Coronado Resources Begins Trading on OTCQX®
NEW YORK, March 14, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Coronado Resources Ltd. (OTCQX: CRDAF; TSX.V: CRD), a Canada-based mining company with operations in Montana, has chosen to trade on OTCQX®, the best OTC marketplace with qualified companies.
Coronado Resources began trading today on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"The OTCQX marketplace offers investor-focused companies an efficient and effective way to enhance their visibility with U.S. investors," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are pleased Coronado Resources has chosen to join the other elite companies trading on OTCQX."
Burns Figa & Will, PC will serve as Coronado Resources' Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Coronado Resources is a Canada-based mining company with operations in Montana, USA. The company has been primarily engaged in the underground development of its wholly owned Madison Mine, and has been receiving revenue since 2008 from the sale of high-grade gold and copper shipments.
Coronado Resources trades in the U.S. on OTCQX under the symbol "CRDAF."
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.