NEW YORK, Sept. 14 /PRNewswire/ -- Pink OTC Markets Inc., the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Nighthawk Energy plc (OTCQX: NHEGY, LSE-AIM: HAWK), a British registered oil and gas development and production company with assets in the Continental United States, has chosen to list its American Depositary Receipts (ADRs) on OTCQX. Nighthawk Energy's ADRs began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and real-time Level 2 quotes for the company on www.otcqx.com and www.pinksheets.com.
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"OTCQX provides Nighthawk Energy with easy access to U.S. investors and the ability for the company to diversify their shareholder base," said R. Cromwell Coulson, Chairman and CEO of Pink OTC Markets. "We welcome Nighthawk Energy to OTCQX."
SMH Capital, Inc. will serve as Nighthawk Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.
"SMH Capital is pleased to sponsor Nighthawk Energy and to serve as the Company's Principal American Liaison," said Stephen Nash, managing director and head of SMH Capital's OTCQX Advisory Group. "With an industry leading energy investment banking practice, SMH Capital is particularly well positioned to leverage the firm's expertise and raise Nighthawk Energy's profile among U.S. investors. In addition, our exclusive partnership with Daniel Stewart, a UK based full service investment bank and AIM Nomad, enables seamless coordination of trading and research distribution in the United States and Europe, affording Nighthawk Energy and our European PAL clients with unique and appreciable benefits."
Nighthawk Energy's ADRs will trade in the United States on OTCQX under the symbol "NHEGY", where each ADR will represent 20 ordinary shares. Nighthawk's shares are also listed on the London Stock Exchange's Alternative Investment Market (AIM) under the symbol "HAWK". The company's headquarters are in Bristol, UK.
About Nighthawk Energy plc
(LSE-AIM: HAWK, OTCQX: NHEGY) Nighthawk Energy plc is a dynamic UK registered energy company with a focus on the development of, and production from, hydrocarbon projects in the USA, a country with low political risk and a major shortfall in domestic oil and gas production. For more information, visit: http://nighthawkenergy.com/.
About SMH Capital
SMH Capital Investment Banking (www.smhcapital.com) is headquartered in New York with regional offices in Houston and New Orleans. The firm is a full-service investment bank providing middle-market companies with private placements and public offerings of equity and debt securities, as well as financial-advisory services in connection with mergers and acquisitions, restructuring and recapitalizations.
SMH Capital Markets provides corporate and investment banking services to affluent private investors, institutions, and middle-market corporations. SMH Capital Markets offers a full range of services including: private placements and public offerings of equity and debt securities, financial advisory services, institutional equity sales, trading, and research, as well as prime brokerage services for hedge funds and fixed income securities sales and trading. For more information, go to: www.smhib.com.
SMH Capital is a registered broker-dealer and a subsidiary of Sanders Morris Harris Group (Nasdaq: SMHG) (member FINRA/SIPC)
About Sanders Morris Harris Group
Sanders Morris Harris Group is a financial services holding company headquartered in Houston that manages approximately $16 billion in client assets. The subsidiaries and affiliates of Sanders Morris Harris Group deliver superior wealth advisory, asset management, and capital markets services to individual and institutional investors and middle-market companies. Its operating entities are Dickenson Group, Edelman Financial Center, Salient Partners, Salient Trust Co. LTA, SMH Capital, SMH Capital Advisors, Select Sports Group, and The Rikoon Group. Sanders Morris Harris Group has over 610 employees in 21 states. Additional information is available at http://www.smhgroup.com.
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. over-the-counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets is a financial information and technology services company that operates the leading electronic quotation and trading system in the over-the-counter, or OTC, securities market. The term "OTC securities" is a catchall phrase for any equity security that is not listed on a U.S. stock exchange. The OTCQX(R) and Pink Sheets(R) marketplaces that we operate constitute, by dollar volume, the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange.
Our technology platform provides a comprehensive suite of information products and trading services for OTC market participants. Our products and services promote market transparency, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants.
Through our Pink Quote(SM) inter-dealer quotation system and Pink Link(R) trade messaging system, we offer broker-dealers an independent, electronic platform to display their real-time, firm "bid" and "ask" quotes and communicate OTC trade information with each other. These systems generate a substantial amount of OTC market data, which we license to OTC market participants. By licensing OTC market data, we are able to offer quotation and trade messaging services to broker-dealers at a reduced cost. We also provide disclosure and information solutions for OTC traded companies that facilitate communication with investors and compliance with securities laws.
Pink OTC Markets is headquartered in New York City.
To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.pinkotc.com, www.pinksheets.com and www.otcqx.com or contact us at info@pinkotc.com.
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