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Actionable news in ONCY: Oncolytics Biotech, Inc.,

Oncolytics: News Release Dated October 29, 2015

The following excerpt is from the company's SEC filing.

Exhibit 99.1

Oncolytics Biotech® Inc. Announces Receipt of Qualification for Trading on the OTCQX and Nasdaq Notice of Delisting

Inc. ("Oncolytics" or the "Company") (TSX:ONC; NASDAQ:ONCY) announced today that it has received notification from OTC Markets Group Inc. of its qualification for trading in the United States on the OTCQX

Best Market ("OTCQX").

In addition, the Company has received notice from the Nasdaq OMX Group ("Nasdaq") stating that, in accordance with Nasdaq listing rules, the Company's shares will be delisted f rom the Nasdaq Capital Market, effective from the opening of trading on November 5

, 2015, for not maintaining the minimum $1.00 per share required for continued listing under Listing Rule 5550(a)(2).

Oncolytics expects to begin trading on the OTCQX under the symbol "ONCY" on November 5

, 2015. Investors will be able to find current financial disclosure and Real-Time Level 2 quotes for the Company on

The Company's shares continue to trade on the Toronto Stock Exchange ("TSX") under the symbol "ONC" and are in full compliance with TSX listing requirements. The Company's listing on the TSX is completely independent of, and will not be affected by, the status of its OTCQX quotation and its Nasdaq...