NEW YORK, Aug. 27 /PRNewswire-FirstCall/ -- 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 Novus Gold Corp. (OTCQX: NVXXF, TSX.V: NOV), a Canadian-based gold explorer, is now trading on the OTC market's highest tier, OTCQX®.
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Novus Gold 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.
"Investor-focused companies use the quality-controlled OTCQX platform to offer their investors transparent trading, superior information and easy access through their regulated U.S. broker-dealers," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Novus Gold to OTCQX."
Dorsey & Whitney LLP will serve as Novus Gold's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
"At Novus Gold we see joining OTCQX as a very cost effective method to facilitate a U.S. presence. As the top tier of the U.S. OTC market, with its transparency, credibility, superior information platform and convenience to U.S. investors, the OTCQX is gaining recognition from micro to large cap company cross listings. In conjunction with the Standard & Poor's Market Access program we are confident this achievement in Novus Gold's business plan will enhance our liquidity and broaden our shareholder base." stated Mike Magrum, Novus Gold's President and CEO.
About Novus Gold Corp.
Novus Gold Corp. is an aggressive Canadian-based gold explorer, with a proven management team, who have the capability to find, finance and develop gold assets which have world class potential. The Canadian Shield in Canada and the Caribbean Platform in the Dominican Republic are two regions that the company has selected to begin acquisitions and work.
For full details and news on Novus Gold Corp., please visit the website at www.novusgold.com.
About OTCQX
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 [email protected].
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SOURCE Pink OTC Markets Inc.
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