NEW YORK, Dec. 6, 2010 /PRNewswire/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Creso Exploration Inc. (TSX.V: CXT; OTCQX: CRXEF; Frankfurt: C3X), a Canadian resource exploration company, is now trading on the OTC market's highest tier, OTCQX®.
Creso Exploration 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.
"OTCQX provides the highest level of visibility and access to U.S. investors possible in the OTC market," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Creso Exploration to OTCQX."
Robert Casaceli, President and CEO of Creso Exploration commented: "We are very pleased that our shares are now trading on the OTCQX. Trading on OTCQX offers U.S. investors a transparent platform and provides an opportunity for Creso Exploration to increase international awareness of our Corporation and our progress as we advance our gold projects in the Shining Tree area of northeast Ontario, Canada."
Hodgson Russ LLP will serve as Creso Exploration's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Creso Exploration
Creso Exploration (TSX.V: CXT; OTCQX: CRXEF; Frankfurt: C3X) trades in the United States on OTCQX under the symbol "CRXEF". Creso Exploration is a junior exploration company whose main assets are gold properties in the Shining Tree district of Northern Ontario with additional interests in base metal properties in Guatemala.
OTCQX is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information, and to view a full list of OTCQX companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at firstname.lastname@example.org.
SOURCE Pink OTC Markets Inc.