NEW YORK, May 10, 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 Allana Potash Corp. (TSX.V: AAA; OTCQX: ALLRF), a company focused on the acquisition and development of potash assets and is now trading on the OTC market's highest tier, OTCQX®.
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Allana Potash 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 offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Allana Potash to OTCQX."
Hodgson Russ LLP will serve as Allana Potash's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Allana Potash Corp.
Allana Potash Corp. (TSX.V: AAA; OTCQX: ALLRF) trades in the United States on OTCQX under the symbol "ALLRF". Allana Potash Corp. ("Allana") is a publicly traded company with a focus on the acquisition and development of potash assets. Allana's flagship project is its Ethiopia Potash Project in the Danakhil evaporite basin. Allana also has potash claims in Argentina adjacent to Vale's Rio Colorado project. Allana trades on the TSX Venture Exchange under the symbol "AAA".
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. In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange. 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.
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SOURCE OTC Markets Group Inc.
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