IRVING, Texas, April 22, 2016 (GLOBE NEWSWIRE) -- International Western Petroleum, Inc. (OTCQB:INWP) is pleased to announce that on April 14, 2016 the Company was accepted by OTC Markets Group to trade on its OTCQB trading platform.
As one of leading markets in the U.S. designed for developing companies, OTCQB is already amongst the leading global venture markets, competing with the TSX-Venture exchange in Canada and the AIM market in the U.K. Today, there are nearly 1,000 venture stage companies traded on OTCQB that represents total market capitalization of $57.7 billion, making OTCQB very competitive to the 2 other venture markets as mentioned above.
Dr. Benjamin Tran, International Western Petroleum’s Chairman, said, “We are very excited to join OTC Markets Group as a new fully reporting public company with the trading symbol INWP on its OTCQB platform. INWP is also looking for an option to uplist to the OTCQX in the near future.”
“As oil prices have started picking up lately, we look forward to a better future of our emerging growth company in the oil and gas sector as we commence trading soon. In the next few months, our management team has a plan to start roadshows to enhance our visibility and accelerate corporate growth upon our entry to the capital markets,” commented its CEO Ross Ramsey.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for our company on www.otcmarkets.com/stock/INWP/quote.
About International Western Petroleum, Inc.:
International Western Petroleum is a Texas-based E&P company that focuses on the acquisition, development, and exploration of crude oil and natural gas properties in Texas. The company is actively looking to acquire oil and gas properties and apply the latest technologies and production know-how to increase acreage, productions and reserves with a focus in the Central West Texas region. For more information, please visit its corporate website: www.iwpetroleum.com
Contact: Investor Relations Department International Western Petroleum, Inc. 5525 N. McArthur Blvd, Suite 280 Irving, TX 75038 Tel: 855-809-6900 Email: email@example.com
Source:International Western Petroleum Corporation