VANCOUVER, Oct. 25, 2018 /CNW/ - Axion Ventures Inc.
("Axion", or the "Company") (TSX VENTURE:
AXV) (OTCQX: AXNVF) is pleased to announce that the Company's
common shares commenced trading today on the OTCQX® Best
Market, a top tier public market in the
United States, under the symbol "AXNVF". Axion Ventures
shares will also continue to be listed on Canada's TSX Venture Exchange under the symbol
"AXV".
"In response to growing investor interest and the expected
launch of Rising Fire, our 600 man-year, third-person shooter, role
playing game with Tencent Holdings
Limited (HKG: 0700), we have chosen to have our shares traded on
OTCQX," said Todd Bonner, Chairman
and CEO of Axion. "We anticipate that the OTCQX Market will
provide Axion with greater exposure, accessibility and liquidity in
the United States and broaden our
potential audience to a group of investors who can participate in
our success while using a platform that allows them to better
analyze, value and trade our shares."
Trading on OTCQX is designed to provide existing and future U.S.
shareholders with ease of trading the Company's shares and
convenient access to its news and financial disclosures. U.S.
investors can find current financial disclosure and Real-Time Level
2 quotes for Axion on www.otcmarkets.com.
About Axion Ventures
Axion is an Investment Issuer with majority ownership in Axion
Games, an online video game development and publishing company
headquartered in Shanghai, China
as well as in True Axion Interactive Ltd., a video game development
company headquartered in Bangkok,
Thailand and cofounded with True Corporation. Axion also
maintains holdings in other innovative technology
companies.
Axion trades on the TSX Venture Exchange under the symbol "AXV"
and on the OTCQX® market under the symbol "AXNVF".
Neither the 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.
Cautionary Statement Regarding Forward-Looking
Information
Certain statements contained in this press release may
constitute forward-looking information. These statements relate to
future events or future performance. The use of any of the words
"could", "intend", "expect", "believe", "will", "projected",
"estimated", "proposed" and similar expressions and statements
relating to matters that are not historical facts are intended to
identify forward-looking information and are based on Axion's
current belief or assumptions as to the outcome and timing of such
future events. Actual future results may differ materially. In
particular, this release contains forward-looking information
relating to the anticipated launch of Rising Fire, anticipation
that the OTCQX platform will provide Axion with greater exposure,
accessibility and liquidity in the United
States, and the broadening of potential audience to a group
of investors who can participate in Axion's success while using a
platform that allows them to better analyze, value and trade our
shares. Various assumptions or factors are typically applied in
drawing conclusions or making the forecasts or projections set out
in forward-looking information. Those assumptions and factors are
based on information currently available to Axion. Risk factors
that could cause actual results or outcomes to differ materially
from the results expressed or implied by forward-looking
information include, among other things: general economic and
business conditions; and changes in regulatory regimes. Axion
cautions the reader that the above list of risk factors is not
exhaustive. The forward-looking information contained in this
release is made as of the date hereof and Axion is not obligated to
update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, except as
required by applicable securities laws. Because of the risks,
uncertainties and assumptions contained herein, investors should
not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
View original
content:http://www.prnewswire.com/news-releases/axion-ventures-begins-trading-on-otcqx-in-the-united-states-300737678.html
SOURCE Axion Ventures Inc.