NEW YORK, April 23, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, announced that Klondex Mines Ltd. (OTCQX: KLNDF; TSX: KDX), a Nevada gold exploration and development company, is now trading on the highest tier of the OTC market, OTCQX®.
Klondex Mines 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.
"OTCQX provides services to companies which enable them to communicate with and engage their investors, while providing them with transparent trading and easy access to company information," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Klondex Mines to OTCQX."
Troutman Sanders LLP will serve as Klondex Mines' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Klondex Mines Ltd.
Klondex Mines Ltd. (OTCQX: KLNDF; TSX: KDX) trades in the United States on OTCQX under the symbol "KLNDF", in Canada on the TSX under the symbol "KDX". Klondex Mines Ltd. is engaged in owning, acquiring, exploiting, exploring, developing and evaluating mineral properties, and either joint venturing or developing these properties further disposing of them when the evaluation is completed. Klondex is currently focused on the exploration and development of its 100% owned Fire Creek gold deposit in North Central Nevada.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest OTC marketplace for equity securities. Our OTC Link® trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the wide spectrum of OTC-traded equity securities into three 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-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.
SOURCE OTC Markets Group Inc.