Builddirect.com's shares start trading on OTCQB

Executive Summary

• Builddirect.com Technologies Inc. has announced that its common shares will commence trading on the U.S. OTCQB Venture Market under the ticker symbol BDCTF.
• The company will maintain its dual-listing status, continuing to trade on the TSX Venture Exchange under the symbol BILD.
• Builddirect has applied for eligibility with the Depository Trust Company (DTC) to facilitate simplified electronic clearing and settlement for U.S. investors, though this eligibility is currently pending.

Key Details

• U.S. Listing: Common shares began trading on the OTCQB Venture Market under the ticker symbol BDCTF.
• Canadian Listing: Shares continue to trade on the TSX Venture Exchange under the symbol BILD.
• Strategic Rationale: The listing aims to broaden the shareholder base, increase access to U.S. capital markets, enhance visibility among U.S. retail and institutional investors, and support liquidity.
• DTC Eligibility: The company has applied for eligibility with the Depository Trust Company (DTC) to enable simplified electronic clearing and settlement for U.S. investors; this status is pending and expected in the near term.
• Market Context: The OTCQB Venture Market is operated by OTC Markets Group and requires companies to meet high financial standards, remain current in reporting, and undergo annual verification and management certification.

Notable Quotes

• "Listing on the OTCQB represents a significant step in our strategy to broaden Builddirect's shareholder base and increase access to U.S. capital markets... This dual-market presence enhances visibility among U.S. retail and institutional investors, supports liquidity, and reflects our commitment to transparent and accessible capital markets participation." — Shawn Wilson, Chief Executive Officer