NEW YORK, Oct. 7 /PRNewswire/ -- Pink OTC Markets Inc. (OTCQX: PINK), 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 NKWE Platinum Group Ltd. (ASX: NKP; OTCQX: NKWEY), an emerging PGM (Platinum Group Metals) focused company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
NKWE Platinum 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.
"Companies use OTCQX to expand their access to investors, engage them with quality disclosure of their financials, and provide trading transparency to stimulate liquidity," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome NKWE Platinum to OTCQX."
Madison Williams and Company will serve as NKWE Platinum's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About NKWE Platinum Ltd.
NKWE Platinum Group Ltd. (ASX: NKP; OTCQX: NKWEY) will trade in the United States on OTCQX under the symbol "NKWEY", where each ADR will represent 20 ordinary shares. NKWE Platinum is an emerging PGM focused company engaged in the acquisition, exploration, and development of platinum group and associated base metal projects. NKWE's flagship asset is the Garatau/Tubatse Project which has a current JORC resource of 68.5moz 3PGM+ Au.
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at firstname.lastname@example.org.
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SOURCE Pink OTC Markets Inc.