NEW YORK, Dec. 3, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) congratulates Energy Fuels Inc. (OTCQX: EFRFD; TSX: EFR), America's largest conventional uranium producer, on its approval to list on the New York Stock Exchange's NYSE MKT. Energy Fuels is moving to the NYSE MKT from OTC Markets Group's OTCQX® marketplace, making it the eighth company to transfer from OTCQX to a U.S. stock exchange this year.
"We congratulate Energy Fuels on its NYSE MKT listing," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "While we are always sad to lose one of our OTCQX companies, we are pleased that our best marketplace has helped Energy Fuels prepare for this next phase of its development as a public company. We wish Energy Fuels' management team the best in this next step and look forward to working with more companies as they seek to increase their visibility in the U.S. market."
"Trading on OTCQX has helped Energy Fuels grow our business model and increase investor awareness of our company, particularly in the United States," said Stephen P. Antony, President and CEO of Energy Fuels. "We would recommend that other companies consider exploring the potential of trading on OTCQX."
OTCQX continues to be the U.S. marketplace of choice for U.S. and global companies that are looking to execute their business plans and grow into a U.S. stock exchange listing. Other companies that have moved from OTCQX to a U.S. stock exchange this year include: Altisource Asset Management Corp., American Eagle Energy Corp., B2Gold Corp., Empire Resources Inc., LiqTech International Inc., Organovo Holdings Inc. and Tiptree Financial Inc.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link® ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.