Toronto, Ontario, Feb 08, 2017 (Filing Services Canada via Comtex) – Oxford Considering Canadian Listing
Toronto, Ontario (FSCwire) – Oxford Investments Holdings Inc. (Oxford or the Company)(otcmkts:OXIHF) is pleased to announce that it has begun initial consultations for review of a possible listing of its common shares on the Canadian Stock Exchange (CSE) and has retained securities counsel to advise in respect of the listing.
The Company believes that having its common shares solely listed on the OTC Pink Sheets market limits the Companys corporate finance capabilities to fund growth or invest in other business opportunities. Management believes a CSE listing may better enable Oxford to pursue investments that could provide some diversification and create shareholder value, while reducing dependency on its processing business as the sole source of income.
We are often presented with compelling business opportunities but have not been able to capitalize on them because our shares trade in the US on the Pink Sheets, which for Canadian investors can be illiquid. The investors we speak to would prefer shares traded on a Canadian exchange, stated Michael Donaghy, President of Oxford. I believe a Canadian listing would be very beneficial to our shareholders and enhance our ability to raise capital to build our Company.
As previously reported, Oxford has been exploring other avenues to diversify its revenue base and build shareholder value. The Company has entered into discussions with a company in western Canada regarding a potential opportunity. The Company will provide further updates in regards to its progress, as details become available.
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc. is establishing itself as a leading payment solutions provider. The Company acts as a third-party processor, directing online merchants who require credit card processing to the companys network of processors whose payment gateways are integrated into a number of banks in China. Oxford earns commission revenues from the processors, while minimizing its infrastructure requirements and overhead costs. Oxford, through its partner, Koho Group, has also established relationships in the Chinese financial and electronic payments industries.
FORWARD LOOKING STATEMENTS DISCLAIMER:
Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company’s financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company’s filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.
This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company’s current strategy or product offerings.
Oxford Investments Holdings Inc
Michael Donaghy 1-800-293-4871
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Source: Oxford Investment Holdings Inc. (otcqb:OXIHF) http://www.oxsof.com/
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