LOS ANGELES–(BUSINESS WIRE)–Xtraction Services Holding Corp. (“Xtraction Services,” “XS” or the “Company”) (CSE:XS) (OTCQB:XSHLF), a specialty finance company engaged in equipment leasing in the United States, is pleased to announce that OTC Markets Group Inc. has approved the trading of Xtraction Services shares on the OTCQB Venture Market. The company’s shares will commence trading under the symbol “XSHLF,” as of today, January 15, 2019. The company’s shares will continue to trade on the CSE Exchange in Canada under the symbol “XS.”
David Kivitz, Chief Executive Officer of XS, commented, “We are pleased to be upgrading to trade on the OTCQB in order to provide improved accessibility and liquidity for U.S. investors. As we continue to market the story and gain broader interest, we believe trading on the OTCQB market will increase our exposure and profile with U.S. private and institutional investors.”
About Xtraction Services
Founded in 2017, XS specializes in providing equipment leasing solutions in the United States to owner/operators of cannabis and hemp companies, including cultivators, oil processors, manufacturers, and testing laboratories, among others. In addition, XS provides a full range of consulting services including equipment selection and procurement, through its network of preferred vendor partnerships with original equipment manufacturers and equipment distributors. Further, XS also provides a full range of all on-site support services including staff recruitment, process development, and product formulation. This powerful dynamic provides an end-to-end solution for customers which results in recurring revenues, strong profit margins, and a proven business model for XS stakeholders.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Chief Executive Officer
Director, Sales & Marketing