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TORONTO, Jan. 29, 2025 /CNW/ - Baylin Technologies Inc. (TSX: BYL) ("Baylin" or the "Company") is pleased to announce that, as of January 29, 2025, the Company's common shares will be quoted and available to trade on the OTCQB® market. This regulated market is operated by OTC Markets Group Inc. and provides US investors with ready access to market information about non-US companies such as Baylin.
Baylin begins trading today on OTCQB under the symbol "BYLTF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
Baylin's Chief Executive Officer, Leighton Carroll, commented, "Today marks an exciting milestone for the Company as Baylin shares are now quoted on the OTCQB market. The timing could not be better as we see a return to growth, driven by a sustained acceleration of innovation in high tech communication technologies. Given our significant U.S. commercial footprint, this was a logical next step to allow U.S. investors and employees easy access to purchase shares in the Company."
About Baylin
Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency and satellite communications products, and the provision of supporting services. Baylin aspires to exceed its customers' needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.
Forward Looking Statements
This press release includes forward-looking information and forward-looking statements (together, "forward-looking statements") within the meaning of applicable securities laws. Forward-looking statements are not statements of historical fact. Rather, they are disclosure regarding conditions, developments, events or financial performance that we expect or anticipate may or will occur in the future, including, among other things, information or statements concerning our objectives and strategies to achieve those objectives, statements with respect to management's beliefs, estimates, intentions and plans, and statements concerning anticipated future circumstances, events, expectations, operations, performance or results. Forward-looking statements can be identified generally by the use of forward looking terminology, such as "anticipate", "believe", "could" "should", "would", "estimate", "expect", "forecast", "indicate", "intend", "likely, "may", "outlook", "plan", "potential", "project", "seek", "target", "trend" or "will", or the negative or other variations of these words or other comparable words or phrases, and are intended to identify forward-looking statements, although not all forward-looking statements contain these words.