OTC Markets Group Welcomes Canadian Utilities Limited to OTCQX

Rhea-AI Summary

OTC Markets Group announced that Canadian Utilities Limited (TSX: CU; OTCQX: CDUAF), a diversified global energy infrastructure corporation, has upgraded from the Pink market to trade on the OTCQX Best Market. The company began trading under the symbol 'CDUAF' on June 10, 2025. The OTCQX upgrade provides U.S. investors with enhanced transparency, access to current financial disclosures, and Real-Time Level 2 quotes through www.otcmarkets.com. Companies trading on OTCQX must meet strict financial standards, maintain best practice corporate governance, and comply with securities laws. For internationally listed companies, the market offers streamlined standards allowing them to use their home market reporting for U.S. information disclosure.

Positive

• Upgrade to OTCQX Best Market provides enhanced visibility and accessibility to U.S. investors
• Real-Time Level 2 quotes and financial disclosure availability improves transparency
• Streamlined reporting standards through home market reporting reduces compliance burden

Negative

• None.

NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Canadian Utilities Limited (TSX: CU; OTCQX: CDUAF), a diversified global energy infrastructure corporation, has qualified to trade on the OTCQX® Best Market. Canadian Utilities Limited upgraded to OTCQX from the Pink® market.

Canadian Utilities Limited begins trading today on OTCQX under the symbol “CDUAF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

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.

About Canadian Utilities Limited
Canadian Utilities Limited and its subsidiary and affiliate companies have approximately 9,100 employees and assets of $24 billion. Canadian Utilities, an ATCO company, is a diversified global energy infrastructure corporation delivering essential services and innovative business solutions. ATCO Energy Systems delivers energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations segments. ATCO EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX^® Best Market, OTCQB^® Venture Market and Pink^® Open Market.

Our OTC Link^® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS^TM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

FAQ

What does Canadian Utilities Limited's upgrade to OTCQX mean for investors?

The upgrade provides U.S. investors with better transparency, access to real-time quotes, and current financial disclosures through www.otcmarkets.com

What is Canadian Utilities Limited's new trading symbol on OTCQX?

Canadian Utilities Limited trades on OTCQX under the symbol 'CDUAF'

What requirements did Canadian Utilities Limited meet to qualify for OTCQX?

The company met high financial standards, followed best practice corporate governance, and demonstrated compliance with applicable securities laws

When did Canadian Utilities Limited begin trading on OTCQX?

Canadian Utilities Limited began trading on OTCQX on June 10, 2025

What market did Canadian Utilities Limited upgrade from?

Canadian Utilities Limited upgraded to OTCQX from the Pink market