NEW YORK, Feb. 7, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Midlands Minerals Corp. (TSXV: MEX; OTCQX: MDLXF), a gold exploration company, is now trading on the OTC market's highest tier, OTCQX®.
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Midlands Minerals Corp. began trading today on the OTC market's prestigious 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 the highest level of visibility and access to U.S. investors possible in the OTC market," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Midlands Minerals to OTCQX."
Merriman Capital, Inc. will serve as Midlands Minerals' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Midlands Minerals Corp.
Midlands Minerals Corp. (TSXV: MEX; OTCQX: MDLXF), trades in the United States on OTCQX under the symbol "MDLXF". Midlands Minerals is a TSX-V listed company with highly prospective, quality gold projects, operating in investor friendly, gold-producing, geopolitically stable countries. The Company has a seasoned management and technical team with solid African experience and a track record of discovery, and is focused on growing its gold assets in Ghana, and its gold and diamond assets in Tanzania.
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.
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SOURCE OTC Markets Group Inc.
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