OTC Markets Group welcomes Village Farms International to OTCQX
Village Farms begins trading on OTCQX under the symbol "VFFIF." 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," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "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, stated, "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 ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Village Farms is one of the largest producers, marketers, and distributors of premium-quality, greenhouse-grown fruits and vegetables in North America. The food its farmers grow, along with other greenhouse farmers under exclusive arrangements, are all grown in environmentally friendly, soil-less, glass greenhouses. The Village Farms® brand of fruits and vegetables is marketed and distributed primarily to local retail grocers and dedicated fresh food distributors throughout the United States and Canada.
Source: www.prnewswire.com