Peloton Minerals applies for listing on OTCQB

Sep 16, 2016

PELOTON APPLIES FOR LISTING ON THE OTC QB MARKET IN THE UNITED STATES IN ADDITION TO CANADIAN LISTING

Peloton Minerals Corp. has applied for listing of the company shares on the OTCQB Market in the United States and will also continue to list on the Canadian Securities Exchange. The company will provide further particulars upon completion of the approval process, which is expected to take several weeks.

The OTCQB Market is referred to as America’s venture market in the OTC Markets literature, with 960 U.S. and international companies listed having $74.2-billion (U.S.) in total market cap and a median market cap of $12.8-million (U.S.).

The objective in seeking this U.S. listing is to increase exposure, liquidity and market cap. Several of the company’s mineral projects are located in the United States, but U.S. potential shareholders have a very difficult time accessing or trading the company shares at this time. By listing on the OTCQB Market, U.S. investors have greater ease in trading or participating financially in the company’s U.S. projects.

Peloton president Edward L. Ellwood comments, “Our Canadian listing on the CSE has been an essential part of our development to date and has facilitated this additional U.S. listing application, which, if successful, will be a natural fit to enable us to expand our audience and shareholder base.”

For further information, please contact Mr. Ellwood, MBA, president and chief executive officer, at 1-519-964-2836.

Peloton Minerals owns a 100-per-cent working interest in four exploration projects located in the U.S. states of Nevada and Montana, and in the province of Ontario, Canada.

http://www.pelotonminerals.com/2016.php