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 Companies.
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