NEW YORK, June 27, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Fission Uranium Corp. (OTCQX: FCUUF; TSX.V: FCU), a Canada-based uranium exploration company with a major high-grade uranium discovery in Canada's Athabasca Basin, has chosen to trade on OTCQX®, the best marketplace with qualified companies.
Fission Uranium 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 to welcome Fission Uranium to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards. We look forward to supporting the Fission Uranium team as they continue to grow the company and provide a robust public market for their shares."
"We are pleased to join OTCQX as it will provide our U.S. investors with timely news and information to help them better analyze, value and trade our securities," said Dev Randhawa, CEO and Chairman of Fission Uranium.
Euro Pacific Capital will serve as Fission Uranium's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Fission Uranium's new discovery at Patterson Lake South (PLS) is located in the Athabasca Basin, home to the world's richest source of high-grade uranium. Additional highly prospective properties are held on the Western side of the Athabasca Basin as well as in the emerging uranium district of Macusani in Peru.
The company's technical team, under the leadership of President, COO and Chief Geologist, Ross McElroy, has made two major uranium discoveries in the last three years. Fission's founding CEO, Dev Randhawa, also founded Fission Energy Corp. which became a top 50 TSX-V company before selling the majority of its assets – as part of a deal arranged by Dev Randhawa – to Denison Mines.
Fission Uranium trades in the U.S. on OTCQX under the symbol "FCUUF."
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.
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SOURCE OTC Markets Group Inc.