NEW YORK, Jan. 13, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Marquee Energy Ltd. (OTCQX: MQLXF; TSX-V: MQL), a Calgary-based growth oriented junior oil and gas company, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Marquee Energy begins 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 Marquee Energy to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Marquee joins the growing number of Canadian resource companies that have chosen OTCQX to increase their visibility and engagement with U.S. investors. We look forward to working with Marquee's management team as they execute on the company's growth objectives."
"Marquee is at an exciting stage in its development having just completed a strategic transaction with Sonde Resources Corp doubling production and adding significant new U.S. investment in the company," stated Richard Thompson, CEO of Marquee.
Merriman Capital, Inc. serves as Marquee Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Marquee Energy Ltd. is a publicly traded Calgary-based growth oriented junior oil and gas company currently focused on high rate of return oil development and production. The company is committed to growing through exploitation of existing opportunities and continued consolidation within its core area at Michichi, Alberta.
Marquee Energy will trade in the U.S. on OTCQX under the symbol "MQLXF."
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.