Dallas-based Silverleaf Resorts to list stock on NASDAQ

by PegNews wire

Dallas timeshare company moves from the American Stock Exchange.

DALLAS — Silverleaf Resorts, Inc. (AMEX:SVL) today announced that its common stock has been approved for listing on The NASDAQ Capital Market under the symbol “SVLF.” As a result, trading in Silverleaf common stock will cease on the American Stock Exchange and commence on The NASDAQ Capital Market effective as of the opening of the markets on or about March 1.

Photo not provided by Silverleaf Resorts

Investors will still have to sit through a 8-hour presentation before buying or selling stocks.

"We believe that The NASDAQ Capital Market will not only provide more recognition for Silverleaf in the investment community, but also create a more liquid, efficient and transparent marketplace, providing better execution quality for our stockholders," stated Thomas J. Morris, Sr. Vice President, Capital Markets of Silverleaf. "We have been pleased with our relationship with the American Stock Exchange staff and we appreciate their professionalism."

Based in Dallas, Silverleaf Resorts, Inc. owns and operates timeshare resorts with a wide array of country club-like amenities, such as golf, clubhouses, swimming, tennis, boating, and many organized activities for children and adults.

Source: Silverleaf Resorts