Engagement Labs Announces Trading on the OTCQB
MONTREAL, QC and NEW BRUNSWICK, NJ–(Marketwired – March 08, 2018) – Engagement Labs (TSX VENTURE: EL) (OTCQB: ELBSF) is pleased to announce that its common shares will commence trading on the OTCQB® Venture Market in the United States under the symbol “ELBSF” on March 8, 2018.
“Admission to the OTCQB market is part of the company’s strategy to serve the U.S. market, which has become increasingly important since the launch of our TotalSocial® data and analytics platform and because of a growing investor base in the U.S.,” said Ed Keller, CEO of Engagement Labs. “The OTCQB provides us with a trading platform for current and future American investors as well as a means of increasing our international visibility.”
The OTCQB Venture Market is for early-stage and developing U.S. and international companies. It provides more efficient access to U.S. investors, helping Canadian companies to build shareholder value with a goal of enhancing liquidity and share valuation. Through trading on the OTCQB, companies can engage a far greater network of U.S. investor, data distributors and media partners, ensuring U.S. investors have access to the same high-quality information that is available to investors in Canada, but through U.S. platforms and portals used to conduct research. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
Engagement Labs will continue to trade on the TSX Venture Exchange (TSX-V) under its existing symbol “EL.”
About Engagement Labs
Engagement Labs (TSX VENTURE: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that focuses on the entire social ecosystem and its impact on businesses. Engagement Labs’ TotalSocial platform provides brands with unique online (social media) and offline (word of mouth) insights, and predictive analytics achieved through machine learning, to reveal the social metrics and insights that will increase marketing ROI and top line revenue. TotalSocial, which tracks 500 brands, is the only platform that provides marketers with proprietary brand data, industry and competitive intelligence and in-depth analysis of what drives performance and how to improve, while tracking KPI’s and goals.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, Engagement Labs does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.