NEW YORK, June 25, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Eaglewood Energy, Inc. (OTCQX: EWDYF; TSX.V: EWD), an international oil and gas exploration company with exploration licenses in Papua New Guinea, has chosen to trade on OTCQX®, the best marketplace with qualified companies.
Eaglewood Energy began trading today on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies that are listed on a qualified international exchange and provide their home country disclosure to U.S. investors. 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 Eaglewood Energy to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards. We look forward to supporting the Eaglewood Energy team as they continue to grow the company and provide a robust public market for their shares."
"We are proud to join OTCQX, which will enable us to provide our U.S. investors with timely news and information to help them better analyze, value and trade our securities," said Brad Hurtubise, CEO of Eaglewood Energy.
Berns & Berns will serve as Eaglewood Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Eaglewood Energy is an international oil and gas exploration company with exploration licenses in Papua New Guinea. The company has an operating office in Port Moresby, Papua New Guinea, a technical office in Australia, and its corporate office in Calgary, Alberta, Canada.
Eaglewood Energy trades in the U.S. on OTCQX under the symbol "EWDYF."
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 with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. 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.