Powermax has announced the appointment of a new CFO, commenced trading on the OTCQB market, appointed Independent Trading Group, Inc. (ITG) as a market maker on the Canadian Securities Exchange (CSE), and engaged Euro Digital for marketing services. The Company welcomes Kyle Nazareth as its Chief Financial Officer, and expands its investor reach by listing on the OTCQB market, which is in addition to its existing listing on the Canadian Securities Exchange. ITG will help improve the liquidity of Powermax's stock on the CSE, and Euro Digital will perform marketing services for up to six months.
Powermax , effective October 10, 2025, has appointed Mr. Kyle Nazareth of Branson Corporate Services as its Chief Financial Officer. Mr. Nazareth, bringing over a decade of experience in managing public companies, advising on capital market transactions, and providing financial stewardship, will provide strategic financial consulting and financial compliance services. He succeeds Reena Sall, whom the Company's Board and management thanked for her contributions.
Furthermore, the Company's common shares have commenced trading on the OTCQB market under the ticker symbol PWMXF as of October 9th, 2025. This OTC listing broadens the accessibility of the shares to a larger pool of US investors while the company continues to trade on the Canadian Securities Exchange under the symbol PMAX. Paul Gorman, Powermax CEO, highlighted the OTCQB listing as an endorsement of the company’s positive momentum and a reflection of its dedication to transparency, growth, and shareholder value. The Company is committed to complying with all necessary ongoing requirements and OTCQB listing standards, which includes the filing of periodic reports, disclosure, and the annual OTCQB certification. Investors in the United States can access current financial disclosure and Real-Time Level 2 quotes for the Company. \In a separate development, Powermax has appointed Independent Trading Group, Inc. (ITG) as a market maker for its shares trading on the Canadian Securities Exchange (CSE). ITG, a prominent Canadian broker-dealer known for providing liquidity and execution services, will strive to enhance liquidity and contribute to a fair and orderly market for Powermax’s shares by actively buying and selling them on the CSE and other Canadian trading venues. Paul Gorman, CEO of Powermax, emphasized ITG's experience and commitment to client service, expressing confidence that it will enhance the trading experience for investors. The contract with ITG commences on October 14, 2025, and is for a month-by-month period, subject to automatic monthly extensions with a monthly fee of CDN $5,500. ITG will not receive shares or options as compensation. ITG and Powermax are unrelated and unaffiliated entities. ITG is a Toronto-based IIROC dealer-member specializing in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Founded in 1992, ITG has used its proprietary technology to deliver high-quality liquidity provision and execution services.\Powermax has also engaged Euro Digital for marketing services. The engagement will last up to six months, starting on or about October 12, 2024, or until the marketing budget is exhausted, and its duration may be adjusted depending on the efficacy of the services. Euro Digital is expected to develop marketing campaigns, including ad groups, text ads, display ads, conduct keyword research, manage remarketing campaigns, optimize keyword options, coordinate online advertisers and marketers to reach marketing targets, create landing pages, and generally increase attention to the Company's business. Euro Digital’s promotional activities will occur on various digital platforms. The company will pay a fee of USD $500,000 (plus GST) to Euro Digital for these services, without issuing any securities as compensation
Powermax CFO Appointment OTCQB Listing Market Maker Marketing Campaign
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PepsiCo: Turnaround Hopes Rest on Execution After Mixed Quarter, CFO ChangeMarket Analysis by covering: PepsiCo Inc. Read 's Market Analysis on Investing.com
Read more »
Jared Poff Steps Down as Designer Brands CFO After 10 YearsJared Poff is leaving his role as executive vice president, chief financial officer and chief administrative officer at DSW parent Designer Brands.
Read more »
Ethereum Foundation Assembles 47 Experts for New Privacy InitiativeThe new initiative will unite Ethereum’s top cryptographers and engineers under a single privacy framework.
Read more »
Happy Creek Announces CFO Retirement, Highland Valley Project Amendment, and Cariboo Royalty AcquisitionHappy Creek provides a corporate update, announcing the retirement of its CFO, amendment to the Highland Valley Project asset purchase agreement, and acquisition of Net Smelter Return royalties over its Cariboo Projects.
Read more »
U.S. Stocks Drift Near Record Highs While Oil Prices SinkU.S. stocks are slightly up, nearing record levels, while oil prices experience a decline. The Dow Jones and Nasdaq show modest gains, while the oil market sees a significant drop. Levi Strauss stock fell despite strong profits, and Amcor rose after announcing a new CFO. International markets show mixed performance, and Treasury yields declined.
Read more »
Liberty Star Sabrina Ionescu Lands on All-WNBA TeamNew York Liberty star Sabrina Ionescu has earned a historic appointment on the All-WNBA team.
Read more »