NEW YORK, Jan. 14, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Consolidated Goldfields Corp. (OTCQX: CDGF), a Nevada-based junior gold-silver company, has upgraded to trade on OTCQX®, the qualified OTC marketplace with the highest financial standards and third-party sponsorship.
Consolidated Goldfields will begin trading today on OTCQX U.S., a segment of the OTCQX marketplace reserved for high-quality U.S. companies that meet financial standards and provide timely news and disclosure to investors. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased Consolidated Goldfields has chosen to upgrade to OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Companies trading on OTCQX demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards."
"We are proud to join OTCQX, the highest OTC marketplace," said Marc J. Andrews, President and CEO of Consolidated Goldfields. "We are committed to providing our U.S. investors with timely news and information to help them better analyze, value and trade our securities."
Burns, Figa & Will, P.C will serve as Consolidated Goldfields' Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for sponsoring qualified companies and providing professional guidance on OTCQX requirements and U.S. securities laws.
Consolidated Goldfields is a junior gold-silver company directed by a management team that is experienced in all aspects of mining including exploration, development and operations for both major and other junior mining companies. The company's assets consists of nine precious metals projects that are situated in Nevada and California. Nevada is the 4th largest gold producer in the world behind South Africa (1), Australia (2) and China (3). Nevada mines produced 5,338,559 ounces of gold in 2010 at a value of $6.54 billion.
Consolidated Goldfields trades in the U.S. on OTCQX under the symbol "CDGF."
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 Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture 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 registered ATS.
SOURCE OTC Markets Group Inc.