NEW YORK, Dec. 6, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Lithium X Energy Corp. (TSX-V: LIX; OTCQX: LIXXF), a lithium exploration and development company, has qualified to trade on the OTCQX® Best Market. Lithium X upgraded to OTCQX from the OTCQB® Venture Market.
Lithium X begins trading today on OTCQX under the symbol "LIXXF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Trading on OTCQX will allow Lithium X to efficiently leverage its existing TSX Venture listing to build visibility and provide a more transparent trading market for U.S. investors," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We are pleased to welcome Lithium X to the OTCQX Best Market."
"In response to growing investor interest we have chosen to have Lithium X's shares traded on OTCQX, enabling greater exposure and accessibility to our expanding U.S. and global shareholder base," said Lithium X's President and CEO Brian Paes-Braga. "Lithium X looks forward to broadening its shareholder base further through the OTCQX platform."
SecuritiesLawUSA, PC serves as Lithium X's OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements.
Lithium X is a lithium exploration and development company with a focus on becoming a low-cost supplier for the burgeoning lithium battery industry. The Company is developing its Sal del los Angeles project covering more than 95% of Salar de Diablillos in Salta Province, Argentina. It is also exploring a large land package in Nevada's Clayton Valley, contiguous to the only producing lithium operation in North America Silver Peak, owned and operated by Albemarle, the world's largest lithium producer. Lithium X is listed on the TSXV under the trading symbol LIX.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
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SOURCE OTC Markets Group Inc.