Levon Resources Begins Trading on OTCQX®
NEW YORK, May 15, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Levon Resources Ltd. (TSX: LVN; OTCQX: LVNVF), a mid-tier mineral exploration company, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Levon begins trading today on OTCQX under the symbol "LVNVF." 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 Levon to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will enable Levon to leverage its existing Canadian disclosure to broaden its exposure to U.S. investors. We look forward to working with Levon as the company expands its visibility in the U.S. market."
"Trading on OTCQX is a natural step in the growth of Levon," commented Ron Tremblay, President and CEO of Levon Resources Ltd. "Levon is at an exciting stage in its development and rapid growth phase, and with the assistance of Euro Pacific Capital we look forward to elevating the awareness of the company to a broader U.S. shareholder base. With this new access, we are excited to start increasing our market visibility and sharing our vision with a larger audience of investors. We believe that Euro Pacific will broaden the company's access to both current and prospective U.S. shareholders. This should increase our exposure to U.S. investors with more efficient access and liquidity to our stock in the United States. We also believe that all shareholders will benefit from Euro Pacific's access to a larger number of retail and institutional investors."
Euro Pacific Capital, Inc. serves as Levon's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Levon Resources is exploring one of the world's largest silver resources at the company's 100%-owned Cordero Project in northwest Mexico. In less than four years, Levon has amassed a resource at Cordero containing 364 million ounces silver indicated plus 91 million ounces silver inferred. Further indicated resources of 945,000 ounces gold, 6.1 billion pounds zinc and 3.3 billion pounds lead have established Cordero as one of Mexico's premier polymetallic porphyry targets.
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; OTCQB®, The Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. 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.