NEW YORK, July 25, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that operates the world's largest Open, Transparent and Connected marketplace platform, today announced that Kingsrose Mining Ltd (OTCQX: KGRSY; ASX: KRM), an Australian-based gold mining company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
Kingsrose Mining began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on 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 Kingsrose Mining to OTCQX."
Dahlman Rose & Co., LLC will serve as Kingsrose Mining's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Kingsrose Mining Ltd
Kingsrose Mining Ltd (OTCQX: KGRSY; ASX: KRM) trades in the United States on OTCQX under the symbol "KGRSY", where each ADR represents 5 ordinary shares. Kingsrose Mining Limited is a specialist high grade, low cost, narrow vein gold and silver producer with an 85% interest in the Way Linggo mine in South Sumatra, Indonesia. The company listed on the Australian Stock Exchange in December 2007.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest Open, Transparent and Connected financial marketplace platform. Our OTC Link® ATS directly links a diverse network of broker-dealers that provide liquidity and execution services in almost 10,000 equity and debt securities. We organize these securities into marketplaces to 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 information and data-driven platform enables trading through any broker at the best possible price and empowers companies to improve the quality and availability of information for their investors. To learn more about how we create smarter 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.