13:05:22 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
CA



Pason Systems Inc
Symbol PSI
Shares Issued 79,536,330
Close 2024-03-11 C$ 14.07
Market Cap C$ 1,119,076,163
Recent Sedar Documents

Pason Systems begins trading on OTCQX Best Market

2024-03-12 09:33 ET - News Release

An anonymous representative of OTC Markets reports

OTC MARKETS GROUP WELCOMES PASON SYSTEMS INC. TO OTCQX

Pason Systems Inc. has qualified to trade on the OTCQX Best Market. Pason Systems upgraded to OTCQX from the Pink market.

Pason Systems begins trading today on OTCQX under the symbol PSYTF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Securities Law USA acted as the company's OTCQX sponsor.

About Pason Systems Inc.

Pason Systems is a leading global provider of specialized data management systems for drilling rigs. Its solutions, which include data acquisition, well site reporting, remote communications, Web-based information management and analytics, enable collaboration between the rig and the office. Through its wholly owned subsidiary, Intelligent Wellhead Systems Inc. (IWS), it also provides engineered controls, data acquisition and software to automate workflows and processes for oil and gas well completions operations, improving well site safety and efficiency. Through its wholly owned subsidiary, Energy Toolbase Software Inc. (ETB), it also provides products and services for the solar power and energy storage industry. ETB's solutions enable project developers to model, control and monitor economics and performance of solar energy and storage projects. The company operates in three geographic segments: Canada, the United States and international (Latin America, offshore, the Eastern Hemisphere and the Middle East).

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