NEW YORK, June 26, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Energy Fuels Inc. (OTCQX: EFRFF; TSX: EFR), a fully integrated producer of uranium and vanadium, has chosen to trade on OTCQX®, the best marketplace with qualified companies.
Energy Fuels began trading today on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies that are listed on a qualified international exchange and provide their home country disclosure to U.S. investors. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased Energy Fuels has chosen to upgrade to OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX is the best marketplace offering qualifying companies the means to enhance their U.S. shareholder base through high-quality disclosure, transparent trading and ease of access to company information. We look forward to supporting the Energy Fuels team as they continue to grow the company and provide a robust public market for their shares."
"We are proud to qualify for trading on OTCQX, which will enable us to provide our U.S. investors with timely news and information to help them better analyze, value and trade our securities," said Stephen P. Antony, President and CEO of Energy Fuels.
Sichenzia Ross Friedman Ference LLP will serve as Energy Fuels' Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Energy Fuels is America's largest conventional uranium producer, supplying approximately 25% of the uranium produced in the U.S. The company is also a significant producer of vanadium. Energy Fuels operates the White Mesa Mill, which is the only conventional uranium mill currently operating in the U.S. The mill is capable of processing 2,000 tons per day of uranium ore. Energy Fuels has projects located throughout the Western U.S., including producing mines and mineral properties in various stages of permitting and development.
Energy Fuels trades in the U.S. on OTCQX under the symbol "EFRFF."
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.