Digital media company Mooter Media (ASX:MMZ) has established a Level 1 American Depository Receipt (ADR) program, as part of its preparation for listing on the OTCQX International.
Mooter said it has already received the required approvals from the OTCQX, and is now entitled to proceed with the listing and quotation of its ADRs on that market
The company's chairman, Peter Jermyn, plans to make the trip to the US at the end of the week to conclude the listing arrangements.
He also aims to complete agreements with Mooter's market makers and institutional investors, and help advance several sponsor and media partnerships.
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