NEW YORK, May 9, 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 Corvus Gold Inc. (TSX: KOR;OTCQX: CORVF), an exploration company focused on gold-related mineral properties located in Alaska and Nevada, is now trading on the OTC market's highest tier, OTCQX®.
"The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Corvus Gold to OTCQX."
Corvus Gold 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.
"We are very pleased to join an impressive and rapidly growing list of international companies whose shares trade on the OTCQX," said Jeff Pontius, Chairman and Chief Executive Officer of Corvus Gold. "In line with our commitment to raise investor awareness of Corvus Gold's activities, and as a Canadian-listed company with assets located in Nevada and Alaska, OTCQX expands our exposure to the equities markets in the United States and offers U.S. investors an efficient and transparent forum on which to participate in the company's ongoing developments."
Dorsey & Whitney LLP will serve as Corvus Gold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Corvus Gold Inc.
Corvus Gold Inc. (TSX: KOR;OTCQX: CORVF) trades in the United States on OTCQX under the symbol "CORVF". Corvus Gold Inc. is engaged in the acquisition and exploration of gold-related mineral properties located in Alaska and Nevada which range from early state to advanced exploration. The company's mandate is to become a non-operating gold producer with significant carried interest and royalty exposure.
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.
SOURCE OTC Markets Group Inc.