RED BANK, N.J., July 3, 2013 /CNW/ - Natcore Technology Inc. (TSX-V: NXT; NTCXF.PK)has become listed on the Quotation Board of the Frankfurt Stock Exchange. The ticker symbol is 8NT. The market specialist is Baader Bank.
Owned and operated by Deutsche Borse AG, the Frankfurt Stock Exchange is the world's 10th largest stock exchange by market capitalization. Deutsche Borse also owns the European futures exchange Eurex and the clearing company Clearstream.
The Frankfurt Stock Exchange is located in Frankfurt, Germany. It accounts for over 90 percent of the turnover in the German market and a very large share of the European market. It facilitates advanced electronic trading, settlement and information systems, and so is able to meet the steadily growing requirements of cross-border trading.
Besides the specialist trading at Frankfurt Stock Exchange, its electronic trading system Xetra® is one of the leading electronic trading platforms in the world. More than 14 international exchanges have adopted Xetra. With its launch in 1997, the Frankfurt Stock Exchange has created attractive conditions for foreign investors and market participants. Some 130 of 250 market participants come from outside Germany.
Natcore's main listing remains on the TSX Venture Exchange. Quotes on the Frankfurt Exchange will be rendered in Euros.
"As we approach commercialization, we need a broader base for our shareholders," notes Natcore's CEO/President, Chuck Provini. "This move gives us exposure in a region where we have little penetration. We're having conversations with potential customers and joint venture partners in Europe. And we're pleased that a sixth market maker has asked to join our mix."
Before the addition of Baader Bank, Natcore had five market makers: Automated Trading Desk Financial Services; Canacord Genuity; Citadel Securities; G1 Execution Services; and Knight Execution & Clearing Services.
Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or Natcore's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in Natcore's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, Natcore expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Natcore Technology Inc.