Regulatory
Resource Centrix Announces Formal Commencement of OTCQB Application, Confirmation of Corporate Development Manager-Mr. Jeffrey Wong, and Resignation of Director Mr. Kyle Bergstrom
RECE · Price
Executive Summary
- Resource Centrix Holdings Inc. has formally begun the application process to dual‑list its common shares on the OTCQB® Venture Market in the United States.
- The Company announced the promotion of Mr. Chun Jeffrey Wong from Corporate Development Manager to Director, recognizing his role in advancing the OTCQB readiness.
- Director Kyle Bergstrom resigned effective 28 Nov 2025 and will serve as an ad‑hoc advisor to the board.
Key Details
- Dual‑Listing Application: Resource Centrix filed the initial submission for a dual‑listing on the OTCQB® Venture Market, subject to approval by OTC Markets Group and compliance with all OTCQB standards (e.g., $0.01 bid test, current reporting).
- Board Appointment: Mr. Chun Jeffrey Wong, Corporate Development Manager since 1 Mar 2025, was appointed to the Board of Directors in recognition of his contributions to the OTCQB preparatory process and U.S. capital‑markets strategy.
- Resignation & Advisory Role: Director Kyle Bergstrom resigned effective 28 Nov 2025; he will continue to provide advisory services to the board on an ad‑hoc basis.
- Share Trading: The Company’s common shares will continue trading on the Canadian Securities Exchange under “RECE”; OTCQB trading will commence only after all regulatory approvals are obtained.
- Management Commentary: CEO Billy Chan emphasized that advancing the OTCQB application is a decisive step in the Company’s capital‑markets strategy and highlighted the strategic value of strengthening board governance.
Notable Quotes
“Formally advancing our OTCQB dual‑listing application represents a decisive step in Resource Centrix's capital‑markets strategy… We look forward to Mr. Wong’s continued leadership as a member of the Board, and we are confident that his expanded role will support the Company in increasing shareholder value.” – Billy Chan, CEO
Materiality Assessment: Non‑Material – Positive (the announcement is primarily governance‑related with no immediate financial impact, but it signals strategic intent to broaden market access).