NEW YORK, April 21, 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 Liberty Resources Ltd (ASX: LBY;OTCQX: LRTYY) an Australian based fertilizer and clean energy company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
Liberty Resources began trading today on the OTC market's premier 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 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 Liberty Resources to OTCQX."
BNY Mellon will serve as Liberty's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Liberty Resources Ltd
Liberty Resources Ltd (ASX: LBY;OTCQX: LRTYY) trades in the United States on OTCQX under the symbol "LRTYY", where each ADR represents 50 ordinary shares. Liberty Resources Limited is an Australian based company focused on developing a world class Urea Project in Queensland by converting un-mineable coal into hydrogen syngas, which is used to produce low cost Urea. Urbanization, especially in China and India, is driving demand for food production and presents an immediate market for urea. Clean Fuels, including hydrogen, also present commercial opportunities for refined syngas.
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.