NEW YORK, Jan. 19, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that AgriMarine Holdings, Inc. (TSX.V: FSH; OTCQX: AGMHF), a leader in floating closed containment technology and production for sustainable aquaculture, is now trading on the OTC market's highest tier, OTCQX®.
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"The superior information and visibility of the OTCQX marketplace allows companies to efficiently build investor confidence and expand their shareholder base," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome AgriMarine Holdings to OTCQX."
AgriMarine Holdings began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
"AgriMarine believes that joining the OTCQX is a cost effective method to facilitate a U.S. presence," stated Richard Buchanan, President and CEO of AgriMarine. "With the Company now trading on the OTCQX, TSX Venture Exchange and Frankfurt Exchange, we are confident that we have the platforms required to broaden our shareholder base, enhance liquidity and increase international awareness of our Company as we advance our projects in China and Canada."
Dorsey & Whitney LLP will serve as AgriMarine Holdings' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About AgriMarine Holdings, Inc.
AgriMarine Holdings, Inc. (TSX.V: FSH; OTCQX: AGMHF), trades in the United States on OTCQX under the symbol "AGMHF". AgriMarine is engaged in the development and commercialization of proprietary floating closed-containment aquaculture technology for rearing fish. With operations in China and Canada, AgriMarine will provide the global market with sustainably farmed fish while mitigating the traditional negative environment impacts created by net-cage fish farms.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks. Our OTC Link platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities. In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange. We categorize the wide spectrum of OTC-traded companies into three tiers– OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB (the U.S. reporting company marketplace for development stage companies), and OTC Pink (the speculative trading marketplace) -- so investors can identify the level and quality of information companies provide. To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
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