NEW YORK, Sept. 23, 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 over-the-counter ("OTC") stocks, announced that Next Gen Metals, Inc. (OTCQX: NXTTF; TSX.V: N), a mineral exploration company focused on silver, gold and base metals projects in North America, is now trading on the highest tier of the OTC market, OTCQX®.
Next Gen Metals 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.
"The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Next Gen Metals to OTCQX."
Merriman Capital, Inc. will serve as Next Gen Metals' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
"We are pleased to be able to better serve the growing number of U.S. investors following Next Gen Metals with an enhanced U.S. presence on OTCQX and the advisory services provided by Merriman Capital Inc.," said Next Gen Metals' President & CEO, Harry Barr. "The OTCQX has earned a strong reputation for providing U.S. investors with improved, liquidity, transparency, superior information, and easy access through their U.S. regulated broker-dealers."
About Next Gen Metals, Inc.
Next Gen Metals, Inc. (OTCQX: NXTTF; TSX.V: N) trades in the United States on OTCQX under the symbol "NXTTF", and in Canada on TSX Venture under the symbol "N". Next Gen is a mineral exploration company whose current focus is on silver, gold, and base metals projects in North America. The Company has recently acquired a 60% earn in option with Alto Ventures Ltd (TSX.V: ALT) on the Destiny Gold Project (600,000 oz Gold) located in the Abitibi Greenstone Belt of Northwest Quebec, one of the most famous gold and base metals regions in the world. Next Gen is also advancing the Silver Chalice Project, located in Alaska, and the Fate Gold Project, located adjacent to the Destiny Gold Project.
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. 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.