Text Size:
A | A

Australia’s Maverick Drilling Now Trading On OTCQX International

Text Size: A | A
January 27, 2014

Australian oil company Maverick Drilling & Exploration Ltd. (ASX: MAD) began trading American Depositary Receipts (ADRs) on OTCQX International, a subset of the OTCQX, on Jan. 23, said OTC Markets Group Inc. (OTC: OTCM) that day. Each ADR represents 15 ordinary shares, the group said.

"This is an important step for Maverick. The ADR program will greatly assist in diversifying our shareholder base into the United States from our already strong support in Australia on the ASX,” said J. Michael Yeager, Maverick's chairman and CEO. Yeager was formerly CEO of ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription