TORONTO, Nov. 21, 2013 /CNW/ - Wheels Group Inc. ("Wheels" or the "Company") (TSXV: WGI) (OTCQX: WGIJF), a leading North American non-asset third party logistics ("3PL")
provider, announced today that its common shares commenced trading in
the United States on OTCQX International, a segment of the OTCQX
marketplace, under the symbol "WGIJF." The common shares of Wheels
continue to trade on the TSX Venture Exchange under the symbol "WGI."
In connection with commencement of trading through the OTCQX market,
Wheels announced that certain corporate information will now be
available via MarketScope Advisor of S&P Capital IQ, a research engine
used by more than 100,000 investment advisors throughout North America.
In addition, certain corporate information of Wheels will be available
via the Stock Guide database of S&P Capital IQ, which is distributed to
all major quote vendors. A full description of Wheels will be published
in the Daily News section of Standard Corporation Records, a recognized
securities manual for secondary trading in up to 38 states under
applicable Blue Sky Laws.
"We expect trading on OTCQX to provide U.S. investors with enhanced
access to trading in our common shares which should allow us to further
diversify our shareholder base," said Doug Tozer, Chief Executive
Officer of Wheels.
Dorsey & Whitney LLP will serve as the Company's Principal American
Liaison ("PAL") on OTCQX responsible for providing professional
guidance on OTCQX requirements and related matters of U.S. securities
law. Investors can find current financial disclosures and Real-Time
Level 2 quotes for Wheels on www.otcmarkets.com.
Founded in 1988, Wheels is a leading North American 3PL, supply chain
logistics provider. As a non-asset provider, the Company develops
advanced supply chain solutions delivered through its qualified partner
network of over 6,000 truck, rail, air and ocean carriers. Wheels
serves consumer goods, food and beverage, manufacturing and retail
clients through 26 offices throughout the US and Canada. Wheels has
been named one of Canada's 50 Best Managed Companies since 1997, with
Platinum status since 2003. Wheels has been named one of North
America's Top 100 Third-Party Logistics ("3PL") Companies, one of the
Top 100 Food 3PL's and one of the Top Five Intermodal Marketing
Neither the TSX Venture Exchange, nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Wheels Group Inc.
For further information:
Patrick J Marshall
VP Corporate Development & Investor Relations
Tel: (905) 602-2700