NEW YORK, Dec. 17, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Maudore Minerals Ltd. (OTCQX: MAOMF; TSX.V: MAO), a junior gold company based in Montreal, Quebec, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Maudore began 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, undergo management reviews 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 Maudore to OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Maudore is one of the numerous Canadian junior mining companies that have chosen to trade on the OTCQX marketplace and provide their U.S. investors with transparent trading and timely access to their news and disclosure. We look forward to working with Maudore's management team as they continue to build the company's visibility in the U.S. market."
"This represents a very key milestone for Maudore," said Greg Struble, President and CEO for Maudore Minerals. "With this new access, we are excited to start increasing our market visibility and sharing our vision with a larger audience of investors."
Scarsdale Equities LLC will serve as Maudore's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Maudore is a Quebec junior gold company with milling operations and more than 23 exploration projects, of which five are at an advanced stage toward development with reported current and historical resources.
Maudore trades in the U.S. on OTCQX under the symbol "MAOMF."
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.