NEW YORK, March 27, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, announced that Luna Gold Corp. (OTCQX: LGCUF; TSX.V: LGC; BVL: LGC), a company focused on exploring, operating and developing gold resource properties in Brazil, is now trading on the highest tier of the OTC market, OTCQX®.
Luna Gold 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 Luna Gold to OTCQX."
Casimir Capital L. P. will serve as Luna Gold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About Luna Gold Corp. Luna Gold Corp. (OTCQX: LGCUF; TSX.V: LGC; BVL: LGC) trades in the United States on OTCQX under the symbol "LGCUF", in Canada on the TSX Venture under the symbol "LGC" and in Peru on the Bolsa de Valores de Lima ("BVL") under the symbol "LGC". Luna Gold Corp. is actively engaged in the operation, exploration, acquisition and development of gold resource properties in Brazil. The Company currently has one mining operation with a National Instrument 43-101 complaint resource of 3,166,000 gold ounces measured and indicated and 720,000 gold ounces inferred, one development project and a large greenfield exploration property which consists of an extensive landholding of exploration licenses totaling approximately 190,000 hectares located in northeast Brazil.
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 marketplace by categorizing the wide spectrum of OTC-traded companies into three tiers: 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.