presence on multiple stock exchanges, providing investors with various platforms for trading.
- Company Overview and Projects: Vortex Energy Corp. is described as an exploration stage company primarily involved in the acquisition, exploration, and development of mineral properties in North America. The article mentions the company’s focus on advancing the Robinson River Salt Project, covering 942 claims and located in Newfoundland & Labrador, which is prospective for both salt and hydrogen salt cavern storage. Additionally, the company holds the Fire Eye Project in northern Saskatchewan, Canada, and is exploring technologies for efficient hydrogen or energy storage in salt caverns. The mention of these projects provides context about the company’s core activities and areas of interest.
Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company“) is pleased to announce that it has successfully upgraded from the OTC Pink Market to the OTCQB Venture Market.
The Company’s common shares started trading on the OTCQB under the symbol “VTECF” as of the opening of the market on December 19, 2023. The Company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol “VRTX” and the Frankfurt Stock Exchange under the symbol “AA3”.
Vortex Energy CEO, Paul Sparkes commented, “Being approved to trade on the OTCQB Venture Market is a milestone achievement for the company. We expect much greater visibility and transparency for our US investors, which we anticipate will allow us to reach a wider audience.”
The OTCQB, operated by OTC Markets Group, Inc., is a market designed for developing and entrepreneurial companies in the United States and abroad. To be eligible for trading on the OTCQB, companies must be current in their financial reporting with the Securities and Exchange Commission, pass a minimum bid price test, maintain audited financials through a PCAOB registered firm, and undergo company verification and management certification on an annual basis.
About Vortex Energy Corp.
Vortex Energy Corp. is an exploration stage company engaged principally in the acquisition, exploration, and development of mineral properties in North America. The Company is currently advancing its Robinson River Salt Project comprised of a total of 942 claims covering 23,500 hectares located approximately 35 linear kms south of the town of Stephenville in the Province of Newfoundland & Labrador. The Robinsons River Salt Project is prospective for both salt and hydrogen salt cavern storage. The Company is also evaluating technologies to efficiently store hydrogen or energy in salt caverns. Vortex also holds the Fire Eye Project, which is located in the Wollaston Domain of northern Saskatchewan, Canada.
On Behalf of the Board of Directors
Paul Sparkes
Chief Executive Officer, Director
+1 (778) 819-0164
info@vortexenergycorp.com
