NEW YORK, June 11, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Pinnacle Bankshares Corporation. (OTCQX: PPBN), the one-bank holding company of First National Bank serving Central Virginia, has qualified to trade on the OTCQX® Best Marketplace.
Pinnacle Bankshares Corporation begins trading today on OTCQX under the symbol "PPBN." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are proud to welcome Pinnacle Bankshares Corporation to the growing family of community banks on our OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will provide Pinnacle Bankshares' shareholders transparent trading and convenient access to the company's news and financial filings so they can more easily analyze, value and trade its securities. We look forward to supporting Pinnacle Bankshares' in it is continued growth as a publicly-traded company."
"We are excited to be included on the OTCQX trading platform which will provide a multitude of benefits to our shareholders by increasing our financial reporting transparency and potentially improve the trading volume in our stock," said Bryan M. Lemley, Chief Financial Officer of Pinnacle Bankshares Corporation.
Monroe Financial Partners Inc. serves as Pinnacle Bankshares' Corporate Broker on OTCQX.
Pinnacle Bankshares Corporation is a locally-managed community banking organization based in Central Virginia. It is the one-bank holding company of First National Bank which has eight branches. First National Bank was founded in Altavista, Virginia, in 1908.
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 inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® Open Marketplace. 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.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.