NEW YORK, Sept. 13, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Atlantic Coal PLC (OTCQX: ATCLY; LSE: ATC), a coal production and processing company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
Atlantic Coal 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.
"The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Atlantic Coal to OTCQX."
Rodman & Renshaw, LLC will serve as Atlantic Coal's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Atlantic Coal PLC
Atlantic Coal PLC (OTCQX: ATCLY; LSE: ATC) trades in the United States on OTCQX under the symbol "ATCLY", where each ADR represents 500 ordinary shares. Atlantic Coal plc, headquartered in the UK, is a coal production and processing company, focused predominantly on open cast mining and the processing of high-grade, low emission coal. Its primary asset is the Stockton Colliery, a opencast anthracite mining and processing operation in Pennsylvania.
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. 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.
SOURCE OTC Markets Group Inc.