Article from the Kansas Star - also reported in PR Newswire.
Report states that it began trading today. ASX co announcement states "that its American Depository Receipts (?ADR?s?) are available for trading in the United States on OTCQX International under the symbol ?NKWEY.?"
Could explain 5% rise today.
Could be positive into the future.
Great timing with BFS imminent
NKWE Platinum Ltd. Joins OTCQX Pink OTC Markets Inc. More News
/PRNewswire/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that NKWE Platinum Group Ltd. (ASX: NKP; OTCQX: NKWEY), an emerging PGM (Platinum Group Metals) focused company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX?.
NKWE Platinum began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
"Companies use OTCQX to expand their access to investors, engage them with quality disclosure of their financials, and provide trading transparency to stimulate liquidity," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome NKWE Platinum to OTCQX."
Madison Williams and Company will serve as NKWE Platinum's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About NKWE Platinum Ltd.
NKWE Platinum Group Ltd. (ASX: NKP; OTCQX: NKWEY) will trade in the United States on OTCQX under the symbol "NKWEY", where each ADR will represent 20 ordinary shares. NKWE Platinum is an emerging PGM focused company engaged in the acquisition, exploration, and development of platinum group and associated base metal projects. NKWE's flagship asset is the Garatau/Tubatse Project which has a current JORC resource of 68.5moz 3PGM+ Au.