Apr 11, 2012, 07:00 ET
NEW YORK, April 11, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, announced that NioGold Mining Corp. (OTCQX: NOXGF; TSX.V: NOX), a gold exploration company, is now trading on the highest tier of the OTC market, OTCQX®.
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NioGold 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.
"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 NioGold to OTCQX."
Dorsey & Whitney LLP will serve as NioGold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About NioGold Mining Corp.
NioGold Mining Corp. (OTCQX: NOXGF; TSX.V: NOX) trades in the United States on OTCQX under the symbol "NOXGF", in Canada on the TSX Venture under the symbol "NOX". NioGold Mining Corporation is a gold exploration company with extensive land holdings in Northern Quebec's most prominent gold mining region adjacent to 7 producing gold mines. The Company's Malartic project holds NI 43-101 compliant indicated resources of 600,000 ounces gold in addition to inferred resources of 360,000 ounces gold. The gold resources are defined along a three-kilometre segment of a regional gold mineralised fault zone, in and around the former Marban, Norlartic and Kierens gold mines, which collectively produced 600,000 ounces of gold. NioGold controls a 20 km (12.5 miles) segment of this prospective fault zone.
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 wide spectrum of OTC-traded equity securities into three marketplaces to inform investors of opportunities and risks - 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.
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SOURCE OTC Markets Group Inc.
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